About: pumarketings
Recent Posts by pumarketings
Hang Seng Index Rises to Record High on Property, Tech Optimism
Key Takeaways: *The Hang Seng Index surged past the 26,000 mark to a four-year high, gaining over 3% this week on rotation into Asian equities. *Property developers and tech giants led advances, supported by easing real estate concerns and optimism over upcoming earnings. *Improved U.S.-China trade tone and stronger Chinese FX reserves boosted sentiment; focusContinue Reading
Dollar Pressured After NFP Revision as Markets Eye CPI Data
Key Takeaways: *BLS downward revision erased 911,000 payrolls, slashing average monthly job growth to 74,000 and fueling expectations for deeper Fed cuts. *The dollar index broke below 98.00, while gold surged to record highs on safe-haven demand. *Relief from Fed independence tensions steadied the dollar, but focus now shifts to Sept. 11 CPI for confirmationContinue Reading
Chart the Market (09/09/2025)
Hang Seng Index (HK50), H1: The Hang Seng Index has been trading on a firm uptrend, though momentum recently stalled at the critical resistance near the 26,000 mark. While the index managed to break above this level, it has struggled to sustain traction, raising concerns of a potential false breakout. A decisive move and consolidationContinue Reading
