About: pumarketings
Recent Posts by pumarketings
Euro Stability Tested by Rising Unemployment
Key Takeaways: *Eurozone unemployment rose to 6.3% in August, the highest this year, complicating ECB’s policy outlook amid slowing growth. *Global political instability, including U.S. shutdown risks and Japan’s leadership transition, has boosted demand for euro assets. *Upcoming inflation and GDP figures will be pivotal; solid readings could reinforce resilience, while further weakness may pressureContinue Reading
Yen Weakens as BoJ Disappoints Hawks, Political Uncertainty Looms
Key Takeaways: *Governor Ueda’s cautious remarks reduced odds of an October BoJ hike, curbing earlier safe-haven driven yen gains. *LDP leadership race signals expansionary fiscal plans, raising concerns over Japan’s fiscal path and BoJ’s accommodative stance. *With policy normalization expectations tempered and fiscal support likely, the yen faces extended underperformance against peers. Market Summary: TheContinue Reading
Chart the Market (03/10/2025)
ETH, H4: Ethereum has extended its bullish momentum, advancing to its highest level in two weeks and fully recovering losses from the recent corrective phase. The cryptocurrency now approaches a critical technical juncture at the $4,540 level—a significant liquidity zone where ETH previously consolidated for approximately one week. This barrier represents the next substantial challengeContinue Reading
