About: pumarketings
Recent Posts by pumarketings
Oil Prices Reverse Gains After Surprise U.S. Inventory Build; OPEC+ Supply Decision in Focus
Key Takeaways: *U.S. crude inventories rose by 600,000 barrels vs. expectations for a 3.4M draw, fueling fresh demand concerns. *Tariff-driven global slowdown and fragile U.S. consumption outlook weigh further on oil sentiment. *Markets eye this weekend’s meeting, where a potential 1M+ bpd supply hike could add to downside pressure. Market Summary: Oil prices retreated fromContinue Reading
Gold Extends Rally to Record Highs on Debt Fears, Dovish Fed Outlook
Key Takeaways: *Gold broke above $3,500/oz, fueled by safe-haven demand amid global bond selloffs and rising fiscal sustainability concerns. *Softer U.S. labor data reinforced expectations of a September Fed rate cut, weakening the dollar and boosting gold’s appeal. *Fiscal worries and monetary easing keep upside risks intact, with U.S. payrolls data seen as the nextContinue Reading
Wall Street Rallies to Records on Dovish Rate Bets; Nasdaq, S&P 500 Hit New Highs Ahead of NFP
Key Takeaways: *U.S. equities surged, with the S&P 500 hitting a fresh all-time high and the Nasdaq leading gains on Fed rate-cut optimism. *Softer job data, including weak ADP payrolls and higher jobless claims, strengthened expectations of Fed easing at the September meeting. *Today’s payrolls report is seen as pivotal—weak data could fuel further gains,Continue Reading
