About: pumarketings
Recent Posts by pumarketings
Oil Prices Surge on Russia Sanctions But Structural Surplus Looms
Key Takeaways: *Supply Disruption: U.S. sanctions on Rosneft and Lukoil threaten up to 2 million bpd of Russian exports, forcing a rerouting of global oil flows. *Temporary Tightness: Brent and WTI surged over 5% as traders priced in short-term supply risk, though a U.S. grace period until Nov 21 tempers the shock. *OPEC+ Readiness: KuwaitContinue Reading
Sterling Struggles as Dovish BoE Bets and Fiscal Fears Mount
Key Takeaways: *Softer inflation data (headline CPI at 3.8%, core 3.5%) triggered aggressive market bets on BoE rate cuts by year-end, eroding Sterling’s yield advantage. *Chancellor Reeves faces a £25B budget shortfall ahead of the Autumn Budget, raising fears of fiscal slippage and renewed credibility concerns. *Business and consumer data point to stagnating demand, withContinue Reading
Chart the Market (24/10/2025)
USDCAD, H4: The USDCAD pair is exhibiting a significant technical deterioration, with its previously established uptrend now under severe threat. The sequence of higher highs and higher lows that defined the rally from the 1.3730 low has been invalidated, shifting the near-term bias to bearish. The immediate focal point is the critical support level atContinue Reading
