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About: pumarketings

Recent Posts by pumarketings

Markets Open with Calmer Sentiment | Key Data Ahead

Gold Slips to May Low as China-U.S. Trade De-escalation Fuels Risk Rally

 Key Takeaways: *China-U.S. positive trade talk boosts the market sentiment *Improved marker risk appetite exert downside pressure on the gold. Market Summary: Gold prices slid to their lowest level in May, hovering near $3,220, as renewed optimism in global markets following a breakthrough in China-U.S. trade relations dampened demand for safe-haven assets. The week-long negotiationsContinue Reading

Pound Slides to One-Month Low as BoE Policy Shift Weighs on Sentiment

 Key Takeaways: *Pound Sterling ease after BoE’S rate cut. *Pound Sterling turns weaker ahead of today’s job data. Market Summary: TThe Pound Sterling weakened across the board, reaching its lowest level in a month against G7 currencies as markets digested the Bank of England’s dovish pivot. Last week, the central bank cut its benchmark interestContinue Reading

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