About: pumarketings
Recent Posts by pumarketings
AUD Faces Sustained Selling Pressure on Soft Job Data
Key Takeaways: *Softer labor market data — unemployment rising to 4.5% and modest job gains — reinforced the RBA’s dovish stance and reduced rate support for the Aussie. *Subdued Chinese CPI confirmed persistent deflationary risks and weak demand, threatening Australia’s export outlook. *AUD remains vulnerable amid lingering U.S.–China trade tensions. Market Summary: The Australian dollarContinue Reading
Oil Stuck in a Tug-of-War Between Sanctions and Soft Demand
Key Takeaways: *Crude oil remains rangebound as traders weigh tightening supply risks against weakening demand. *U.K. sanctions and Trump’s comments on India phasing out Russian oil raise supply concerns, but markets doubt near-term disruption. *U.S. and China growth softness continues to cap demand, overshadowing geopolitical risks. Market Summary: Crude oil prices are struggling to findContinue Reading
Dollar Weakens as Gold Hits Record Highs on Fed Dovish Shift
Key Takeaways: *The U.S. dollar extended losses as dovish Fed commentary, weak data, and political turmoil eroded policy confidence. *Fed Chair Powell flagged a “notably softer labor market,” cementing expectations for two rate cuts by year-end. *Gold surged past $4,200 per ounce as investors sought refuge amid declining real yields and de-dollarization momentum. Market Summary:Continue Reading
