About: pumarketings
Recent Posts by pumarketings
Euro Falters as Dollar Finds Footing Pre-CPI
Key Takeaways: *A dovish Fed repricing is the main driver: payrolls were revised down by 911K, cementing expectations for a September rate cut with 90% probability. *Dollar weakness is being tempered by caution ahead of key U.S. inflation data (PPI, CPI), with headline CPI expected at 2.9%. *European political risk remains a drag, as France’sContinue Reading
Oil Rallies Fade as Oversupply Caps Gains
Key Takeaways: *Oil prices spiked on the Israeli strike in Doha but quickly reversed as supply remained unaffected. *OPEC+ supply increases, rising inventories, and weak demand indicators. *Geopolitical risks are the only supports, but markets remain skeptical of lasting disruption. Market Summary: Oil prices exhibited a characteristically fleeting rally, jumping on a significant geopolitical shockContinue Reading
Hang Seng Index Rises to Record High on Property, Tech Optimism
Key Takeaways: *The Hang Seng Index surged past the 26,000 mark to a four-year high, gaining over 3% this week on rotation into Asian equities. *Property developers and tech giants led advances, supported by easing real estate concerns and optimism over upcoming earnings. *Improved U.S.-China trade tone and stronger Chinese FX reserves boosted sentiment; focusContinue Reading
