About: pumarketings
Recent Posts by pumarketings
Yen Under Fire as Japan Faces Political Upheaval
Key Takeaways: *The yen slumped as Ishiba’s resignation fueled political uncertainty and revived fears of a return to aggressive fiscal stimulus. *JGB yields spiked, with the 30-year hitting a record 3.285%, reflecting concerns over Japan’s unsustainable debt path near 250% of GDP. *Stronger Q2 GDP revisions offered little comfort, with markets focused on leadership successionContinue Reading
NFP Shock Fuels Fed Cut Bets and Gold Surge
Key Takeaways: *Gold held above $3,590/oz after August’s shock NFP miss, with weaker labor data cementing Fed cut bets and undermining the dollar’s yield advantage. *Political interference in U.S. institutions and eroding Fed independence raise risks of a Treasury-to-gold rotation, with upside toward $3,800/oz. *The dollar remains fragile as yields collapse and policy credibility isContinue Reading
Chart the Market (05/09/2025)
ETH, H4: Ethereum has retreated from its recent bullish breakout, erasing earlier gains that followed a move above both its descending trendline resistance and a descending triangle pattern. The failure to sustain upward momentum has brought the cryptocurrency back to a critical technical level at the $4,275 support zone. A decisive break below this levelContinue Reading
