About: pumarketings
Recent Posts by pumarketings
Euro Rallies on Fed Cut Bets and Trade Optimism
Key Takeaways: *EUR climbed as dollar weakens on rising Fed rate cut bets *U.S.-EU trade deal optimism lifts eurozone outlook, boosts risk appetite *ECB seen cutting by year-end, but mixed data tempers near-term dovish shift Market Summary: The euro continued to climb toward multi-year highs, buoyed by a confluence of dollar softness and improving transatlanticContinue Reading
Aussie Holds Steady Ahead of Key RBA Decision, Faces Volatility on Policy and Data Cues
Key Takeaways: *The Australian dollar remains range-bound as traders await next week’s RBA policy announcement, with no signs of imminent aggressive easing. *Better-than-expected Chinese manufacturing data lifted the Aussie, reflecting its sensitivity to economic signals from its top trading partner. *Upcoming retail sales data could influence short-term AUD sentiment and reinforce expectations for a steadyContinue Reading
Wall Street Extends Rally to Fresh Highs Amid Trade Optimism, VIX Falls to Four-Month Low
Key Takeaways: *The S&P 500 hit another record high, driven by optimism over resumed U.S.-Canada trade talks and easing geopolitical tensions. *The CBOE Volatility Index dropped below 17.00, signaling improved market confidence following the ceasefire between Israel and Iran. *Investors remain cautious over Trump’s proposed tax cuts, which could expand the U.S. deficit and impactContinue Reading
