About: pumarketings
Recent Posts by pumarketings
Euro Defies Haven Norms, Outperforms Yen and Franc Amid Geopolitical Strains
Key Takeaways: *The euro outperformed among safe-haven currencies like the Yen and Swiss Franc amid heightened geopolitical risk. *Eyes on today’s eurozone PMI readings to gauge the euro’s strength. Market Summary: The euro has displayed unexpected resilience in recent sessions, outperforming traditional safe-haven currencies such as the Japanese yen and Swiss franc despite rising geopoliticalContinue Reading
Markets Jolt on Middle East Escalation as Dollar Surges, Risk Assets Retreat
Key Takeaways: *The U.S. dollar rallied at the start of the week as the market perceived heightened geopolitical risk. *Wall Street may face headwinds from the Middle East conflict and edge lower. Market Summary: Financial markets opened the week on a volatile note, driven by intensifying geopolitical tensions in the Middle East. The U.S. dollarContinue Reading
Oil Surges Amid U.S. Strikes on Iran’s Nuclear Sites
Key Takeaways: *U.S. officially joins Israel-Iran conflict by striking Iran’s nuclear sites *Iran threatens potential retaliation via sleeper cells and military escalation *Oil prices surge amid fears of Middle East supply disruptions *Risks to Strait of Hormuz raise concerns of a global oil shock Market Summary: Most asset classes, including forex, commodities, and equities, tradedContinue Reading
