About: pumarketings
Recent Posts by pumarketings
Euro Rises Despite ECB Rate Cut, as Dollar Weakness Remains Dominant Theme
Key Takeaways: *ECB delivers widely anticipated 25bps rate cut to 3.75% *Eurozone inflation cools, offering ECB room to ease policy Market Summary: The euro edged higher against the U.S. dollar on Thursday, extending its gains despite the European Central Bank (ECB) delivering a widely anticipated 25-basis-point interest rate cut, as a broader dollar retreat continuedContinue Reading
Gold Slightly Retreats on Trade Optimism
Key Takeaways: *Renewed US-China diplomatic contact lifts market sentiment *Risk appetite rebounds slightly, aiding risk-sensitive currencies *Dollar continues to slide on weak US jobs data *Gold dips modestly but maintains bullish fundamentals amid USD softness and US debt risks Market Summary: Global risk sentiment improved modestly after US President Donald Trump revealed he had aContinue Reading
Inflation in Focus: Key CPI, PPI and Global Growth Signals Await
The Week Ahead: Week of 9th June 2025 (GMT+3) Weekly Market PreviewRecent U.S. economic data has largely fallen short of expectations, with early signs that the impact of ongoing trade tensions may be materializing. Despite the weakening data, Federal Reserve officials remain divided on the appropriate course of action for monetary policy, as concerns persistContinue Reading
