About: pumarketings
Recent Posts by pumarketings
Aussie Holds Firm Ahead of RBA Decision, Supported by Strong Jobs Data and China Stimulus Hopes
Key Takeaways: *The Aussie stood firm ahead of the RBA interest rate decision on Hawkish expectation. *China rate cutting help to bolster the Aussie dollar’s strength. Fundamental Analysis The Australian dollar remained resilient against its G7 peers in recent sessions, underpinned by robust domestic economic data. A stronger-than-expected employment report — featuring upbeat employment changeContinue Reading
Oil edges higher as Iran nuclear talks stall
Key Takeaways: *Iran nuclear talks hit a roadblock – Iran rejected U.S. demands to halt uranium enrichment, reducing the likelihood of a near-term deal that would ease sanctions and boost Iranian oil exports. *Supply concerns support prices – The stalled negotiations help keep 300,000–400,000 barrels/day of Iranian crude off the market, tightening global supply expectations.Continue Reading
Gold Slips as Ceasefire Hopes Curb Safe-Haven Demand
Key Takeaways: *Gold retreated despite a weaker U.S. dollar and Moody’s U.S. credit downgrade, as geopolitical sentiment shifted.*Trump signals potential Russia-Ukraine ceasefire talks, prompting risk-on sentiment Fundamental Analysis Gold prices slipped on Tuesday, retreating from recent highs despite a weaker U.S. dollar and Moody’s downgrade of the U.S. credit outlook. The move came as geopoliticalContinue Reading
