About: pumarketings
Recent Posts by pumarketings
Dollar Strengthens as Hot CPI Data Dampens Fed Rate Cut Expectations
Key Takeaways: *June CPI came in at 2.7% YoY, above forecasts and May’s 2.4%, triggering a hawkish shift in Fed expectations and boosting the dollar. *Markets pulled back bets on a July rate cut, now viewing September as the next likely window—conditional on softer inflation prints ahead. *President Trump proposed new tariffs on pharmaceutical imports,Continue Reading
Yen Remains Heavy as BOJ Dovishness Meets Trade Headwinds
Key Takeaways: *The BOJ remains hesitant to tighten policy despite core inflation near 3.7%, as wage growth lags and trade risks mount, reinforcing the yen’s role as a low-yield funding currency. *With Japan’s policy rate at just 0.5% versus the Fed’s 4.25%–4.50%, the wide yield differential continues to drive outflows from the yen into theContinue Reading
Crypto Market Surges to Record $3.8 Trillion as BTC Hits Fresh High, Altcoins Gain Momentum
Key Takeaways: *BTC briefly surged past $120,000, while total crypto market cap topped $3.8 trillion, signaling strong investor demand despite a modest pullback. *The upcoming “Crypto Week” (July 14–18) will see review of the GENIUS and CLARITY Acts in the U.S. House, which may deliver long-awaited regulatory clarity. Market Summary: The cryptocurrency market continued itsContinue Reading
