About: pumarketings
Recent Posts by pumarketings
Fed Risks Weigh on Dollar, Lift Gold
Key Takeaways: *The U.S. dollar weakened despite strong Q2 GDP and consumer spending, as political interference fears overshadowed solid data. *Treasury yields drifted lower, while shutdown risks threaten to delay key economic data, adding to dollar fragility. *Gold benefited from safe-haven flows, buoyed by NATO-Russia tensions and easing real yields. Market Summary: The U.S. dollarContinue Reading
Oil’s Rally Undone as Demand Outlook Weakens
Key Takeaways: *Oil spiked last Friday on a sharper-than-expected draw in U.S. inventories, but the rally quickly faded as traders questioned the sustainability of demand. *Rising U.S. shale output and softer OPEC+ compliance are easing supply tightness, undermining the bullish narrative. *Weakening manufacturing activity in China and Europe is casting doubt on forward demand, shiftingContinue Reading
Bitcoin Bounces Back After $1 Billion Liquidation, Eyes Fresh Upside
Key Takeaways: *Bitcoin fell below $109,000 last week before staging a sharp rebound. *Over $1 billion in derivatives liquidations accelerated the sell-off. *Profit-taking, ETF outflows, and U.S. political risks weighed on sentiment. Market Summary: The cryptocurrency market endured a sharp correction last week, with Bitcoin sliding under $109,000 and Ethereum dipping below $4,000. The downturnContinue Reading
