About: pumarketings
Recent Posts by pumarketings
Market Sentiment Buoyed by Dovish Fed, Geopolitical Relief
Key Takeaways: *Fed Chair Jerome Powell reaffirmed the path toward rate cuts, emphasizing a cooling labor market and bolstering expectations for easing in October and December. *News of a diplomatic breakthrough ending the Israel-Hamas conflict further improved investor confidence, reinforcing a risk-on market tone. *Trump’s criticism of China over stalled U.S. soybean imports reignited tradeContinue Reading
AUD Firms Modestly as RBA Minutes Affirm Hawkish-Hold Stance
Key Takeaways: *The Aussie stabilized after RBA minutes emphasized a data-dependent approach and signaled no urgency to ease policy. *Strong Q2 GDP and persistent services inflation reinforced the central bank’s cautious, hold-and-see stance. *Traders eye upcoming Chinese inflation data and ongoing U.S.–China trade tensions as key drivers for near-term AUD volatility. Market Summary: The AustralianContinue Reading
Wall Street Whipsaws on Trade Tensions, Relief Rally Tests Resilience
Key Takeaways: *U.S. equities bounced sharply, with the Nasdaq surging 2.2% after last Friday’s heavy sell-off triggered by the U.S.–China trade tensions. *Markets recovered as Trump’s softer weekend tone eased fears of a full-blown trade escalation, though volatility remains elevated. *Persistent enthusiasm around artificial intelligence continues to provide underlying support for Wall Street’s broader resilience.Continue Reading
