About: pumarketings
Recent Posts by pumarketings
AUD Stabilizes Amid RBA Caution, Faces Pressure from Chinese Deflationary Data
Key Takeaways: *Meeting minutes reaffirmed a balanced but restrictive policy stance amid weak domestic consumption and softer labor and wage growth. *Subdued Chinese CPI at -0.3% signaled ongoing deflation risks, dampening demand prospects for Australian exports and pressuring the Aussie. *Upcoming employment figures on Thursday could drive volatility — strong results may offer short-term support,Continue Reading
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
