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Recent Posts by pumarketings

US Stocks Extend Rally on AI Momentum Despite Shutdown Risks

Key Takeaways: *US equities climb as AI trade drives new record highs *Government shutdown delays key economic data, including September jobs report *Fed officials, including Chair Powell, set to provide policy guidance this week Market Summary: US stocks extended their rally,, with major indices advancing toward fresh record highs as investor enthusiasm around artificial intelligenceContinue Reading

Crude Oil Prices Edge Higher Amid OPEC+ Supply Discipline and Rate Cut Bets

Key Takeaways: *OPEC+ announces modest 137,000 bpd production increase for November *Supply concerns tempered, easing fears of oversupply *Long-term demand outlook remains clouded by EV adoption and economic uncertainty Market Summary: Crude oil prices strengthened slightly at the start of the week after OPEC+ reaffirmed its cautious approach to production increases. On Sunday, the OrganizationContinue Reading

Yen Weakens Sharply as Nikkei Surges on Takaichi’s Policy Outlook

Key Takeaways: *Sanae Takaichi elected LDP leader, set to become Japan’s first female prime minister *Takaichi favors aggressive fiscal and monetary expansion, pressuring yen *Nikkei index rallies to record highs amid expectations of sustained policy support Market Summary: Japan’s political landscape underwent a historic shift over the weekend, as the Liberal Democratic Party elected SanaeContinue Reading

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