About: pumarketings
Recent Posts by pumarketings
BoE Rate Decision Looms as Markets Price in Cut; Sterling Poised for Volatility
Key Takeaways: *Markets have priced in a rate reduction, driven by weak retail sales, a cooling labour market, and sluggish GDP, which have anchored the pound’s recent softness. *A stronger-than-expected UK PMI and trade benefits from the U.S. “Liberation Day” tariff policy have introduced upside risks to growth expectations. Market Summary: The Bank of EnglandContinue Reading
Dollar Trades Sideways as Tariff Uncertainty Weighs; Gold Rises on Safe-Haven Demand
Key Takeaways: *Trump’s renewed tariff threats against India over Russian oil imports have intensified market concerns, keeping the dollar range-bound and Wall Street under pressure. *Escalating trade uncertainty and a softer greenback lifted gold to a two-week high above $3,390. Market Summary: The U.S. dollar remained range-bound while Wall Street gave back part of Monday’sContinue Reading
Chart the Market (06/08/2025)
ETH, H4: Ethereum (ETH) staged a sharp recovery after breaching the critical $3,555 support level, a move that initially signaled a bearish breakdown. However, the quick rebound and subsequent stabilization above this pivotal zone suggest the prior dip may have been a false breakdown, reigniting prospects for a bullish trend reversal. Importantly, ETH continues toContinue Reading
