About: pumarketings
Recent Posts by pumarketings
Yen Finds Support as Markets Eye BoJ Policy Normalization
Key Takeaways: *The yen rebounded as markets priced in a potential shift away from ultra-loose monetary policy, with September emerging as a possible turning point *A new bilateral trade deal eased short-term economic risks and bolstered the BoJ’s policy flexibility, offering near-term relief to the currency. *Upcoming meeting minutes could confirm a hawkish tilt; marketsContinue Reading
Oil Prices Retreat as OPEC+ Output Hike, Weak US Jobs Data Fuel Bearish Sentiment
Key Takeaways: *US Jobs Disappoint: Nonfarm Payrolls rose just 130,000 vs. 200,000 expected, denting risk appetite and dragging commodities lower. *OPEC+ Confirms Output Increase: Alliance will add 547,000 bpd starting September, completing the reversal of 2023’s voluntary cuts. Market Summary: Crude oil prices, a key barometer of global growth, started last week on a strongContinue Reading
Dollar Weekly Review – Weaker Jobs Data Triggers Rate Cut Bets
Key Takeaways: *Stronger PCE, weaker NFP: Mixed signals complicate the Fed’s path forward. *Rate cut expectations revive, weighing on the dollar and Treasury yields. *Trump pressure returns, raising questions about Fed independence. Market Summary: The US Dollar Index (DXY) endured a volatile week, initially rising on stronger inflation data before giving up gains after aContinue Reading
