About: pumarketings
Recent Posts by pumarketings
Crypto Rally Cools as Profit-Taking Emerges, But Broader Risk-On Sentiment Supports Outlook
Key Takeaways: *The rally was powered by sustained ETF inflows into BTC and ETH, alongside bullish sentiment following the passage of new digital asset legislation. *The recent pause comes after over $400 million in leveraged long positions were liquidated, as overheated conditions in the derivatives market prompted a swift correction across major tokens. *Despite theContinue Reading
Euro Gains on ECB Optimism, But Trade Uncertainty Looms
Key Takeaways: *Markets interpreted Lagarde’s remarks as signaling a potential end to rate reductions, bolstering the euro’s appeal. *Despite the currency’s initial strength, gains were limited by lingering uncertainty over U.S.-EU trade talks. Market Summary: The euro edged higher against major currencies after the European Central Bank (ECB) maintained interest rates at 2%, marking aContinue Reading
Wall Street Extends Rally on Dovish Fed Bets, Mega-Cap Earnings Boos
Key Takeaways: *Alphabet led the charge, rising over 1% on strong quarterly results. Other tech giants—including Microsoft, Nvidia, and Amazon—also advanced *Markets are increasingly pricing in a dovish pivot from the Federal Reserve, with a 25bps rate cut expected as early as September and as much as 100bps in cumulative easing by end-2025. Market Summary:Continue Reading
