About: pumarketings
Recent Posts by pumarketings
Euro Extend Losses On Dovish ECB Remarks
Fundamental Analysis * Rate Cut Hints: The Euro continues its decline against the dollar, hitting fresh two-month lows due to comments from European Central Bank (ECB) officials and elevated U.S. Treasury yields. ECB member Mario Centeno struck a dovish tone, suggesting the possibility of either a 50 or 25 basis point rate cut depending onContinue Reading
Dollar Stays Strong as U.S. Election is Approaching
Market Summary Safe-haven gold continues to trade within a bullish trajectory as traders closely watch developments in the Middle East. With the U.S. presidential election looming, demand for gold has surged due to the uncertainty surrounding the event. Meanwhile, silver has exhibited extreme bullish momentum, rising nearly 7% last week and holding at its highestContinue Reading
Oil Slips As Demand Outlook Remains Weak
Fundamental Analysis * Demand Doldrums: Crude oil prices remain under pressure as ongoing concerns about weak demand continue to weigh on the market. The easing of geopolitical tensions, along with softer global demand, particularly from China has kept the outlook for oil prices tilted to the downside. While China’s government has rolled out a stimulusContinue Reading
