Monthly Archives: February 2025
Dollar Subdue Ahead of Tomorrow PCE
Written on February 27, 2025 at 5:35 am, by pumarketings
Market Summary The market had its attention on Nvidia’s earnings report, which was released after market close. The company’s optimistic forecast fueled a strong post-market rally in its share price, potentially setting the stage for a broader rebound in the U.S. equity market. Investors are now awaiting today’s U.S. GDP data, which could provide furtherContinue Reading
U.S. Treasury Surge and Hammers Dollar
Written on February 26, 2025 at 5:45 am, by pumarketings
Market Summary The U.S. dollar remains under pressure as long-term Treasury yields continue to slide, with the 10-year yield dipping below 4.3%, its lowest level of the year. This decline has weakened the greenback’s appeal, making it more vulnerable in the broader financial market. At the same time, uncertainty surrounding President Trump’s latest trade policiesContinue Reading
Gold Strong Amid Uncertainty
Written on February 25, 2025 at 5:12 am, by pumarketings
Market Summary As broader financial markets, including forex and equities, remained subdued, safe-haven assets emerged as the preferred choice for investors. Gold prices surged to fresh all-time highs in the previous session, reflecting growing risk aversion amid geopolitical and economic uncertainties. Meanwhile, crude oil prices found strong support above the $70 per barrel mark, buoyedContinue Reading
