Monthly Archives: April 2025
Eyes on Today’s PCE
Written on April 30, 2025 at 6:00 am, by pumarketings
Market Summary Global financial markets remained subdued at the start of the week as investors await pivotal inflation data from the U.S. The dollar index hovered near the 99.00 level, reflecting muted sentiment, while Wall Street’s major benchmarks posted modest gains of less than 1%, signaling a loss of upward momentum. Market focus now shiftsContinue Reading
Dollar Wobbles as Wall Street Eyes ‘Magnificent Seven’ Reports
Written on April 29, 2025 at 5:43 am, by pumarketings
Market Summary Volatility is set to rise this week as investors brace for earnings reports from the “Magnificent Seven” tech giants, with Apple, Microsoft, Amazon, and Meta Platforms scheduled to report in the coming days. Markets consolidated ahead of the releases, with sentiment cautious but resilient, as traders positioned for potential sharp moves across equitiesContinue Reading
Chart the Market (29/04/25)
Written on April 29, 2025 at 1:56 am, by pumarketings
Crude Oil Oil prices have staged a mild rebound following the heavy sell-off earlier in April, but the recovery remains fragile. Prices failed to breach the 0.618 Fibonacci retracement level, a key resistance zone, and have since formed a head-and-shoulders pattern, typically a bearish reversal signal, reinforcing the view that oil remains locked in aContinue Reading
