Monthly Archives: May 2025
Dollar Slumps Amid Weak U.S. Data
Written on May 16, 2025 at 3:41 am, by pumarketings
Key Takeaways: *Disappointing U.S. Data: Core Retail Sales and PPI both missed expectations, reinforcing concerns of economic slowdown following prolonged trade tensions. *Inflation Remains Muted: CPI and inflation figures continue to underperform forecasts, easing concerns over supply-driven price shocks. *Fed Policy Uncertainty: Jerome Powell reiterated a data-dependent approach, signaling no clear rate path amid conflictingContinue Reading
Chart the Market (15/05/2025)
Written on May 15, 2025 at 5:49 am, by pumarketings
ETH, H4: Ethereum (ETH) extended its rally in the previous session, reaching its highest level since March before encountering resistance near the $2,755 mark—a pivotal level that previously acted as a key inflection point. Failure to decisively break above this zone may trigger a technical retracement. Momentum indicators are flashing early signs of a potentialContinue Reading
Oil Drops as High EIA Reports and Iran Deal Prospects
Written on May 15, 2025 at 5:45 am, by pumarketings
Key Takeaways: *U.S. crude inventories surged, raising oversupply concerns. *Iran nuclear deal talks could add more oil to global markets. *Bearish outlook persists without stronger demand or new risks. Market Summary: Crude oil markets came under pressure following a combination of negative fundamental data and geopolitical developments. The U.S. Energy Information Administration (EIA) reported aContinue Reading
