About: pumarketings
Recent Posts by pumarketings
Yen Strengthens as Risk Sentiment Sours Amid U.S. Credit Downgrade and Renewed Trade Tensions
Key Takeaways: *Moody’s downgrade of the U.S. credit rating stoked demand for safe-haven Yen. *The relationship between the U.S. and China deteriorated after the trade talks last week, pushing the safe-haven Yen to trade higher. Fundamental Analysis The Japanese Yen has advanced against its major peers in recent sessions, buoyed by a flight to safety asContinue Reading
Aussie Holds Firm Ahead of RBA Decision, Supported by Strong Jobs Data and China Stimulus Hopes
Key Takeaways: *The Aussie stood firm ahead of the RBA interest rate decision on Hawkish expectation. *China rate cutting help to bolster the Aussie dollar’s strength. Fundamental Analysis The Australian dollar remained resilient against its G7 peers in recent sessions, underpinned by robust domestic economic data. A stronger-than-expected employment report — featuring upbeat employment changeContinue Reading
Oil edges higher as Iran nuclear talks stall
Key Takeaways: *Iran nuclear talks hit a roadblock – Iran rejected U.S. demands to halt uranium enrichment, reducing the likelihood of a near-term deal that would ease sanctions and boost Iranian oil exports. *Supply concerns support prices – The stalled negotiations help keep 300,000–400,000 barrels/day of Iranian crude off the market, tightening global supply expectations.Continue Reading
