About: pumarketings
Recent Posts by pumarketings
Pound weakens as BoE cuts rates in split decision; trade deal offers limited relief
Key Takeaways: *Pound under pressure after BoE rate cut: GBP weakens following a surprise 5–4 split vote at the BoE to lower interest rates by 25bps to 4.25%. *Limited relief from UK-U.S. trade deal: While the deal reduces some tariffs, its narrow scope keeps broader trade uncertainty intact. Market Summary: The pound continued to edgeContinue Reading
Bitcoin tops $100,000 as easing trade tensions lift risk appetite
Key Takeaways: *Bitcoin breaks $100,000: BTC/USD rallies sharply, driven by improved global risk sentiment. *Momentum supported by trade optimism: Easing U.S. trade tensions with the UK and positive signals ahead of China talks lift investor appetite for risk assets. Market Summary: Bitcoin surged past the key psychological threshold of $100,000 on Thursday, buoyed by aContinue Reading
Dollar Index Edges Higher Amid Hawkish Fed Stance, Trade Optimism
Key Takeaways: *Dollar supported by Fed-BoE policy divergence *Risk sentiment improves on trade progress Market Summary: The Dollar Index (DXY), which tracks the greenback against a basket of six major currencies, extended its rebound on Thursday, buoyed by a hawkish Federal Reserve and easing global trade tensions. The index gained after breaking above key resistanceContinue Reading
