About: pumarketings
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Trade War Fears Weigh on Global Markets
Market Summary Global risk appetite remained weak as investors braced for Trump’s “reciprocal tariffs,” set to be unveiled at a press conference titled “Make America Wealthy Again” on Wednesday. The move has heightened fears of a widening trade war, with major economies like China, Canada, and the EU preparing retaliatory actions. Volatility surged across assetContinue Reading
Gold Soars to Record High as Trade War Fears Grow
Market Summary Gold surged to a record high as investors sought safety amid escalating trade war tensions. Trump’s latest remarks about expanding tariffs to all countries fueled market uncertainty, prompting a flight to safe-haven assets. Meanwhile, the US dollar remained under pressure as traders weighed the potential economic fallout from retaliatory tariffs, with inflationary risksContinue Reading
US NFP, Trump’s Tariffs Announcement; What’s the Potential Impact?
Key Highlights: With the week ahead, global traders should brace for several major catalysts that could shape market movements. The US Nonfarm Payrolls (NFP) and Unemployment Rate remain the top-tier highlights, providing critical insights into the US labor market and influencing Federal Reserve policy expectations. Apart from key economic data, Trump’s tariff announcement on 2ndContinue Reading
