About: pumarketings
Recent Posts by pumarketings
Dollar Extend Gain ahead if PCE
Market Summary The U.S. PMI data came in stronger than expected in the last session, reinforcing the resilience of the U.S. economy. Notably, Atlanta Fed President Raphael Bostic signaled a more cautious stance on rate cuts, stating that he now foresees only one rate cut this year, citing the need to account for potential inflationaryContinue Reading
Gold Slides as Dollar Strengthens
Market Summary The U.S. financial market is bracing for heightened volatility as investors await key announcements from the Trump administration regarding trade policies, with any unexpected remarks from the President having the potential to shift market direction. Beyond trade uncertainties, market participants are also closely watching upcoming U.S. GDP and PCE data, which will provideContinue Reading
PCE Data On Deck, Market Rally or Rate Jitters Ahead?
Monday,24 March 2025, 15:45 – U.S S&P Global Manufacturing PMI (Mar) The latest US S&P Global Manufacturing PMI for February 2025 rose to 52.7, the highest since June 2022, reflecting manufacturing expansion driven by a surge in new orders and output. The data was largely due to manufacturers preemptively increasing purchases in anticipation of tariffsContinue Reading
