About: pumarketings
Recent Posts by pumarketings
Rate Rumble Next Week, Will the Market Tumble?
Monday,17 March 2025, 14:30 – US Core Retail Sales (MoM) (Feb) The U.S. Core Retail Sales MoM for January 2025, released on February 14, 2025, declined by 0.4%, missing the forecasted 0.3% growth and falling from a 0.7% increase in December 2024. The figure was driven by severe weather disruptions like frigid temperatures and wildfires,Continue Reading
U.S. CPI Come Soft, Buoys Wall Street
Market Summary The highly anticipated U.S. CPI data released yesterday came in weaker than expected, reinforcing expectations that the Federal Reserve could adopt a more dovish stance. The softer inflation print provided buoyancy to the equity market, with Wall Street snapping its losing streak—the S&P 500 and Nasdaq both closed higher. In contrast, the dollarContinue Reading
Euro Gains on Ukraine-Russia Ceasefire Deal
Market Summary The euro rallied to a four-month high against its peers as geopolitical developments in Eastern Europe drove market sentiment. Reports suggest Ukraine is prepared to accept a month-long ceasefire, while the U.S. plans to restore military aid and intelligence sharing following Kyiv’s acceptance of Washington’s proposal. The news boosted the euro as tradersContinue Reading
