About: pumarketings
Recent Posts by pumarketings
Dollar Jump on Trump’s Tariff Policy
Market Summary Markets reacted sharply to Donald Trump’s tariff announcement, with risk-off sentiment dominating the session. The U.S. president-elect confirmed that tariffs on Canada and Mexico will take effect on March 4, alongside an additional 10% levy on all Chinese imports. The U.S. dollar surged on the back of Trump’s protectionist stance, with the DollarContinue Reading
Will NFP Stir the Pot Next Week?
Monday, 3 March 2025, 17:00 – US ISM Manufacturing PMI (Feb) The latest US ISM Manufacturing PMI, released in February 2025, rose to 50.9 for January, marking the first expansion in 26 months. The expansion was driven by a surge in new orders, increased production and employment stabilization, as reported by the Institute for SupplyContinue Reading
Dollar Subdue Ahead of Tomorrow PCE
Market Summary The market had its attention on Nvidia’s earnings report, which was released after market close. The company’s optimistic forecast fueled a strong post-market rally in its share price, potentially setting the stage for a broader rebound in the U.S. equity market. Investors are now awaiting today’s U.S. GDP data, which could provide furtherContinue Reading
