About: pumarketings
Recent Posts by pumarketings
Sterling Depreciate After BoE Rate Cut, Eyes on NFP
Market Summary The Pound Sterling weakened following the Bank of England’s widely expected 25-basis-point rate cut yesterday, with GBP/JPY sliding to a two-month low. Market concerns over potential stagflation—characterized by high inflation and sluggish economic growth—further pressured Sterling. Meanwhile, the U.S. dollar faced resistance near the $108.00 mark after higher-than-expected Initial Jobless Claims data weighedContinue Reading
Will CPI Next Week Keep Fed On Course?
Wednesday, 12 February 2025, 15:30 – US CPI (YoY) (Jan) The U.S. Consumer Price Index (CPI) rose 2.9% year-over-year in December, in line with market expectation and up from 2.7% in November. The uptick in number was driven by higher energy and food prices. Gasoline surged 4.4% due to supply constraints, while food costs roseContinue Reading
Anticipated Market Impacts of President-Elect Donald Trump’s 2025 Inauguration and Policy Proposals
Executive Summary President-Elect Donald Trump, following his victory in the November 2024 U.S. presidential election, is set to assume office on January 20, 2025. His proposed policies, including increased tariffs on imports from Canada and Mexico, higher tariffs on imported aluminum and steel, and a favorable stance toward cryptocurrencies, are expected to significantly influence financialContinue Reading
