About: pumarketings
Recent Posts by pumarketings
Will CPI Spark a Shift? All Eyes on US Inflation Next Week!
Tuesday, 14 January 2025, 15:30 – US PPI (MoM) (Dec) The U.S. Producer Price Index (PPI) for November 2024, published on December 12, 2024, showed a 0.4% increase from the previous month, exceeding economists’ expectations of 0.2% and surpassing the 0.3% rise seen in October. While service prices saw a modest 0.2% increase, the sharpContinue Reading
Hawkish Fed Meeting Minutes Fuels Dollar’s Strength
Market Summary Yesterday’s market focus was dominated by U.S. economic indicators and the release of the Fed meeting minutes. The dollar experienced mixed movements, pressured by a weaker-than-expected U.S. ADP Nonfarm Employment Change but supported by better-than-expected Initial Jobless Claims data. The Fed minutes revealed a cautious stance, as members acknowledged the economy’s resilience andContinue Reading
Dollar Strengthen on Strong Economic Performance
Market Summary The U.S. 10-year Treasury yield continued its ascent, reaching a high of 4.65%—its strongest level since last April—and is expected to approach 5% as markets brace for Donald Trump’s inauguration this month. This has provided support for the dollar, which rebounded from its recent bearish trend. Positive U.S. economic data, including upbeat PMIContinue Reading
