About: pumarketings
Recent Posts by pumarketings
Markets Gain on Positive U.S.-China Trade Developments; CPI in Focus
Key Takeaways: *Japan’s GDP beats expectations, fueling optimism over economic recover *Rising inflation increases speculation of further BOJ tightening. *BOJ may slow bond purchases as part of tightening strategy Market Summary: Global Risk Sentiment Improves on Constructive Trade TalksFinancial markets advanced as investors welcomed encouraging progress in the U.S.-China trade negotiations held in London. BothContinue Reading
Crude Oil Struggles for Direction as Demand Doubts Offset Trade Optimism
Key Takeaways: *WTI’s rally remains fragile as soft Chinese demand signals and rising U.S. fuel inventories clash with optimism over U.S.–China trade talks. *OPEC+ production discipline is eroding, with underperformance in May expected to shift toward more aggressive supply increases by late summer. Market Summary: WTI crude prices eked out modest gains this week, liftedContinue Reading
Bitcoin Breaks Above $106,500 on False Catalyst, Faces Key Test Amid Weak Fundamentals
Key Takeaways: *BTC reacts to false Paraguayan President X’s post on BTC approval as the country’s legal tender. *BTC was buoyed by improved sentiment surrounding the progress of trade talks between China and the U.S. Market Summary: Bitcoin staged a decisive breakout in the last session, surging past the critical $106,500 resistance level that hadContinue Reading
