About: pumarketings
Recent Posts by pumarketings
Euro Steady but Trade and ECB Risks Persist
Key Takeaways: *ECB remains cautious as inflation lingers and trade risks mount. *U.S. tariff deal caps damage, but sectoral strains persist. *EUR stays range-bound with downside risk if Fed stays hawkish. Market Summary: The euro remained range-bound near the $1.14–1.16 corridor as markets digested the broader implications of the EU’s new trade arrangement with theContinue Reading
Markets on Edge Ahead of NFP as Tariff Uncertainty Weighs
Key Takeaways: *The U.S. extended its tariff pause to August 1, but Canada’s 35% export tariff rattled markets, while Wall Street and crypto closed lower. *Investors await the Nonfarm Payrolls report, with strong expectations that could cement the Fed’s hawkish stance. *The dollar index rose above 100.00, and a robust NFP print could extend itsContinue Reading
Chart the Market (01/08/2025)
BTC, H4: Bitcoin has traded sideways in recent weeks, consolidating within a narrow range between $115,000 and $120,000. The world’s largest cryptocurrency had previously maintained a firm long-term uptrend, supported by a rising trendline that has now been decisively breached. The latest technical development shows BTC breaking below its multi-week uptrend support near the $117,650Continue Reading
