About: pumarketings
Recent Posts by pumarketings
Oil Prices Stabilize as Trade Optimism Grows, Sanction Risks Loom
Key Takeaways: *Crude prices remained rangebound as fragile demand outweighed support from OPEC+’s plan to boost output by 548,000 bpd in September. *New agreements with the UK, EU, and Japan eased trade war fears and improved sentiment for global oil demand. *Trump’s threats of sanctions on India and renewed pressure on Russian exports revived supplyContinue Reading
Dollar Surges as Fed Holds Rates, Powell Dials Back Cut Expectations
Key Takeaways: *The Fed kept interest rates unchanged at 4.25%–4.50%, with Powell signaling it’s too early to discuss cuts, boosting the dollar. *Hawkish Fed guidance and reduced rate-cut bets lifted the dollar index by 1%, approaching a key psychological level. *Ongoing tariff negotiations—with South Korea pledging tariffs and U.S. investments—eased trade concerns and reinforced dollarContinue Reading
AUD Awaits CPI With RBA Cut on the Line
Key Takeaways: *AUD wavers as traders await CPI clarity and RBA direction, with inflation expected to ease but remain sticky enough to justify the central bank’s wait-and-see stance. *Global headwinds persist, including softer iron ore prices and renewed U.S. trade threats toward Asia, adding downside pressure on the Aussie. *AUD/USD vulnerable to dual catalysts, withContinue Reading
