About: pumarketings
Recent Posts by pumarketings
AUD/USD Gains on Strong Jobs Data, Dollar Weakness, and Trade War Relief
Key Takeaways: *Australia’s July Employment Change: +24.5K vs. +25K expected (June revised from +2K to +1K). *Unemployment Rate fell to 4.2% from 4.3%, matching expectations. *RBA cuts rates by 25 bps to 3.60%; Governor Bullock emphasizes a meeting-by-meeting approach. *US delays tariffs on China by 90 days, easing trade war concerns. Market Summary: The AustralianContinue Reading
Bitcoin Breaks Record, Testing Key Fibonacci Levels as Institutional Inflows Surge
Key Takeaways: *Bitcoin broke above its previous record, trading over $124,000. *Renewed rate cut expectations from central banks boosting crypto demand. *Weak US CPI and Nonfarm Payrolls strengthen Fed easing outlook. Market Summary: Bitcoin continued its record-breaking rally, surpassing $124,000 and testing fresh highs. This bullish momentum is being fueled by a favorable macroeconomic backdrop,Continue Reading
Dollar Slumps as Soft Data Fuels Fed Rate-Cut Bets
Key Takeaways: *USD index drops below 98.00 after weak NFP, softer CPI, and Trump’s dismissal of the BLS chief fuel rate-cut bets. *U.S. Treasury yields tumble over 1% across maturities, signaling a dovish shift in Fed expectations. *Dow gains 460+ points as lower yields lift market sentiment ahead of Friday’s retail sales data. Market Summary:Continue Reading
