About: pumarketings
Recent Posts by pumarketings
Oil Prices Surge on Geopolitical Sanctions, But Gains Face Fundamental Headwinds
Key Takeaways: *Brent crude surged above $60.00 after the U.S. imposed sweeping sanctions on Russia’s top oil producers, heightening geopolitical risk. *Coordinated efforts with European allies to pressure Moscow boosted market jitters and supported crude prices. *Russia’s export pivot to Asia and fading Middle East tensions, coupled with a deteriorating global demand outlook, limit furtherContinue Reading
Sterling Softens, Yen Sinks as Policy Divergences Widen Across Central Banks
Key Takeaways: *The Pound eased after cooler UK inflation data, though sticky wages kept the BoE cautious on early rate cuts. *Markets expect the BoE’s first rate cut by February 2026 as gilt yields track global declines. *The Yen stayed under pressure with Japan’s policymakers warning against “excessive moves.” Market Summary: The British Pound weakenedContinue Reading
Chart the Market (23/10/2025)
EURJPY, H4: The EURJPY pair has staged a convincing bullish reversal, successfully defending the critical support level represented by the recent price gap. The formation of a distinct higher-low price pattern at this level signaled a potential trend shift, which was subsequently confirmed by a decisive break above the short-term resistance line at 176.55. ThisContinue Reading
