About: pumarketings
Recent Posts by pumarketings
Euro Steadies as EU Delays Trade Retaliation
Key Takeaways: *EU Delays Response to Tariffs: Euro steadies as Brussels postpones retaliation, opting for diplomacy over escalation. *Growth Fragility Limits ECB: Stalled industrial output and weak GDP keep further easing on hold amid inflation risk. *Tariff Deadline Looms: EUR/USD holds 1.1665 support, with August 1 set to define trade path and sentiment. Market Summary:Continue Reading
Oil Rises as Sanctions Tighten Market Supply
Key Takeaways: *Geopolitical Risk Supports Prices: U.S. and EU sanctions on Russia tighten supply outlook, lifting oil despite added OPEC+ output. *Tariff Escalation Threatens Demand: Trump’s 30% duties on EU/Mexico stoke fears of slower travel and industrial activity, pressuring long-term demand. Market Summary: Crude oil prices continued to edge higher at the start of theContinue Reading
Bitcoin Hits Record High as ETF Inflows and Fed Bets Fuel Rally
Key Takeaways: *BTC extended gains in Asian trading, with market cap now near $3.73 trillion, driven by renewed risk appetite. *$1.18 billion flowed into spot BTC ETFs on July 10, the second-largest single-day inflow, led by BlackRock and Fidelity. *Markets now price in a possible July 31 rate cut, amid easing inflation and political pressureContinue Reading
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