About: pumarketings
Recent Posts by pumarketings
Wall Street Extends Gains as AI Momentum and Fed Minutes Boost Sentiment
Key Takeaways: *Nasdaq rose nearly 200 points, driven by a sharp rally in Nvidia. *Fed minutes showed some officials open to a rate cut as early as July. *Market sentiment improved after Trump signaled positive progress in trade talks with the EU. Market Summary: U.S. equity markets extended their rally in the last session, withContinue Reading
Fed Minutes Reveal Divided Outlook on Rate Cuts
Key Takeaways: *Fed Split on Policy Path: June minutes showed a divide—some members cited inflation risks, others flagged weak labor data. No clear rate cut signal yet. *DXY Pulls Back: The Dollar Index eased after the minutes, lacking strong policy direction. *Debt Concerns Grow: Trump’s multi-trillion-dollar tax bill raises long-term fiscal worries. CBO sees U.S.Continue Reading
Chart the Market (09/07/2025)
XAUUSD, H4: Gold prices slipped below the 61.8% Fibonacci retracement level at $3,290.00, raising concerns over a potential break in the metal’s bullish structure. The move suggests that if gold fails to find support above the prevailing downtrend line, further downside could materialize, reinforcing a bearish outlook. Momentum indicators are also aligning with the negativeContinue Reading
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