Monthly Archives: July 2025
41654156156Pound Holds Ground Amid Fiscal and Data Watch
Written on July 10, 2025 at 3:14 am, by pumarketings
Key Takeaways: *Sterling steadied, supported by the resilient banking sector and BoE’s decision to hold the countercyclical capital buffer at 2%. *UK fiscal worries grow, with Reeves’ £4.8B welfare plan fueling gilt selloff and lifting 10-year yields to 4.63%. *GBP awaits GDP data for direction, as signs of recovery could reinforce BoE’s cautious stance, whileContinue Reading
JPY Rises on Fiscal Jitters and Trade Tensions
Written on July 10, 2025 at 2:59 am, by pumarketings
Key Takeaways: *USD/JPY weakens as JGB yields surge, with the 20-year yield hitting a 25-year high, narrowing the yield gap with U.S. Treasuries and supporting the yen. *Rising fiscal concerns ahead of Japan’s July 20 election are ironically driving safe-haven flows into JPY, as investors brace for increased volatility and budget uncertainty. *Trump’s tariff threatContinue Reading
Wall Street Extends Gains as AI Momentum and Fed Minutes Boost Sentiment
Written on July 10, 2025 at 2:52 am, by pumarketings
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
