About: pumarketings
Recent Posts by pumarketings
Copper Soars to Record High as Trump Proposes 50% Tariff on Imports
Key Takeaways:*President Trump proposed an additional 50% tariff on imported copper to boost domestic production, jolting financial markets. *The announcement sent copper prices soaring over 10% to $5.67/lb, an all-time high, as traders reacted to potential supply disruptions and increased costs. Market Summary: In a televised cabinet session yesterday, President Trump jolted markets once againContinue Reading
Dollar Strengthens on Fresh Tariff Measures as Markets Eye Trade Uncertainty
Key Takeaways:*The Dollar Index rose to 97.84, a two-week high, after President Trump unveiled a surprise 50% tariff on imported copper alongside broader tariff hikes targeting 14 nations *The move is viewed as an attempt to counterbalance fiscal concerns sparked by the recently passed “Big and Beautiful” tax cut bill, which had previously pressured theContinue Reading
Chart the Market (08/07/2025)
GBPJPY, H4: The GBP/JPY pair surged to a fresh high of 199.47 in the latest session, inching closer to the key psychological resistance at the 200.00 mark. The pair has extended its ascent from the April lows, consistently forming higher highs—underscoring a bullish bias. Momentum indicators reflect growing strength. The Relative Strength Index (RSI) hasContinue Reading
