About: pumarketings
Recent Posts by pumarketings
Kiwi Slips Ahead of RBNZ Rate Decision as Markets Eye Chinese CPI
Key Takeaways:*The New Zealand dollar softened as markets brace for the RBNZ policy meeting, with most economists expecting rates to remain on hold at 3.25%. *Tomorrow’s China CPI release could influence the NZD, with signs of Chinese economic recovery potentially offering near-term support for the currency. Market Summary: The New Zealand dollar softened in theContinue Reading
Global Markets Rattled as U.S. Tariff Threats Escalate, Dollar Heads Lower
Key Takeaways:*The White House announced sweeping tariff increases on a broad range of countries—Japan, South Korea (25%), Indonesia (32%), Thailand (36%), and others—reviving concerns over escalating global trade tensions. *The Dow Jones tumbled over 400 points while the U.S. dollar softened, as risk sentiment soured on fears of retaliatory actions and geopolitical uncertainty. Financial marketsContinue Reading
Euro Resilient as Dollar Wobbles, Data Mixed
Key Takeaways:*EUR supported by German rebound and policy tailwinds: Stronger-than-expected German industrial output (+1.2% MoM) offers hope for a cyclical recovery, underpinning euro strength. *Dollar weakness and reserve status boost sentiment: ECB officials cite the euro’s growing global role amid concerns over U.S. fiscal health, Fed credibility, and rising dollar skepticism. *Risks linger as retailContinue Reading
