About: pumarketings
Recent Posts by pumarketings
Aussie falls as RBA cuts loom, trade fears mount
Key Takeaways:*AUD slips as RBA seen cutting rates amid weak data: Markets brace for a dovish shift as soft GDP and subdued inflation reinforce calls for easing, with traders pricing multiple cuts ahead. *Tariff threats and China ties weigh on Aussie outlook: Rising U.S. trade tensions rattle sentiment, with Australia’s reliance on Chinese exports amplifyingContinue Reading
Wall Street Extends Gains as Tax Cut Bill Lifts Sentiment, Tariff Risks Linger
Key Takeaways:*Major indices continued to rise, buoyed by optimism from the passage of the “Big and Beautiful” tax cut bill aimed at stimulating economic growth. *The White House signaled no new tariffs until August 1, granting extra time for negotiations—helping maintain risk appetite across markets. *While equities remain supported, geopolitical and trade risks could injectContinue Reading
Dollar Holds Steady Amid Holiday Calm; Tariff Uncertainty Looms
Key Takeaways: *The U.S. dollar traded steadily during the Independence Day holiday, supported by last week’s stronger-than-expected Nonfarm Payrolls (NFP) data. *The Trump administration’s ongoing trade talks with trading partners are in focus, with the risk of fresh tariffs from August 1 if no breakthroughs are achieved. *Gold prices eased amid tentative improvements in riskContinue Reading
