About: pumarketings
Recent Posts by pumarketings
Oil Falls as OPEC+ Surprises With Output Hike
Key Takeaways:*Oil slips as OPEC+ lifts output above forecasts: Saudi-led hike shifts focus from price support to market share. *Demand concerns grow amid weak China data, U.S. builds: Rising inventories and soft imports raise consumption doubts. Market Summary: U.S. crude oil prices extended their decline this week, pressured by a sharper-than-expected production boost from OPEC+Continue Reading
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
