About: pumarketings
Recent Posts by pumarketings
New Zealand Dollar Plunges to Six-Month Low After RBNZ Surprise 50bps Cut
Key Takeaways: *The central bank slashed its cash rate by 50 bps to 2.50%, double expectations, driving NZD/USD to a six-month low of 0.5738. *Policymakers cited sluggish consumer and business spending and projected economic contraction through mid-2025. *Dovish guidance and widening rate differentials signal sustained downside risk for the kiwi ahead of the November meeting.Continue Reading
Cryptocurrencies Experience Healthy Correction Amid Strong Macro Tailwinds
Key Takeaways: *Bitcoin fell 2.3% and Ethereum dropped 2.5%, wiping out about 2% of total market value and triggering over $1.5 billion in liquidations. *Despite the decline, analysts see the move as a normal consolidation within a broader bullish trend supported by ETF inflows and Fed rate cut expectations. *Bitcoin’s $120,000 and Ethereum’s $4,300 levelsContinue Reading
Oil Caught Between OPEC+ Discipline and Global Oversupply
Key Takeaways: *The group’s modest November production increase (+137k bpd) and Saudi Arabia’s unchanged OSP to Asia signal continued supply discipline aimed at preventing sharp price swings. *The WTO’s downgrade of trade growth to 0.5% for 2026 and muted consumption from China and Europe point to constrained demand growth. *Middle East instability and Ukrainian attacksContinue Reading
