About: pumarketings
Recent Posts by pumarketings
Markets Steady as Bitcoin Hits $90K, Gold Rebounds
Market Summary Bitcoin surged past $90,000, with a 30% rally since the U.S. election and the crypto market cap exceeding $3 trillion. However, momentum has slowed as investors digest earlier gains. Meanwhile, gold prices rebounded on renewed safe-haven demand driven by trade and political uncertainties, providing support despite pressure from higher Treasury yields. The DollarContinue Reading
Gold Price Recovers Following Geopolitical Conflict
Fundamental Analysis * Surging Conflict: Gold prices have rebounded amid escalating geopolitical tensions in the Middle East and the ongoing Ukraine conflict, driving increased demand for safe-haven assets. On Sunday, November 17, Israeli airstrikes reportedly killed dozens in Gaza, according to local civil defense sources, and targeted a central district in Beirut. A Lebanese sourceContinue Reading
Initial Jobless Claims Fuels Dollar
Market Summary The spotlight was on the U.S. job data yesterday, with the dollar strengthening following the upbeat Initial Jobless Claims, which came in at their lowest level since May. This suggests a resilient job market, potentially leading to stickier inflation and increasing the likelihood of a more hawkish Fed stance in the upcoming monetaryContinue Reading
