Monthly Archives: February 2025
41654156156Dollar Subdue Ahead of Tomorrow PCE
Written on February 27, 2025 at 5:35 am, by pumarketings
Market Summary The market had its attention on Nvidia’s earnings report, which was released after market close. The company’s optimistic forecast fueled a strong post-market rally in its share price, potentially setting the stage for a broader rebound in the U.S. equity market. Investors are now awaiting today’s U.S. GDP data, which could provide furtherContinue Reading
Gold Slips Amid Expectations of Easing Geopolitical Tensions
Written on February 27, 2025 at 2:26 am, by pumarketings
Fundamental Analysis * Bullion Dip: Gold prices have declined against the dollar as geopolitical tensions eased following a surprising move by the U.S. to side with Russia in a UN vote. Marking the anniversary of Russia’s invasion, Ukraine introduced a resolution—backed by most Western nations—that explicitly labeled Russia as the aggressor. However, Washington joined Moscow,Continue Reading
U.S. Treasury Surge and Hammers Dollar
Written on February 26, 2025 at 5:45 am, by pumarketings
Market Summary The U.S. dollar remains under pressure as long-term Treasury yields continue to slide, with the 10-year yield dipping below 4.3%, its lowest level of the year. This decline has weakened the greenback’s appeal, making it more vulnerable in the broader financial market. At the same time, uncertainty surrounding President Trump’s latest trade policiesContinue Reading
