Monthly Archives: June 2025
41654156156UK Jobless Claims Jump | CPI & Oil Outlook Ahead

Written on June 11, 2025 at 7:24 am, by pumarketings
Chart the Market (11/06/2025)

Written on June 11, 2025 at 7:15 am, by pumarketings
XAUUSD, H4: Gold prices remain supported above their long-term uptrend line established since last December, reinforcing the broader bullish structure despite recent corrective moves. After forming a series of lower highs following its all-time peak at $3,499.97, gold has found renewed support near the $3,300.00 level and has broken out of its short-term bearish pattern—suggestingContinue Reading
Sterling Slips as UK Labour Market Softens

Written on June 11, 2025 at 6:04 am, by pumarketings
Key Takeaways: *The UK labour market is weakening, with rising unemployment and slower wage growth reinforcing dovish BoE expectations. *Markets now fully price in two BoE rate cuts by year-end, as fiscal headwinds and soft growth weigh on sentiment. *Sterling remains under pressure as resilient U.S. data and eurozone outperformance highlight GBP’s relative weakness. MarketContinue Reading

