About: pumarketings
Recent Posts by pumarketings
Gold Plunged As Trump Victory Boost Dollar
Fundamental Analysis * Trump Triumph: Gold prices have plunged following Donald Trump’s win in the 2024 presidential election, which has driven both the dollar and Treasury yields higher. Treasury yields surged on expectations that a second Trump administration may introduce policies, like tariffs, likely to spur inflation, potentially prompting the Fed to slow its rate-cuttingContinue Reading
Dollar Spur by Trump’s Leading Position in Election
Market Summary As vote counting for the U.S. election continues, Donald Trump is currently leading, which has spurred a “Trump trade” sentiment in financial markets. This momentum has caused the U.S. dollar to surge, with the Dollar Index jumping nearly 1%. Wall Street responded positively as well, with both major indices closing higher. Tesla sharesContinue Reading
Oil Price Soars Amid Storm Threat
Fundamental Analysis * Raging Rafael: Oil prices have soared, driven by anticipated supply disruptions in the U.S. as Tropical Storm Rafael heads toward the Gulf of Mexico. Forecasts indicate that Rafael may strengthen into a category 2 hurricane, possibly halting around 4 million barrels of U.S. oil output this week. Major energy firms have alreadyContinue Reading
