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Monthly Archives: March 2024

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Trading Schedule Changes for US Daylight Saving

Written on March 5, 2024 at 7:20 am, by

Dear Valued Client, Please note that in observance of the upcoming US Daylight Saving Time on 10 March 2024, MT4/MT5 system time zone will be switched from GMT+2 to GMT+3, there will be changes to PU Prime’s trading schedule starting from 10 March 2024. Except from the server time changes in MT4/MT5 system, kindly referContinue Reading

Trade Of The Day: Oil Price Fell On Weak Demand Concerns

Written on March 5, 2024 at 6:10 am, by

Fundamental Analysis Technical Analysis Get more information on how you can analyse signals using chart patterns and technical analysis. Potential Risks As various factors such as demand concerns, OPEC cuts and Middle East, traders remain cautious and reluctant to place aggressive bets on the commodity while continue eying on further developments.  Read some of the riskContinue Reading

Poor PMI Reading Weigh On Dollar’s Strength

Written on March 4, 2024 at 8:47 am, by

* Poor ISM PMI readings put pressure on dollar strength. * Traders’ eyes on Tokyo Core CPI due tomorrow to gauge the Yen’s strength.  * OPEC+ will extend oil supply cuts to the second quarter of 2024 to avert a global surplus.   Market Summary Last week’s release of ISM PMI readings, which fell short ofContinue Reading

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