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Monthly Archives: April 2024

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Dollar Surges on CPI Beat, Gold Pressured

Written on April 11, 2024 at 2:43 am, by

Market Summary The Dollar Index surged on the back of robust inflation data, surprising investors and challenging expectations of an imminent rate cut. US Consumer Price Index (CPI) figures outpaced forecasts for the fourth consecutive month, reaching 3.5% over the 12 months to March. This unexpected inflationary pressure prompted a reevaluation of market sentiments regardingContinue Reading

All Eye on the U.S. CPI

Written on April 10, 2024 at 3:50 am, by

Market Summary Market participants are keenly awaiting the U.S. Consumer Price Index (CPI) data set for release today, a crucial determinant of the Federal Reserve’s forthcoming monetary policy direction. In the lead-up, the Dollar Index (DXY) has experienced a downturn, struggling to stay above the critical 104.00 threshold. Concurrently, a decline in U.S. long-term treasuryContinue Reading

Bonds CFDs Symbol Change Notice

Written on April 10, 2024 at 1:39 am, by

Dear Valued Client, PU Prime will update the symbol of Bonds CFDs products effective from 15th April 2024. Kindly refer to the table below outlining the affected instruments: Please note the above data are subject to changes. Kindly refer to MT4/MT5 for details. Important Note: Live Account: For clients with open and pending positions forContinue Reading

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