Monthly Archives: August 2024
41654156156Nasdaq Nears Key Psychological Level
Written on August 20, 2024 at 1:45 am, by pumarketings
Fundamental Analysis * Dropping Yields Support Equity: The US equity market remains resilient, with several analysts offering positive forecasts for its outlook. Bank of America analysts suggest that US equities are well-positioned to continue their upward trajectory, provided that economic growth remains stable. The potential for rate cuts from the Fed, coupled with stabilized andContinue Reading
Share CFDs Products Adjustment Notice
Written on August 19, 2024 at 5:51 am, by glennsong
Dear Valued Client, Please be advised that the leverage on all Share CFDs products will be adjusted starting from 26th August 2024 to further optimise the competitiveness and improve the trading environment. Please refer to the table below for US Shares CFDs adjustment: Please refer to the table below for EU/UK Shares CFDs adjustment: *AllContinue Reading
Gold Price Tops $2500 For the First Time
Written on August 19, 2024 at 5:43 am, by pumarketings
Market Summary Gold prices soared above the $2,500 mark for the first time, driven by expectations of potential interest rate cuts, which have weakened the dollar to its recent low levels. Market participants are now focused on Wednesday’s FOMC meeting minutes for insights into the Fed’s next monetary policy moves. Additionally, Federal Reserve Chair JeromeContinue Reading
