Monthly Archives: August 2024
41654156156Fed Rate Cut Calls, Would NFP Tilt The Odds?
Written on August 30, 2024 at 2:21 am, by pumarketings
Tuesday, 3 September 2024, 16:00 – US ISM Manufacturing PMI (Aug) The latest data for the U.S. ISM Manufacturing PMI, released on August 1, 2024, shows a decline to 46.8, down from 48.5 in June. This marks the sixth consecutive month of contraction (a reading below 50) and remains well below the historical average ofContinue Reading
Oil Steady Amid Middle East Supply Concerns

Written on August 30, 2024 at 2:07 am, by pumarketings
Fundamental Analysis * Supply Concerns: Oil prices remained stable in early Friday trading as investors balanced supply concerns in the Middle East with indications of weakened demand. Reports indicate that over half of Libya’s oil production, approximately 700,000 barrels per day (bpd), was offline on Thursday, with exports halted at several ports due to aContinue Reading
Upcoming Changes to Trading Hours
Written on August 29, 2024 at 8:03 am, by alanzhu
Dear Valued Client, Please be advised that the following instruments’ trading hours and market session times will be affected by the upcoming September holidays. Please refer to the table below outlining the affected instruments: * All hours are provided in GMT+3 (Server Time in MT4/MT5.) Note: In the event of reduced liquidity in the market,Continue Reading