Monthly Archives: September 2024
41654156156Gold Recovers Following Weak US Jobs Opening Data
Written on September 5, 2024 at 2:00 am, by pumarketings
Fundamental Analysis * Labor Market Slip: Gold prices have regained their footing following the release of U.S. Job Openings data, which revealed fewer openings than anticipated for July. According to the U.S. Bureau of Labor Statistics, the JOLTS Job Openings dropped to 7.673 million in July, down from a downwardly revised 7.91 million in June.Continue Reading
CFD Rollover Notice for September
Written on September 4, 2024 at 8:40 am, by alanzhu
Dear Valued Client, Please be advised that the following CFD instruments will be automatically rolled over as per the dates in the table below. As there can be a pricing difference between old and new futures contracts, we recommend clients to monitor their positions closely and manage positions accordingly. Expiration dates: Please note: The rolloverContinue Reading
Wall Street Plummet on Poor PMI Reading
Written on September 4, 2024 at 5:21 am, by pumarketings
Market Summary Wall Street experienced a significant single-day sell-off yesterday, with the Nasdaq leading the decline, dropping more than 3%. Nvidia, a key player in the AI sector, saw a massive $279 billion loss in market value as its share price plunged by 9.5%. This sell-off was fueled by a softening market optimism after theContinue Reading
