Monthly Archives: October 2024
41654156156Dollar Stays Strong as U.S. Election is Approaching
Written on October 22, 2024 at 5:01 am, by pumarketings
Market Summary Safe-haven gold continues to trade within a bullish trajectory as traders closely watch developments in the Middle East. With the U.S. presidential election looming, demand for gold has surged due to the uncertainty surrounding the event. Meanwhile, silver has exhibited extreme bullish momentum, rising nearly 7% last week and holding at its highestContinue Reading
Oil Slips As Demand Outlook Remains Weak
Written on October 22, 2024 at 2:09 am, by pumarketings
Fundamental Analysis * Demand Doldrums: Crude oil prices remain under pressure as ongoing concerns about weak demand continue to weigh on the market. The easing of geopolitical tensions, along with softer global demand, particularly from China has kept the outlook for oil prices tilted to the downside. While China’s government has rolled out a stimulusContinue Reading
Trading Hours Schedule Changes for EU/UK Daylight Saving
Written on October 21, 2024 at 7:45 am, by alanzhu
Dear Valued Client, Please note that in observance of the upcoming end of EU/UK Daylight Saving Time on 27 October 2024, there will be changes to PU Prime’s trading schedule starting from 28 October 2024. Kindly refer to the table below outlining the affected instruments: *All hours are provided in GMT+3 (MT4/MT5 Server Time). PleaseContinue Reading
