Monthly Archives: November 2024
41654156156Gold Price Recovers Following Geopolitical Conflict
Written on November 18, 2024 at 2:11 am, by pumarketings
Fundamental Analysis * Surging Conflict: Gold prices have rebounded amid escalating geopolitical tensions in the Middle East and the ongoing Ukraine conflict, driving increased demand for safe-haven assets. On Sunday, November 17, Israeli airstrikes reportedly killed dozens in Gaza, according to local civil defense sources, and targeted a central district in Beirut. A Lebanese sourceContinue Reading
Upcoming Weekly Adjustment on Index Dividend Notice
Written on November 15, 2024 at 7:31 am, by glennsong
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. Please refer toContinue Reading
Initial Jobless Claims Fuels Dollar
Written on November 15, 2024 at 5:51 am, by pumarketings
Market Summary The spotlight was on the U.S. job data yesterday, with the dollar strengthening following the upbeat Initial Jobless Claims, which came in at their lowest level since May. This suggests a resilient job market, potentially leading to stickier inflation and increasing the likelihood of a more hawkish Fed stance in the upcoming monetaryContinue Reading
