Monthly Archives: November 2024
41654156156Dollar and Wall Street Bullish on Trump Victory
Written on November 7, 2024 at 5:55 am, by pumarketings
Market Summary The market has responded decisively to the U.S. presidential election results from November 5, which confirmed Donald Trump’s re-election, fueling what’s now dubbed the “Trump trade.” The dollar index remains strong, hovering above the 105.00 level, marking its highest point since July. Wall Street also rallied sharply in the previous session, with theContinue Reading
Gold Plunged As Trump Victory Boost Dollar
Written on November 7, 2024 at 2:14 am, by pumarketings
Fundamental Analysis * Trump Triumph: Gold prices have plunged following Donald Trump’s win in the 2024 presidential election, which has driven both the dollar and Treasury yields higher. Treasury yields surged on expectations that a second Trump administration may introduce policies, like tariffs, likely to spur inflation, potentially prompting the Fed to slow its rate-cuttingContinue Reading
CFD Rollover Notice for November
Written on November 7, 2024 at 1:51 am, by glennsong
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
