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Monthly Archives: November 2024

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Investment Rationale: Impact of the 2024 U.S. Presidential Election on Forex and Gold

Written on November 1, 2024 at 8:24 am, by

Executive Summary The 2024 U.S. Presidential Election is a critical event with anticipated effects on forex and commodities markets, particularly for the U.S. dollar and gold. Each candidate’s economic policy direction—Donald Trump’s nationalistic trade stance and Kamala Harris’s focus on infrastructure and social programs—presents unique implications for these asset classes. As volatility rises, PU Prime’sContinue Reading

Upcoming Weekly Adjustment on Index Dividend Notice

Written on November 1, 2024 at 7:13 am, by

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

Dollar Pauses as Jobs Data Looms

Written on November 1, 2024 at 5:37 am, by

Market Summary Despite strong U.S. economic data, the U.S. dollar saw a slight retreat as investors await the upcoming U.S. election and Nonfarm Payrolls report. Resilient figures, including a stable Core PCE Price Index at 2.70% and reduced Initial Jobless Claims (216K), highlight steady U.S. economic strength, which may influence future dollar trends. The EuroContinue Reading

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