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Monthly Archives: November 2024

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PU Prime Celebrates Dual Wins at the Financial Trends Forum 2025

Written on November 26, 2024 at 2:56 am, by

Taichung, Taiwan – 23 November 2024 – PU Prime, a leading global fintech company specialising in trading and investment services, has added another milestone to its distinguished track record by clinching two prestigious awards at the 2025 Financial Trends Forum held in Taiwan. Organized by Business Today and FX GOLD, the event recognized industry excellenceContinue Reading

Hang Seng Index Slides Amid Tariff Concerns

Written on November 26, 2024 at 1:46 am, by

Fundamental Analysis * Tariff Impositions Weigh on Stock Prospects: President-elect Donald Trump’s announcement of potential tariffs on Chinese imports could significantly impact China’s economic progression and Chinese-related stocks. This sentiment has further diminished market risk appetite, triggering a selloff in the Hang Seng Index. Trump’s plan to impose an additional 10% tariff on all ChineseContinue Reading

Dollar Plummet on Trump’s Treasury Secretary Speculation

Written on November 25, 2024 at 4:06 am, by

Market Summary The U.S. Dollar faced a sell-off during the Asian session as market sentiment shifted with speculation around Donald Trump’s potential Cabinet appointments. Reports suggest Scott Bessent may be considered for Treasury Secretary, a move viewed as bond-market friendly, leading to lower Treasury yields and pressuring the dollar. Despite this, the dollar’s fundamental strengthContinue Reading

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