Monthly Archives: November 2024
41654156156Crude Oil Prices Climb Amid Escalating Ukraine Conflict
Written on November 25, 2024 at 2:10 am, by pumarketings
Fundamental Analysis * Surging Conflict: Crude oil prices, traded in dollars, surged to a two-week high as the escalating war in Ukraine heightened the market’s geopolitical risk premium. The conflict intensified after Britain and the U.S. authorized Kyiv to carry out deeper strikes into Russian territory using their missiles. In response, President Vladimir Putin announcedContinue Reading
Upcoming Weekly Adjustment on Index Dividend Notice
Written on November 22, 2024 at 7:47 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
Dollar Strengthen on Robust Job Data
Written on November 22, 2024 at 5:50 am, by pumarketings
Market Summary The dollar regained strength after a brief technical correction, with the Dollar Index (DXY) rising above the 107 mark, bolstered by strong U.S. job data. Initial Jobless Claims came in below market expectations, signalling a resilient labour market and potentially paving the way for a more hawkish Fed stance. The Japanese yen alsoContinue Reading
