Monthly Archives: November 2024
41654156156Dollar Stable Despite Quiet Week, PCE May Boost It Further
Written on November 22, 2024 at 2:44 am, by pumarketings
Tuesday, 26 November 2024, 17:00 – US CB Consumer Confidence The latest U.S. CB Consumer Confidence Index for showed a strong improvement to 108.7, surpassing both the forecast of 99.5 and the previous month’s 99.2. This rebound indicates heightened optimism among U.S. consumers about current and future economic conditions. Key drivers included robust job marketContinue Reading
Server Upgrade Notice
Written on November 22, 2024 at 2:27 am, by alanzhu
Dear Valued Client, PU Prime will be upgrading its MT4/MT5 servers starting from 23 November 2024 00:00 hrs. (GMT+2) until 23 November 2024 03:00 hrs. (GMT+2). Access to MT4/MT5 accounts will still be available during the server upgrading period. However. all orders of the affected products will not be executed during the server upgrading period.Continue Reading
Gold Extends its Gain as Geopolitical Tension Heighten
Written on November 21, 2024 at 5:21 am, by pumarketings
Market Summary The financial market’s focus remains locked on escalating tensions in Eastern Europe after Ukraine launched long-range British missiles into Russian territory, significantly heightening geopolitical risks. This development has intensified demand for safe-haven assets, with gold rallying over 3% since the start of the week. Analysts expect the bullish momentum in gold prices toContinue Reading