Monthly Archives: November 2024
41654156156Gold Gain on Russia-Ukraine Tension
Written on November 20, 2024 at 5:21 am, by pumarketings
Market Summary Gold extended its rally for a third consecutive session this week, gaining nearly 3% since Monday as the intensifying conflict between Russia and Ukraine drove safe-haven demand. Tensions escalated after Ukraine deployed U.S.-supplied missiles, prompting Russian President Putin to approve the use of nuclear deterrents in response. Oil prices, meanwhile, remain at elevatedContinue Reading
USD/JPY Rose Following BoJ Rate Hike Uncertainty
Written on November 20, 2024 at 2:08 am, by pumarketings
Fundamental Analysis * BoJ Uncertainty: The Japanese Yen (JPY) gave up a significant portion of its earlier gains and weakened against the US Dollar due to uncertainty surrounding the timing of the Bank of Japan’s (BoJ) next rate hike. BoJ Governor Kazuo Ueda recently stated that the economy is moving towards sustained inflation driven byContinue Reading
Share CFDs Products Adjustment Notice
Written on November 19, 2024 at 6:44 am, by alanzhu
Dear Valued Client, Please be advised that the leverage on all Share CFDs products will be adjusted starting from 25th November 2024 to further optimise the competitiveness and improve the trading environment. Please refer to the table below for US Shares CFDs adjustment: Please refer to the table below for EU/UK Shares CFDs adjustment: *AllContinue Reading