Yearly Archives: 2024
41654156156USD/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
Oil Rally on Russia-Ukraine Heighten Tension

Written on November 19, 2024 at 5:34 am, by pumarketings
Market Summary Oil prices continued to rally amid escalating geopolitical tensions in Eastern Europe, as the U.S. greenlit Ukraine’s use of long-range missiles, intensifying regional strain. This geopolitical backdrop has spurred a safe-haven rally, with gold rising nearly 2% so far this week as the dollar softened. However, riskier assets have seen momentum pause. Bitcoin,Continue Reading