Yearly Archives: 2024
41654156156CFD Rollover Notice for November
Written on November 7, 2024 at 1:51 am, by glennsong
Dear Valued Client, Please be advised that the following CFD instruments will be automatically rolled over as per the dates in the table below. As there can be a pricing difference between old and new futures contracts, we recommend clients to monitor their positions closely and manage positions accordingly. Expiration dates: Please note: The rolloverContinue Reading
Dollar Spur by Trump’s Leading Position in Election
Written on November 6, 2024 at 5:39 am, by pumarketings
Market Summary As vote counting for the U.S. election continues, Donald Trump is currently leading, which has spurred a “Trump trade” sentiment in financial markets. This momentum has caused the U.S. dollar to surge, with the Dollar Index jumping nearly 1%. Wall Street responded positively as well, with both major indices closing higher. Tesla sharesContinue Reading
Oil Price Soars Amid Storm Threat
Written on November 6, 2024 at 2:11 am, by pumarketings
Fundamental Analysis * Raging Rafael: Oil prices have soared, driven by anticipated supply disruptions in the U.S. as Tropical Storm Rafael heads toward the Gulf of Mexico. Forecasts indicate that Rafael may strengthen into a category 2 hurricane, possibly halting around 4 million barrels of U.S. oil output this week. Major energy firms have alreadyContinue Reading
