Yearly Archives: 2024
Trading Schedule Changes for AU Daylight Saving
Written on April 3, 2024 at 2:19 am, by
Dear Valued Client, Please note that in observance of the upcoming AU Daylight Saving Time on 7 April 2024, there will be changes to PU Prime’s trading schedule starting from 8 April 2024. Kindly refer to the table below for the schedule of all the instruments that are subject to changes: *All hours are providedContinue Reading
Financial Market Stall Ahead Of CPI
Written on April 1, 2024 at 6:21 am, by
Market Summary The U.S. financial markets remained relatively calm in anticipation of the forthcoming Consumer Price Index (CPI) reading, slated for release later today. This inflation data is seen as a critical determinant for market speculation on the timing of potential monetary policy moves by the U.S. Federal Reserve. Concurrently, expectations of the Bank ofContinue Reading
Dovish Powell’s Testimony Hammers Dollar
Written on April 1, 2024 at 6:00 am, by
* The dollar index traded to its one-month low after a Dovish Testimony by Jerome Powell. * The soft dollar has pushed the gold to break its all-time high levels with strong bullish momentum in sight. * BTC rebounded and is back to $67000 territory. Market Summary The Powell testimony that began yesterday brought anContinue Reading
