Monthly Archives: April 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 6:20 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
Gold Surges To Record Highs As Gloomy Outlook
Written on April 1, 2024 at 6:20 am, by
Market Summary The US Dollar faces challenges as key employment indicators present a mixed picture, with a disappointing unemployment rate and hourly earnings figures contrasting with a robust non-farm payroll report. The US Unemployment rate and Average Hourly Earnings came in at 3.90% and 0.10%, respectively, both worse than the expected 3.70% and 0.2%. However,Continue Reading
