Monthly Archives: April 2024
41654156156Safe-Haven Surge Amid Rising Middle East Tensions
Written on April 15, 2024 at 4:14 am, by pumarketings
Market Summary Gold surged past $2400 per troy ounce, hitting record highs driven by geopolitical tensions and global uncertainty before retracing as technical indicators signalled overheating, prompting profit-taking. Despite this, gold saw a remarkable 20% surge since mid-February, catching investors off guard amid talks of Federal Reserve interest rate cuts. Geopolitical tensions escalated as IranContinue Reading
New Product Launch
Written on April 15, 2024 at 3:44 am, by jonywang
Dear Valued Client, We are pleased to announce that PU Prime will launch new products of Indices on 22nd April 2024 to provide clients with a broader portfolio of products. Please refer to the table below outlining the new instrument: *All dates are provided in GMT+3 (Server Time in MT4/MT5.) Please note that the aboveContinue Reading
Aussie Recovers, Mideast Risks May Limit Upside
Written on April 15, 2024 at 2:45 am, by pumarketings
Fundamental Analysis * Geopolitical Perils: AUD/USD sees a slight rebound from a two-month low reached on Friday, driven by profit taking among sellers while market focus on attention on escalating geopolitical tensions in the Middle East. Iran retaliated against Israel late Saturday with explosive drones and missiles following a suspected Israeli attack on its consulateContinue Reading
