Monthly Archives: October 2024
41654156156Oil Prices Bolster by Heighten Geopolitical Tension

Written on October 8, 2024 at 5:31 am, by pumarketings
Market Summary Oil prices surged by nearly 4% in the last session, reaching a near two-month high as the confrontation between Israel and Iran-backed militaries escalated, sparking concerns over potential supply disruptions in the region, which accounts for a significant portion of global crude production. In contrast, gold prices remained stable, hovering above the $2,640Continue Reading
Aussie Slips Following RBA Meeting Minutes, Strong Dollar
Written on October 8, 2024 at 1:51 am, by pumarketings
Fundamental Analysis * Cautious Approach: The Australian dollar continues to weaken against the U.S. dollar as markets digest the RBA’s September meeting minutes, which reveal a cautious stance. The Reserve Bank of Australia’s board discussed potential future interest rate cuts and hikes but concluded that the current cash rate remains the best option to balanceContinue Reading
Share CFDs Products Adjustment Notice
Written on October 8, 2024 at 1:45 am, by sallychang
Dear Valued Client, Please be advised that the leverage on all US Share CFDs products will be adjusted from 14 October 2024 to further optimise the competitiveness and improve the trading environment. Please refer to the table below for adjustment: Additionally, the leverage for new positions opened to all shares CFDs during 30 minutes beforeContinue Reading