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Monthly Archives: October 2024

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Geopolitical Tension Spurs Commodity Price

Written on October 2, 2024 at 5:58 am, by

Market Summary Middle East tensions took centre stage in the global financial markets during the last session as Iran fired missiles at Israel, with further retaliation expected, heightening geopolitical risks. This event fueled demand for safe-haven assets, leading gold to surge by over 1%, approaching its peak. Similarly, oil prices spiked by more than 3%,Continue Reading

USDCAD Fell On US Data, Fed Rate Cut Bets

Written on October 2, 2024 at 2:23 am, by

Fundamental Analysis * Weak Data: The Canadian dollar has strengthened against the U.S. dollar following the release of disappointing economic data from the U.S. The Institute for Supply Management (ISM) reported that the Manufacturing Purchasing Managers Index (PMI) for September was 47.2, unchanged from the previous month and below the market expectation of 47.5. ThisContinue Reading

PU Prime Partners with Lloyd’s Insurance to Safeguard Your Investments with Comprehensive Coverage

Written on October 1, 2024 at 9:20 am, by

Ebene, Mauritius – 1 October 2024 – PU Prime, a global leader in fintech and trading services, is thrilled to announce its strategic partnership with Lloyd’s Insurance, a globally renowned insurance provider. This collaboration offers PU Prime’s clients an additional layer of fund protection, ensuring greater security and peace of mind for their investments. AboutContinue Reading

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