Yearly Archives: 2024
41654156156GBPUSD Slips On Renewed US Dollar Demand

Written on October 3, 2024 at 2:06 am, by pumarketings
Fundamental Analysis * Flight To Safety: The GBPUSD pair continues its decline in early Asian trading as the US Dollar (USD) strengthens, driven by increased safe-haven demand amid escalating conflict in the Middle East. On Tuesday evening, Iran launched approximately 200 missiles, including ballistic ones, targeting the Israeli capital, Tel Aviv, in retaliation for theContinue Reading
CFD Rollover Notice for October
Written on October 3, 2024 at 1:05 am, by alanzhu
Dear Valued Client, Please be advised that the following CFD instruments will be automatically rolled over as per the dates in the table below. As there can be a pricing difference between old and new futures contracts, we recommend clients to monitor their positions closely and manage positions accordingly. Expiration dates: Please note: The rolloverContinue Reading
Geopolitical Tension Spurs Commodity Price

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