Monthly Archives: August 2026

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Oil Extends Losses as Hormuz Shipping Deal and Rising U.S. Inventories Ease Supply Fears 

Written on August 6, 2026 at 1:45 am, by

Key Takeaways: *Crude oil prices continue to fall as confidence improves toward a potential U.S.–Iran ceasefire deal *Iran and Oman reportedly reach an understanding on a shipping route through the Strait of Hormuz *Markets expect increased Middle East energy flows if shipping activity normalises *Higher-than-expected U.S. crude inventories add further downside pressure on oil pricesContinue Reading

Wall Street Hits Record Highs as AI Momentum Returns and Oil Risks Ease

Written on August 5, 2026 at 10:11 am, by

Key Takeaways: *S&P 500 and Dow Jones break above record highs for the first time since early June *Easing U.S.–Iran tensions push oil prices and Treasury yields lower, supporting risk sentiment *AI-linked stocks rebound after better-than-expected earnings from major technology names *Investors focus on upcoming SpaceX and AMD earnings for the next market catalyst MarketContinue Reading

MT5 New Product Launch

Written on August 5, 2026 at 5:49 am, by

Dear Valued Client, We are pleased to announce that PU Prime will launch 45 new 24/7 US Stocks on MT5 server starting from 13th August 2026, to provide clients with a broader portfolio of products. Please refer to the table below outlining the new instrument: *All date and time are provided in GMT+3 (Server TimeContinue Reading

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