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Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
The Santa Claus rally stands as a captivating seasonal phenomenon within the stock market, and draws the attention of seasoned stock traders and investors alike as the year draws to a close. Understanding the intricacies and implications of the Santa Claus rally is paramount for stock traders seeking to capitalise on these …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&&” which show in the balance after the close of the day before the dividend payment date. Please refer …
Dear Valued Client, Please be advised that the leverage on all US Share CFDs products will be adjusted starting from 4th December 2023 to further optimise the competitiveness and improve the trading environment. Please refer to the table below for adjustment: *All dates and times are provided in GMT+2 (Server Time in …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
The Week Ahead: Week of 20 Nov (GMT+2) Tuesday, 21 Nov, 17:00 – US Existing Home Sales (Oct) US existing home sales fell to a seasonally adjusted annual rate of 3.96 million. Economists suggest that, as seen throughout the year, constrained inventory and reduced housing affordability are ongoing challenges for home sales. …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
The Week Ahead: Week of 6 Nov (GMT+3) Tuesday, 7 Nov, 06:30 – AU RBA Interest Rate Decision (Nov) There is a growing likelihood and concerns that the RBA will opt for another interest rate hike in the upcoming decision. This expectation is fueled by the resurgence of house prices, nearing previous …
In a highly anticipated move, the Federal Reserve opted for a pause in its interest rate trajectory, aligning with market predictions. In a highly anticipated move, the Federal Reserve opted for a pause in its interest rate trajectory, aligning with market predictions. Federal Reserve Chair Jerome Powell, while announcing the decision, left …
Gold prices retreated from the crucial $2000 level, pivoting attention from Middle East tensions to upcoming central bank decisions. Amidst shifting global dynamics, gold prices retreated from the crucial $2000 level, pivoting attention from Middle East tensions to upcoming central bank decisions, particularly those of the Federal Reserve and the Bank of …
Dear Valued Client, Please note that in observance of the upcoming Daylight Saving Time in US, there will be changes to PU Prime’s trading schedule from 6th November 2023. Kindly refer to the table below outlining the affected instruments: *All hours are provided in GMT+2 (Server Time in MT4/MT5.) Please note the …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
The Week Ahead: Week of 30 October (GMT+3) Wednesday, 1 November, 21:00 – US Fed Interest Rate Decision (Oct) The markets are currently anticipating that the Federal Reserve will maintain its current interest rates next week. This aligns with recent dovish statements made by Fed officials and the generally favourable economic data. …
In the dynamic world of financial markets, a contrarian trading strategy could provide an intriguing approach for traders and investors. Contrarian traders challenge the prevailing market sentiment and seek trading opportunities when others are pessimistic or overly optimistic. By going against the crowd, these savvy investors aim to profit from market reversals. …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the minimum lot size of the following instruments will be adjusted starting from 23rd October 2023 to further optimise the competitiveness and improve the trading environment. Please refer to the table below for adjustment: Note: • Please close positions smaller than 1 lot before the market …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
The Week Ahead: Week of 16 October (GMT+3) Tuesday, 17 October, 15:30 – US Retail Sales (MoM) (Sep) In August, U.S. retail sales surpassed expectations due to a surge in gasoline prices, which boosted service station receipts. The rising gas prices are impacting the economy and could dampen shoppers’ momentum as holiday …
Dear Valued Client, Please be advised that the leverage on all US Share CFDs products will be adjusted starting from 16th October 2023 to further optimise the competitiveness and improve the trading environment. Please refer to the table below for adjustment: *All dates are provided in GMT+3 (Server Time in MT4/MT5.) If …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
The Week Ahead: Week of 3 October (GMT+3) Tuesday, 3 October, 06:30 – AUD RBA Interest Rate Decisions (Oct) After two consecutive months of unchanged interest rates, economists believe this pause is meant to assess the impact of previous rate increases on the country’s economy. As the results show, the country’s inflation …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, PU Prime is pleased to announce the introduction of pre-market trading sessions for 20 selected US Shares products on MT5 starting from 2nd October 2023 to further optimise the competitiveness and improve the trading environment. Please refer to the table below for optimisation: *All hours are provided in GMT+3 …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
After the FOMC statement was unveiled yesterday, the dollar index held its ground firmly above the pivotal $105 level, putting pressure on gold prices. In the aftermath of the FOMC statement unveiled yesterday, financial markets fluctuated as investors dissected the nuanced signals emanating from the Fed’s leadership regarding its policy outlook. The …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
The Week Ahead: Week of 18 September (GMT+3) Tuesday, 19 September, 15:30 – US Building Permits (Aug) There was a slight increase in US July Building Permits, rising from 1.441 million to 1.443 million.The marginal uptick in housing starts indicates a degree of optimism among builders. However, the impact of potential future …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
A downward spiral has affected the currencies of the euro region, as the Eurozone and U.K.’s PMI numbers have fallen below the 50 mark. A downward spiral hit the euro region currencies, including the euro and Pound Sterling, as economic data revealed a softer-than-expected state of affairs. Both the Eurozone and UK’s …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
The Week Ahead: Week of 21 August (GMT+3) Tuesday, 22 August, 17:00 – US Existing Home Sales (Jul) During June, existing home sales in the U.S. witnessed a drop, reaching a five-month low of 4.16 million, which could be attributed to the impact of the Federal Reserve’s aggressive interest rate hikes on …
Dear Valued Client, Please be advised of the upcoming Sempra Energy (SRE) stock split that is going to take place as per the following schedule: • Ex-Date: August 22th, 2023 (GMT+3, MT4/MT5 server time). Common shares will trade at the new split-adjusted price. The primary motive is to make the shares more affordable …
Dear Valued Client, Please be advised that the leverage on all US Share CFDs products will be adjusted starting from 21st August 2023 to further optimize the competitiveness and improve the trading environment. Please refer to the table below for adjustment: *All dates are provided in GMT+3 (Server Time in MT4/MT5.) If …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
The U.S. Consumer Price Index (CPI) was unveiled in the previous night’s session, yielding a mixed outcome. The U.S. Consumer Price Index (CPI) was unveiled in the previous night’s session, yielding a mixed outcome. While the reading showed an increase compared to the earlier figures, indicating a rise in inflation, it fell …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
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: *All …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
The Hang Seng Index and regional stock markets start the day with a solid 3% gap up on account of Chinese government’s economic bolstering optimism. The Hang Seng Index and regional stock markets start the day with a solid 3% gap up, driven by a prevailing optimism over anticipated economic bolstering by …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
The Week Ahead: Week of 17 July (GMT+3) Tuesday, 18 July, 15:30 – US Retail Sales (MoM) (Jun) Contrary to market expectations of a -0.1% rate, May’s US Retail Sales exceeded forecast expectations with a rate of 0.3%. This indicates that consumer spending remains resilient, even in the face of rising inflation …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
The disappointed PMI reading indicates a lack of optimism in the manufacturing sector Investors await the RBA’s interest rate decision, expecting a 25 bps rate hike. Despite Australia’s CPI dropping to 5.6%, it remains distant from the 2% target. Meanwhile, the Purchasing Managers’ Index (PMI) readings in both the United States and …
Dear Valued Client, Please be advised that the leverage on all US Share CFDs products will be adjusted starting from 10th July 2023 to further optimize the competitiveness and improve the trading environment. Please refer to the table below for adjustment: *All dates are provided in GMT+3 (Server Time in MT4/MT5.) If …
Solid US economic data continue to boost demand on US Dollar. The US Dollar has gained strength as economic data surpassed expectations. Meanwhile, the robust banking sector sparked bullish momentum in the US equity market. The Federal Reserve’s stress test results showcased the resilience of major banks, including Wells Fargo, JPMorgan Chase, …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
The Week Ahead: Week of 3 July (GMT+3) Monday, 3 July, 17:00 – US ISM Manufacturing PMI (Jun) The manufacturing Purchasing Managers’ Index (PMI) in the United States has remained below the threshold of 50 for the sixth consecutive month, signalling contraction in the sector. The latest reading recorded a decline to …
Geopolitical tensions eased following Prigozhin’s troops retreat from Moscow as both parties had reached consensus on certain deals. Political instability in Russia has abated as Prigozhin’s troops retreat from Moscow, leading to a positive response in equity markets, particularly the Nasdaq, which rose over 1%. Oil and gold prices declined as the …
The geopolitical uncertainty saw gold rise slightly, while lending support to a crude oil market plagued by demand concerns Stock markets were rattled as the events over the weekend in Russia heightened geopolitical uncertainty. In a late-night televised speech, the Russian president condemned the leaders of the Wagner mercenaries as traitors, further …
The rule of Russian President Vladimir Putin, is facing a significant challenge as the Wagner mercenary group advances towards Moscow. The rule of Russian President Vladimir Putin, who has held power for 23 years, is facing a significant challenge as the Wagner mercenary group advances towards Moscow. This development has caused concerns …
The Week Ahead: Week of 26 June (GMT+3) Tuesday, 27 June, 17:00 – US CB Consumer Confidence (Jun) Ahead of the anticipated release of the U.S. CB Consumer Confidence data, the University of Michigan has published the Consumer Sentiment Index for the United States. It shows a monthly increase of 7.9% from …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Following the Federal Reserve’s decision to maintain the interest rate unchanged, equity markets responded positively, leading to upward movements, while the U.S. dollar experienced a significant decline of nearly 1% last night. On the other hand, Asian equities continue to gain, helped by the expectation of more stimulus from China. On top …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
While the Fed has paused rates at their June FOMC meeting, their hawkish tone has caused the dollar to rise The Federal Reserve kept the interest rate unchanged at 5.25%, in line with market expectations, as U.S. inflation showed signs of moderating. Despite a rate pause, the dollar quickly erased its losses …
Inflation came in lower-than-expected and versus the previous month, signalling a June pause on the Fed’s hiking cycle. The equity markets experienced gains, accompanied by a weakening of the dollar, following the release of the U.S. Consumer Price Index (CPI) yesterday. The U.S. CPI decreased to 4% from the previous month’s 4.9%, …
The Week Ahead: Week of 12 June (GMT+3) Tuesday, 13 June, 15:30 – US CPI (MoM) (May) According to the previous Consumer Price Index (CPI), the United States witnessed a modest increase of 0.4% compared to last month’s 0.1%. The upcoming inflation data for May is anticipated to reveal a slight cooling …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Additionally, a planned visit by the US Secretary of State has boosted indices like the HSI The Chinese government introduced an economic stimulus package, including lowering their deposit rate as soon as mid-June. Meanwhile, the U.S. Secretary of State has planned to visit China, which may improve the bilateral relationship between the …
Focus has shifted from the US debt ceiling back to macro data and the Fed’s benchmark interest rate The dollar experienced its largest daily decline in almost a month as U.S. manufacturing data and statements from Federal Reserve officials reinforced expectations of a potential interest rate hike delay. Meanwhile, the euro rebounded …
The Week Ahead: Week of 5 June (GMT+3) Monday, 5 June, 11:30 – UK Composite PMI (May) Rating agency Moody has warned that the UK is set for a mild recession, given the high inflation and borrowing costs. Inflation in the country is the highest among F7 countries, with an increase of …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
A Bipartisan Agreement To Suspend The Debt Ceiling Is Now Awaiting Approval From The U.S. Senate The House of Representatives has successfully passed a debt ceiling deal to prevent a potentially catastrophic event. However, the process is not yet complete as the bill now awaits approval from the Senate, where not all …
The US Dollar was buoyed by robust US economic data and positive market sentiment. US GDP exceeded expectations, posting a strong growth rate of 1.30% compared to the projected 1.10%. Encouraging job market data also contributed to the dollar’s strength, with Initial Jobless Claims coming in lower than anticipated at 229K. The …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Optimism In The Markets Has Seen The US Dollar Index And Equities Rising In Tandem The Dollar Index surged, buoyed by upbeat economic data, and the optimism surrounding a potential deal to raise the US debt ceiling. Prominent Republican Kevin McCarthy expressed confidence in passing a bill to increase the debt ceiling, …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
A lower-than-expected inflation has lent optimism to the markets The latest U.S. inflation figures have provided the Federal Reserve with some respite on its upcoming rate hike decision. The data for April showed a slight drop in inflation to 4.9% from 5%, easing the Fed’s dilemma. As a result, the dollar weakened …
Markets have posted a slight rally after inflation came in lower than analyst expectations even as a debt crisis looms. On Wednesday, the U.S. Bureau of Labor Statistics released the year-on-year CPI readings for April, where a rise of 4.9% came in marginally lower than economists’ expectations of 5.0%. Meanwhile, month-on-month core …
Responsibilities & Duties Develop reports in BI System (QlikView) and enhance existing reports functionality Reply to ad-hoc requests from other departments for data extracts and provide custom reports Audit existing reports performance and perform data checks Create user guides and write tech documentation for QlikView reports Provide users ‘support Requirements Good SQL …
Responsibilities & Duties Assist clients worldwide through a live chat support Answer e-mails, assist with the opening of client accounts, amend existing accounts, maintain client records and liaise with appropriate departments Demonstrate impeccable telephone etiquette and management Handle back office queries Support clients with technical and troubleshooting issues Report to the management …
Dear Valued Client, Please be advised that the leverage on all US Share CFDs products will be adjusted starting from 15th May 2023 to further optimise the competitiveness and improve the trading environment. Please refer to the table below for adjustment: *All dates are provided in GMT+3 (Server Time in MT4/MT5.) If …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Traders are strongly advised to look out for Friday’s Nonfarm Payrolls data, meanwhile, is estimated to be at 180K, lower than the previous month’s 236K In line with market expectations, the U.S. Federal Reserve raised interest rates by 0.25%, or 25 basis points, bringing the so-called Fed fund rate up to between …
The tech-heavy index is up over 2.7% on the day, with companies like Meta Platforms leading the rise Nasdaq led a Wall Street rally driven by robust earnings from US tech firms, despite concerns over US economic growth. Meta Platforms saw the biggest gains after forecasting quarterly revenue above estimates, citing AI’s …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
The VIX dipped to its lowest level in over a year as equities trade sideways ahead of the Fed interest rate decision Asian shares traded lower, and U.S. equity futures fell as investors remained cautious after Wall Street closed with little change. The CBOE VIX volatility index hit its lowest level in …
Equities are muted as markets await the expected volatility of the earnings season US index futures cautiously climbed during the Asian market session, signalling investors’ apprehension ahead of the upcoming earnings season. Against the backdrop of growing concerns over economic slowdown and the possibility of further rate hikes, market volatility is expected …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
US Treasury yields and the Greenback dipped as investors recalibrated their expectations for rate hikes following the release of March’s Consumer Price Index (CPI), which came in below the market consensus. This unexpected dip in inflation triggered a surge in the prices of non-yielding assets such as gold and crude oil, as …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the leverage on all US Share CFDs products will be adjusted starting from 10th April 2023 to further optimize the competitiveness and improve the trading environment. Please refer to the table below for adjustment: *All dates are provided in GMT+3 (Server Time in MT4/MT5.) If …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Wall Street rallied following the footstep of Asian equity markets last night, pushed by tech shares as concerns over the stability of the financial system continue to ease. An increasing risk-on attitude has also muted the gold prices and the U.S. dollar while U.S. treasuries yield stays flat. Before the RBA announces …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Jerome Powell delivered a smaller size of rate hike of 25 bps which is in line with the market consensus; however, the market was hit by double assail with U.S. major indexes dropping by more than 1% and the dollar traded below $103. Firstly, Powell revealed that the Fed considered pausing the …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please note that in observance of the upcoming US Daylight Saving Time on 12 March 2023, MT4/MT5 system time zone will be switched from GMT+2 to GMT+3, there will be changes to PUPRIME’s trading schedule starting from 12 March 2023. Except from the server time changes in MT4/MT5 system, …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the leverage on all US Share CFDs products will be adjusted starting from 20th February 2023 to further optimise the competitiveness and improve the trading environment. Please refer to the table below for adjustment: *All dates are provided in GMT+2 (Server Time in MT4/MT5.) If …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Forex Trading Can Be A Bit Overwhelming For Beginners While forex trading offers plenty of trading opportunities, it can still be a bit overwhelming for beginner forex traders. There are many different forex trading strategies used by beginner forex traders and we will take a look at some of the most commonly …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the leverage on all US Share CFDs products will be adjusted starting from 16th January 2023 to further optimise the competitiveness and improve the trading environment. Please refer to the table below for adjustment: *All dates are provided in GMT+2 (Server Time in MT4/MT5.) If …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
The MetaTrader 4 (MT4) trading platform is widely used by forex traders all over the world, due to its ample benefits. Here are reasons why Forex Traders should use MT4 as their trading platform. MT4 Provides Great And Extensive Tools The MT4 platform contains more than 30 native technical indicators that reveal …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, PU Prime are happy to announce that our WTI Crude Oil Cash (USOUSD) will be optimised on 8th December 2022. This would provide clients with more stable quotations and a better trading environment. Important: There might be a slight pricing difference after the optimisation. We recommend that clients monitor …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the leverage on all US Share CFDs products will be adjusted starting from 28th November 2022 to further optimise the competitiveness and improve the trading environment. Please refer to the table below for adjustment: *All dates are provided in GMT+2 (Server Time in MT4/MT5.) If …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Gold Has Been Known As A Good Hedge Against Inflation Gold has been widely called a “safe-haven” asset as it is able to retain and increase in value despite times of market turbulence or inflation. Many investors turn to gold trading because of that. However, it is inevitable that there could still …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, PU Prime are happy to announce that our Brent Crude Oil Cash (UKOUSD) will be optimised on 8th November 2022. This would provide clients with more stable quotations and a better trading environment. Important: There might be a slight pricing difference after the optimisation. We recommend that clients monitor …
Dear Valued Client, Please note that in observance of the upcoming Daylight Saving Time in US, there will be changes to PU Prime’s trading schedule from 7th November 2022. . Kindly refer to the table below outlining the affected instruments: *All hours are provided in GMT+2 (Server Time in MT4/MT5.) Please note …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
UK Prime Minister Liz Truss resigned last week, making her the UK’s shortest-serving PM at just 44 days in office. Truss’ term has been plagued by criticism for her mini budget program, which included the biggest tax cuts since 1972, but would be largely funded by a massive expansion in borrowing. The …
PU Prime has bagged yet another award in a long string of accolades this year – the Best Customer Service Award, given at Forex Expo Dubai 2022. The largest event in the Middle East for traders, investors, and Forex industry players, the Forex Expo combines an exhibition of industry leaders, insightful conferences, …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the leverage on all US Share CFDs products will be adjusted starting from 10th October 2022 to further optimise the competitiveness and improve the trading environment. Please refer to the table below for adjustment: *All dates are provided in GMT+3 (Server Time in MT4/MT5.) If …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
As risk appetites move ever lower and the US dollar soars, sovereign currencies are seeing the effects of global economic uncertainty. The pound has hit a record low against the greenback after the UK government introduced a new stimulus package just after the appointment of conservative party candidate Liz Truss as Prime …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that Please be advised that there will be optimisation on all our US Share CFD products starting from 19th September 2022 to further enhance the competitiveness and improve the trading environment. Please refer to the table below for optimisation: *All dates are provided in GMT+3 (Server …
The US will be joining its G7 peers in placing a price cap on crude coming out of Russia in a bid to both limit the Kremlin’s ability to fund its war, while cooling inflation and oil prices. The price cap has been set to take effect 5 December, the same time …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
The Group of Seven, 7 of the world’s richest countries, has agreed to put a global price cap on Russian oil, potentially cooling oil prices while hitting the revenue of Russia. The cap is planned to be enacted around the same time as the EU sanctions on Russian oil, which will come …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the leverage on all US Share CFDs products will be adjusted starting from 29th August 2022 to further optimise the competitiveness and improve the trading environment. Please refer to the table below for adjustment: *All dates are provided in GMT+3 (Server Time in MT4/MT5.) If …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
On Tuesday evening (GMT+3), the US Consumer Price Index (CPI) for July was released, showing a year-on-year growth of 8.5% – lower than the expected growth of 8.7% and the previous month’s increase of 9.1%. Core CPI, which excludes volatile categories like food and energy, comes in at an increase of 0.3% …
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: *All …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that t the commission of all US Share CFDs products will be decreased to 0 USD per transaction starting from 8th August 2022 to further optimise the competitiveness and improve the trading environment. Please refer to the table below for optimisation: *All dates are provided in …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Elon Musk has pulled out of a protracted and tumultuous bid to purchase social media platform Twitter, making the announcement through an SEC filing. The deal was first proposed by Musk after he revealed that he had accumulated over 9% of Twitter earlier this year. Should the deal have gone through, Musk …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div& <Product Name>&<Net Volume>”which show in the balance after the close of the day before the dividend payment date. …
On Wednesday afternoon (GMT+3), the US Consumer Price Index (CPI) figures for June were released, showing that consumer prices grew by 9.1% year-on-year, the fastest pace of inflation growth since November 1981. This is higher than the forecast of 8.8% and May’s figure of 8.6%. Meanwhile, Core CPI increased 0.7% month-on-month, higher …
On Thursday evening (GMT+3), the US Initial Jobless Claims data was released, showing that 235,000 people filed for unemployment insurance for the first time in the week of July second. This is the highest since January this year, and up from the forecasted 230,000 and the previous month’s 231,000. Continuing claims, whose …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div& <Product Name>&<Net Volume>”which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div& <Product Name>&<Net Volume>”which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div& <Product Name>&<Net Volume>”which show in the balance after the close of the day before the dividend payment date. …
21 June 2022 – Coming in hot after winning multiple prizes for the MENA region for 2021, online trading platform PU Prime is proud to announce that it has been awarded the Best Mobile Trading App Europe 2022 and Best Affiliate Partnership Program Europe 2022 at the International Business Awards 2022. Organised by the Dubai-based International …
Dear Valued Client, Please be advised that there will be some adjustments on all US Share CFDs products to further optimise the competitiveness and improve the trading environment. Minimum lot will be adjusted effective from 27th June 2022. Note: Clients who have open positions overnight for US Shares products before the effective …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div& <Product Name>&<Net Volume>”which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, With FACEBOOK INC-A (FB) has changed its corporate name to Meta Platforms Inc. (META) as part of a major rebrand, PU Prime will update the symbol to META effective from 20th June 2022. Kindly refer to the table below outlining the affected instruments: *All hours are provided in GMT+3 …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div& <Product Name>&<Net Volume>”which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div& <Product Name>&<Net Volume>”which show in the balance after the close of the day before the dividend payment date. …
Joining the list of countries – like Poland and Bulgaria – affected by retaliatory sanctions from Russia is Finland. The country’s supply of Russian natural gas has been cut off after Helsinki officially applied to join NATO. Gasum, Finland’s state-owned gas distributor, announced that while imports had halted, they were “prepared for …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div& <Product Name>&<Net Volume>”which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div& <Product Name>&<Net Volume>”which show in the balance after the close of the day before the dividend payment date. …
US shares saw their largest rout in almost two years as investors exited equities on the back of poor retailer earnings results and inflation fears. Trading hours on Wednesday saw the Dow Jones Industrial Average lose 3.57% to close at 31490.07, the S&P 500 drop 4.04% to close at 3923.68, and the …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div& <Product Name>&<Net Volume>”which show in the balance after the close of the day before the dividend payment date. …
The EU has announced a new series of sanctions in their latest proposal. Included is a plan to phase out Russian crude imports in a span of six months. This means a ban on all Russian oil, crude and refined. Enacting the sanction will be a major challenge given that Russian oil …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div& <Product Name>&<Net Volume>”which show in the balance after the close of the day before the dividend payment date. …
On Wednesday afternoon (GMT+3), the US ADP Nonfarm Employment Change figures were announced, revealing that employment in the US rose by 247,000, lower than the forecasted increase of 395,000 and the previous month’s increase of 479,000. Markets were largely unmoved by the ADP Employment figures as participants awaited the Fed’s interest rate …
Gazprom, the Russian state-controlled energy giant, has announced that it has cut off supplies of natural gas to Poland and Bulgaria. The move is the first of its kind to result from the Kremlin’s insistence that “unfriendly countries” pay for Russian energy in rubles. Russia’s currency plunged into freefall at the onset …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div& <Product Name>&<Net Volume>”which show in the balance after the close of the day before the dividend payment date. …
US shares plunged on Tuesday night (GMT+3) as investor fears about spiking interest rates, slowing economic growth, and rampaging inflation culminated in a rout. The S&P 500 closed the day by 2.8% lower to 4,175.20, Dow Jones slid around 800 points to 33,240.18, while the tech-heavy Nasdaq Composite plunged nearly 4% to …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div& <Product Name>&<Net Volume>”which show in the balance after the close of the day before the dividend payment date. …
The Organisation of Petroleum Exporting Countries (OPEC) has warned that it would not be possible to replace the 7 million barrels of Russian oil and other liquid exports that will potentially be lost each day due to current and future sanctions. While the EU has not yet banned imports of Russian energy, …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div& < Product Name>& < Net Volume>” which show in the balance after the close of the day before …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Clients： Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
On Wednesday afternoon March 30 (GMT+3), the US ADP Nonfarm Employment Change data reported an increase in 455,000 jobs. This figure is slightyly more than the expected increase of 450,000, and down from the previous month’s value of 486,000. While higher than expected, March’s ADP Employment numbers are still the lowest seen …
Dear Valued Clients： Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the commission on some of the US Share CFDs products will be decreased to 0 USD per transaction starting from 28th March 2022 to further optimize the competitiveness and improve the trading environment. Please refer to the table below for optimisation: *All dates are provided …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
While PU Prime puts a vast amount of resources at your disposal, the large amount of information available might be a little daunting to navigate for the beginner trader. Here, we break down the available resources, and how you can use them to make informed decisions about your trading. Educational Info No …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
On Thursday, 24 February, Russian forces entered neighbouring Ukraine, sparking what some are calling the largest conflict in Europe since World War 2. Land, sea, and air forces have been sent into Ukrainian space, with the country’s foreign minister saying that the country’s capital, Kyiv, has been hit by Russian rocket strikes. …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the minimum lot of opening order and leverage on all US Share CFDs products will be adjusted starting from 28th February 2022 to further optimise the competitiveness and improve the trading environment. Please refer to the table below for adjustment: *All dates are provided in …
Months of geopolitical tension between Russia and Ukraine have mounted to a pitch as governments around the world begin taking action. The US relocated its embassy in the Ukrainian capital of Kyiv to the western city of Lviv in response to the “dramatic acceleration” of buildup in Russian forces on Ukraine’s border. …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
On Wednesday evening (GMT+2), the US Federal Reserve released its meeting minutes, revealing its plans for interest rate hikes, as well as a “significant reduction” in asset holdings in response to spreading inflation. However, while its outward tone might seem hawkish, the details of the minutes lacked bite without any clear signals …
Dear Valued Client, Please be advised that the leverage on all Commodities (Crude Oil) products will be adjusted according to clients account leverage range between 100:1 to 500:1 starting from 21st February 2022 to further optimize the competitiveness and improve the trading environment. Please refer to the table below for adjustment: *All …
On Thursday (GMT+2), the US released its Consumer Price Index data (CPI) for January. Results showed that inflation, as measured by the CPI, increased by 7.5% year-on-year, beating out the forecasted 7.3% and posting the highest gain since 1982. The results also mark an increase of 0.6% from December, continuing the fourth …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
On Wednesday afternoon (GMT +2), the US ADP Nonfarm Employment data was released. The results showed that private U.S. payrolls fell by 301,000 in January 2022, the largest drop since April 2020, and far from the gain of 207,000 estimated by economists polled by Dow Jones. This is the first time in …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
On January 12 (Wednesday) afternoon (GMT+2), the United States announced its year-on-year, not seasonally-adjusted Consumer Price Index (CPI) for December. US CPI rose 7% in 2021, the largest 12-month gain since 1982, according to data released by the Labor Department. CPI rose 0.5% month-on-month in December, slightly beating the market expectations of …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, To further optimize the competitiveness and improve the trading environment, please be advised that the leverage on all Indices products will be adjusted according to your account leverage range between 100:1 to 500:1 starting from 1st November 2021. Please refer to the table below for adjustment: *All dates are …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, To further optimize the competitiveness and improve the trading environment, please be advised that the leverage on all Crude Oil products will be adjusted to 333:1 starts from 25th October 2021. Please refer to the table below for adjustment : *All dates are provided in GMT+3 (Server Time in …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, To further optimize the market competitiveness of DAX30, please be advised that the benchmark DAX Index will be expanded by ten members to a total of 40 constituents from 20th September 2021. The list of ten new members are as follows:Airbus SEZalando SESiemens Healthineer AGSymrise AGHelloFresh SESartorius AG VzPorsche …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Following comments from the Swiss National Bank on their commitment to using foreign exchange interventions to stem the franc’s volatility, the well-being and safety of providing a secure trading environment to clients remains the first priority for Pacific Union. We have conducted a review of our risk management policies …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
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: *All …
Dear Valued Client, To further optimize the competitiveness and improve the trading environment, please be advised that the trading hours of some indices will be adjusted from 16th August 2021. Please refer to the table below for adjustment: *All hours are provided in GMT+3 (Server Time in MT4/MT5.) Please note that the …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, To further optimize the competitiveness and improve the trading environment, please be advised that the leverage on all index products will be adjusted from 200:1 to 333:1 starts from 3rd May 2021. Please refer to the table below for adjustment : *All dates are provided in GMT+3 (Server Time …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that Pacific Union will terminate offering the product of TW50 Index Cash from 7th May 2021 because of the changes made by our Liquidity Provider. Therefore, the status of TW50 will be set to“Close Only”on 19th April 2021, and all open positions will be force-closed one …
Dear Valued Client, To provide a broader portfolio of products, Pacific Union will permanently switch our Volatility Index Cash & US Dollar Index Cash to Volatility Index Futures & US Dollar Index Futures from 20th April 2021 and 22nd April 2021 respectively. Adjusted Futures contract positions will then not be subjected to …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. …
Dear Valued Client, Given the market fluctuations expected to increase silver markets volatility, the well-being and safety of providing a secure trading environment to clients remains the first priority for Pacific Union. We have conducted a review of our risk management policies and decided to raise the margin requirements for Silver (XAGUSD) …
Dear Valued Client, To provide a broader portfolio of products, Pacific Union will permanently switch our US Dollar Index Futures & Volatility Index Futures to US Dollar Index Cash & Volatility Index Cash from 14th January 2021 (USDX) and 15th January 2021 (VIX) respectively. The LAST rollover for USDX will be carried …
We’re finally done analysing; and now that you know the basics of both technical and fundamental analysis it’s up to you to put your newly learnt skills to use. It depends on your trading style, your objectives, your time frame and many other factors. Don’t put yourself in a box and stick …
Dear Valued Client, As the situation surrounding U.S Election expected to increase market volatility, the well-being and safety of providing a secure trading environment to clients remains the first priority for PUPRIME. We are pleased to inform that we have conducted a review of our risk management policies ahead of the November …
Orders can be an effective tool to help you better manage your risk and should always be considered as part of your overall trading strategy. While orders can have a critical role in helping you to achieve your trading goals they cannot necessarily limit your losses. Protective orders should always be placed …
Governor Ueda remarked on the exploration of diverse options to navigate the country out of its negative interest rate regime leading to a substantial 2% drop in the USD/JPY pair overnight The Japanese Yen staged a robust rally in the previous session, leading to a substantial 2% drop in the USD/JPY pair …
Tuesday, 12 Dec, 15:30 – US CPI (MoM) (Nov) In October, the Consumer Price Index (CPI) remained at 0.0%, below the predicted 0.1%, sustaining stability after a 0.4 percent rise in September. The broader all items index indicated a slowdown, reflecting a trend of price stability across various sectors. Wednesday, 13 Dec, …
In yesterday’s highly anticipated release of the ADP Non-Farm Unemployment Change data, the dollar failed to gather momentum as the figure came short. In yesterday’s highly anticipated release of the ADP Non-Farm Unemployment Change data, the dollar failed to gather momentum as the figure came short. Persistent downward pressure on the dollar’s …
The latest U.S. Job Opening data, dropping to its lowest level since March 2021 at 8.73 million, offers a preliminary insight ahead of the crucial NFP The latest U.S. Job Opening data, dropping to its lowest level since March 2021 at 8.73 million, offers a preliminary insight ahead of the crucial Non-Farm …
Wall Street’s bullish momentum showed signs of easing, coinciding with the U.S. dollar stabilising ahead of the eagerly anticipated U.S. job data (NFP) Wall Street’s bullish momentum showed signs of easing, coinciding with the U.S. dollar stabilising ahead of the eagerly anticipated U.S. job data (NFP) set for release this Friday. Market …
The market remains firmly convinced that the U.S. central bank is poised for such actions next year, gold prices briefly reaching an all-time high at $2146. Despite Jerome Powell, the Federal Reserve Chief, attempting to push back on rate-cut expectations, the market remains firmly convinced that the U.S. central bank is poised …
Tuesday, 5 Dec, 05:30 RBA Interest Rate Decision (Dec) The Organisation for Economic Co-operation and Development (OECD) has predicted that rates in Australia have reached its peak, an outlook supported by the country’s Treasurer Jim Chalmers. The RBA rate is currently at a 12-year high of 4.35%, with just 2% of the …
Despite OPEC+ announces production cuts, oil traders remained unconvinced, leading to a nearly 3% plunge in oil prices overnight. The efficacy of these cuts is questionable as they are implemented on a “voluntary” basis. Despite OPEC+ announces production cuts, oil traders remained unconvinced, leading to a nearly 3% plunge in oil prices …
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: *All …
Market attention is currently focused on the OPEC+ meeting scheduled for today, with widespread expectations that further oil production cuts will be on the agenda, potentially fueling a surge in oil prices. The surge in the U.S. Treasury prices has led to a decline in Treasury yields, placing the U.S. dollar under …
The festive season isn’t just about jingle bells and merry-making; it’s also a time when the financial markets like the forex market introduce unique market dynamics that demand careful navigation from traders. As Christmas approaches, understanding the nuances of forex trading during Christmas is crucial for capitalising on potential trading opportunities while …
Prominent figure on Wall Street, Bill Ackman, is speculating that the Federal Reserve (Fed) is poised to cut rates as early as the first quarter of the upcoming year. Prominent figure on Wall Street, Bill Ackman, is speculating that the Federal Reserve (Fed) is poised to cut rates as early as the …
U.S. long-term treasury yields have retraced to recent lows downside pressure on the U.S. dollar U.S. long-term treasury yields have retraced to recent lows, adding sparking discussions about the possibility of the Federal Reserve cutting rates next year; this has added downside pressure on the U.S. dollar, with the dollar index reaching …
The U.S. equity market is set to return to normal trading hours after the Thanksgiving holiday; The VIX index reaching its lowest level since January 2020 The U.S. equity market is set to return to normal trading hours after the Thanksgiving holiday; meanwhile, with the VIX index reaching its lowest level since …
Copy trading is a trading technique that allows traders to replicate the trading strategies of seasoned and successful traders called signal providers, by following them on a copy trading platform. It is becoming a popular technique for beginners looking to leverage on the experience of skilled traders. However, copy trading also comes …
Dear Valued Client, PU Prime would like to launch MT4 & MT5 Server Version Upgrade to the latest version from 25 Nov 2023 00:00 to 26 Nov 2023 23:59 Server Time (GMT+2) to provide a better and more reliable trading environment. Latest MT4 Server: Version 1380 Latest MT5 Server: Version 3980 Server …
Amidst the Thanksgiving holiday, with the U.S. equity market closed, market observers anticipate subdued trading in the Dollar Index (DXY). Amidst the Thanksgiving holiday, with the U.S. equity market closed, market observers anticipate subdued trading in the Dollar Index (DXY) and gold prices throughout the festive season. Concurrently, the trajectory of oil …
The Week Ahead: Week of 27 Nov (GMT+2) Tuesday, 28 Nov, 17:00 – US CB Consumer Confidence (Nov) In October, U.S. consumer confidence dropped for the third consecutive month, sliding from 104.3 to 102.6. This decline, influenced by concerns over inflation and increased borrowing expenses, suggests a lack of market confidence in …
The scheduled OPEC meeting slated for the upcoming weekend has been deferred to November 30th, resulting in a nearly 1% dip in oil prices In an unexpected turn of events, the scheduled OPEC meeting slated for the upcoming weekend has been deferred to November 30th, resulting in a nearly 1% dip in …
Nvidia’s quarterly report beat expectations; however, the company’s share prices dropped about 2% after the closing bell. In a much-anticipated earnings release, Nvidia’s quarterly report beat expectations; however, the company’s share prices dropped about 2% after the closing bell. This unexpected downturn interrupted the recent winning streak in U.S. equity markets, dampening …
In this ever-changing landscape of financial markets, copy trading and manual trading are two distinct approaches that stand out. Both methods cater to a wide spectrum of traders with varied levels of experience and risk appetite, each offering unique benefits and challenges. In this blog article, we will delve into the intricacies …
Nasdaq ascended to nearly a two-year high, driven by anticipation surrounding Nvidia’s upcoming report. US dollar has slid to its lowest point since September Recent market dynamics have seen a surge in risk-on sentiment, with global equities rallying fervently. The Nasdaq has ascended to nearly a two-year high, driven by heightened anticipation …
Recent weak U.S. economic data, hinting at slowed growth and contained inflation, suggests the Federal Reserve might be near the end of its tightening cycle. Recent downbeat economic data from the U.S., which indicates a moderation in economic performance and contained inflation, has led the market to believe that the Federal Reserve …
The financial markets experienced a relatively subdued session overnight, as lacking significant catalysts. Investor attention remains focused on the APEC forum The financial markets experienced a relatively subdued session overnight, lacking significant catalysts to drive decisive movements. Investor attention remains focused on the APEC forum, with particular interest in the meeting between …
The U.S. dollar staged a modest recovery following a notable decline on Wednesday. However, the latest U.S. Retail Sales data surpassed expectations, supporting the greenback’s upward nudge. The U.S. dollar staged a modest recovery following a notable decline on Wednesday, spurred by indications of easing inflation from the U.S. CPI report. However, …
The Dollar Index took a substantial hit, plummeting over 1.5% in the wake of the U.S. Consumer Price Index (CPI) release. The Dollar index took a substantial hit, plummeting over 1.5% in the wake of the U.S. Consumer Price Index (CPI) release. The data indicated a softening of inflationary pressures, leading the …
The US dollar remains in a holding pattern as investors brace for a week of pivotal events. Markets expect the October Consumer Price Index (CPI) will set at a 0.10% monthly rise. The US Dollar remains in a holding pattern as investors brace for a week of pivotal events. All eyes are …
Dollar staged a significant rebound driven by hawkish sentiments from Federal Reserve members, particularly emphasised by Federal Reserve Bank of San Francisco President Mary Daly. The US Dollar staged a significant rebound driven by hawkish sentiments from Federal Reserve members, particularly emphasised by Federal Reserve Bank of San Francisco President Mary Daly. …
Dear Valued Client, PU Prime recently completed a system upgrade on the following date and time. Client Portal / IB Portal: 11th November 2023 between 03:00 AM (GMT+2) to 10:00 AM (GMT+2). PU Prime Applications: 11th November 2023 between 03:00 AM (GMT+2) to 10:00 AM (GMT+2). We are pleased to inform that …
The Fed Chair’s stern warning indicated that the Fed’s monetary tightening efforts are far from concluded, prompting a resurgence of the dollar’s strength. Jerome Powell’s speech yesterday sent ripples through the financial markets, disrupting the U.S. equity markets’ winning streak. The Fed Chair’s stern warning indicated that the Fed’s monetary tightening efforts …
The Week Ahead: Week of 13 Nov (GMT+2) Tuesday, 14 Nov, 15:30 – US CPI (MoM) (Oct) The recent consumer price index, which serves as a significant indicator of inflation, rose by 0.4%. Several Federal Reserve officials have expressed the view that these increases might eliminate the necessity for additional policy tightening. …
The VIX index, a key measure of fear in the U.S. equity market, plummeted by over 20% in November, indicating a rising risk-on sentiment among investors. The VIX index, a key measure of fear in the U.S. equity market, plummeted by over 20% in November, indicating a rising risk-on sentiment among investors. …
Oil prices tumbled nearly 5% as the demand outlook dimmed. China’s upcoming economic data, promise further fluctuations in oil prices. In a sharp turn, oil prices tumbled nearly 5% as the demand outlook dimmed, exacerbated by a substantial surge in U.S. crude stockpiles revealed in the API weekly data. This surge implied …
Dear Valued Client, To ensure the continued performance, reliability, and security of our systems, PU Prime will upgrade its system on: Client Portal / IB Portal: 11th November 2023 between 03:00 AM (GMT+2) to 10:00 AM (GMT+2). PU Prime Applications: 11th November 2023 between 03:00 AM (GMT+2) to 10:00 AM (GMT+2). Access …
Dear Valued Client, PU Prime are pleased to announce a leverage adjustment for all MT5 Shares CFDs products to 1:5 for new positions opened 30 minutes after market reopens and 30 minutes prior market close starting from 13 November 2023 to further enhancing the trading environment. Please refer to the table below …
In a significant market shift, gold prices have witnessed a notable downturn as tensions in the Middle East show signs of abating. In a significant market shift, gold prices have witnessed a notable downturn as tensions in the Middle East show signs of abating. Israel’s decision to implement a ceasefire for humanitarian …
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: *All …
The dollar index plummeted following last Friday’s U.S. Nonfarm Payroll report and the Unemployment rate data. The dollar index plummeted to September levels following last Friday’s U.S. Nonfarm Payroll report and the Unemployment rate data, indicating a softening job market and further easing U.S. inflation. Despite the softening dollar, commodity prices including …
In the rapidly evolving realm of financial markets, the position of a signal provider has become notably prominent. As someone well-versed in market trends and trading tactics, you have the chance to impart your knowledge and, potentially, generate income by assisting others in their trading endeavours. Learn the steps to follow to …
Before the release of the U.S. Nonfarm Payroll report, the dollar index faced a significant setback following disappointing U.S. job data. In anticipation of the pivotal U.S. Nonfarm Payroll report slated for release today, the dollar index faced a significant setback, dropping nearly 0.5% overnight. This decline follows disappointing U.S. job data, …
Dear Valued Client, PU Prime will be upgrading its MT4/MT5 servers to further enhance the performance and services: The Server Upgrade schedule are as follows: • First Phase : 4 November 2023, 02:00 hrs. to 03:00 hrs. (GMT+3) • Second Phase: 5 November 2023, 07:00 hrs. to 14:00 hrs. (GMT+3) Access to MT4/MT5 accounts …
The world of trading in financial markets has changed dramatically as a result of the groundbreaking idea of copy trading. It provides a chance for traders who are beginner traders to learn and benefit from the expertise of seasoned traders. This novel approach has attracted a great deal of attention due to …
The Japanese yen weakened against the USD after the Bank of Japan (BoJ) maintained its dovish stance. The Japanese Yen weakened against the USD, hitting its lowest level since last October, after the Bank of Japan (BoJ) maintained its dovish stance in its recent interest rate decision. Investors now anticipate a shift …
Dear Valued Client, We are pleased to announce that PU Prime will launch new product of US Shares CFDs on 6th November 2023 to provide clients with a broader portfolio of products. Please refer to the table below outlining the new instrument: *All time are provided in GMT+2 (Server Time in MT4/MT5.) …
Amidst deepening tensions in the Middle East conflict, gold surged past its pivotal $2000 mark, propelled by the expansion of ground warfare. Amidst deepening tensions in the Middle East conflict, the market’s gaze remains fixated on evolving dynamics. Gold surged past its pivotal $2000 mark, propelled by the expansion of ground warfare. …
The US Dollar experienced a relatively flat day, marked by robust GDP growth at 4.90% while Initial Jobless Claims worse-than-market expectations at 210K The US Dollar experienced a relatively flat day, marked by robust GDP growth at 4.90% while Initial Jobless Claims worse-than-market expectations at 210K. Gold markets adopted a cautious stance, …
Copy trading has become a game-changing phenomenon in the dynamic world of modern finance, affecting how both new and seasoned traders interact with the markets. This new way of trading enables individuals to imitate the trades of more seasoned and successful traders and learn from their expertise. In this comprehensive guide, let’s …
The Japanese yen has weakened to a one-year low at 150 per dollar, raising the spectre of potential currency intervention. The Japanese yen has weakened to a one-year low at 150 per dollar, raising the spectre of potential currency intervention. Alphabet’s disappointing earnings report sent shockwaves through the US equity market, triggering …
Favourable U.S. PMI data, coupled with better-than-expected Eurozone economic figures, led to the dollar rebounding above the $106 level. Amidst improving conditions in the Middle East conflict, international leaders and the United Nations advocate for Humanitarian Pauses to facilitate essential aid access for civilians. Gold prices remained stable, but oil prices faced …
The US dollar experienced a decline of over 0.5% as the US long-term bond yield touched the 5% mark. Hamas militants freed 2 hostages while Israel delayed a ground attack and provided relief from the heightened tension in the Middle East region. Meanwhile, China’s surprising affirmation of Israel’s right to self-defence injected …
Dear Valued Client, Please note that in observance of the upcoming Daylight Saving Time in EU/UK, there will be changes to PU Prime’s trading schedule from 29th October 2023. Kindly refer to the table below outlining the affected instruments: *All hours are provided in GMT+3 (Server Time in MT4/MT5.) Please note the …
Israel’s decision to halt its ground invasion of Gaza has temporarily eased Middle East tensions. Amid diplomatic efforts to calm the Middle East conflict, Israel’s decision to halt its ground invasion on Gaza has momentarily eased tensions. Oil prices faced resistance at $90, leading to a decline since last Friday, while gold …
Copy Trading has swept the investment world by storm in today’s fast-paced financial landscape. Both novice and seasoned traders now approach the markets differently, thanks to this innovative practice. In this comprehensive guide, we will go deep into what is copy trading, shed light onto how it works, and cover the benefits …
Despite visits by the U.S. president and the U.K.’s prime minister to Israel, gold and oil prices surge due to Middle East tensions. Despite diplomatic efforts by world leaders, including planned visits by the U.S. president and UK’s prime minister to Israel, gold and oil prices continue to surge in response to …
The Week Ahead: Week of 23 October (GMT+3) Wednesday, 25 October, 17:00 – CA BoC Interest Rate Decision In September, Canada’s annual Consumer Price Index (CPI) showed a decline in inflation from 4% in August to 3.8%. The Bank of Canada’s upcoming rate decision will be crucial, as it previously held the …
President Biden in Israel, leading global efforts to de-escalate Middle East conflict, causing surges in gold and oil due to regional tensions. U.S. President Joe Biden, alongside UK Prime Minister Sunak, stepped foot in Israel, leading international efforts to de-escalate the Middle East conflict. The heightened regional tensions propelled commodity prices, with …
Escalating tensions in the Middle East ahead of the U.S. The President’s visit to Israel cast a shadow. Gold and oil prices rallied amid stalled ceasefire efforts in Gaza. Escalating tensions in the Middle East cast a shadow as the anticipated visit of the U.S. President to Israel looms on Wednesday. Against …
U.S. President Joe Biden’s upcoming visit to Israel signals a show of support, bolstering market confidence. Amid escalating Middle East tensions, Western allies have intensified diplomatic efforts. U.S. President Joe Biden’s upcoming visit to Israel signals a show of support, bolstering market confidence. Equities surged, reflecting improved risk appetite, while traditional safe-havens …
Safe-haven assets such as gold and the US Dollar have experienced a substantial upswing in response to the deepening Middle East conflict. Safe-haven assets such as gold and the US Dollar have experienced a substantial upswing in response to the deepening Middle East conflict. As tensions escalated on the Israel-Lebanon border, with …
Log in to your Client Portal – click “Withdraw Funds” – select your “Account Number” then input “Withdrawal amount” to be withdrawn and click “Continue”. Choose the Cryptocurrency at the right section of “Withdraw Method” and select the corresponding Cryptocurrency (Bitcoin/USDT) Scroll down and fill in your wallet address, ensure that you have …
Log in to your Client Portal – click “Deposit Funds – select “Cryptocurrency” – click on corresponding cryptocurrency method you wish to use to deposit funds – fill in Account Number and Amount and press “Submit” – you will then be directed to a new window displaying a wallet address – copy …
Market sentiment shifted significantly after the U.S. Consumer Price Index data exceeded expectations, along with strong Initial Jobless Claims figures. Market sentiments shifted significantly following the release of yesterday’s U.S. Consumer Price Index (CPI) data, which surpassed expectations. Coupled with robust Initial Jobless Claims figures indicating a resilient labour market, investors are …
The dollar remains subdued due to the Fed’s balanced assessment of inflation and recession risks. The dollar struggles below the $106 mark as the Federal Reserve adopts a dovish stance, signalling a potential end to its rate-hiking cycle. Despite a stronger-than-expected U.S. Producer Price Index (PPI), the dollar remains subdued due to …
What Is The Israel-Hamas War About? The Gaza-Israel conflict, commonly referred to as the Israeli-Palestinian conflict, is a protracted dispute between Israel and the Palestinian organisation Hamas. The conflict has gone on tumultuously for decades, but Hamas decided to launch an unprecedented attack against Israel on 7 October by deploying armed troops …
US Dollar tumbled ahead of several crucial market events, including CPI, PPI as well as FOMC Meeting Minutes Investors navigated a cautious market terrain as more Federal Reserve officials echoed dovish sentiments, indicating the necessity of maintaining rates at a restrictive level to curb inflation. Anticipation mounts ahead of the September FOMC …
The dollar index lost momentum following a dovish tone from Federal Reserve officials. In a surprising turn, the dollar index lost its momentum following a markedly dovish tone from Federal Reserve officials, igniting widespread speculation that the central bank might maintain interest rates through 2023’s end. This sentiment shift occurred amidst rising …
The week started with a surge in gold prices, driven by the escalating conflict in the Middle East involving Israel and the Palestinian militant group Hamas. The week kicked off with a surge in gold prices, climbing nearly 1%, driven by the escalating conflict in the Middle East involving Israel and Palestinian …
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: *All …
Before the release of Nonfarm Payroll, U.S. equity markets exhibited a subdued stance, mirrored by the sideways movement in the dollar index and gold prices. U.S. equity markets exhibited a subdued stance, mirrored by the sideways movement in both the dollar index and gold prices, all eyes turned toward the eagerly anticipated …
The Week Ahead: Week of 9 October (GMT+3) Wednesday, 11 October, 09:00 – EU German CPI (MoM) (Sep) In August, there was a 0.3% month-on-month increase in German consumer prices. The economy is expected to contract in the third quarter and show only modest growth in the fourth. Wednesday, 11 October, 15:30 …
The US dollar plunged below the pivotal $107 threshold, following a mere 89,000 increase in private-sector employment in the last month. The US dollar faced a setback, plunging below the pivotal $107 threshold, following lacklustre private-sector job data showing a mere 89,000 increase in employment last month, marking its lowest figure since …
Japanese Yen Surges as USD/JPY Breaks Key 150 Level Amidst Speculation of Bank of Japan Intervention The financial landscape remains turbulent as global markets react to a host of impactful factors. The Japanese yen’s sudden dipped after hitting the pivotal 150 level has spurred speculation about potential intervention by Japanese authorities. Meanwhile, …
In a staunch show of strength, the dollar advances due to the market consensus towards the Fed maintaining elevated interest rates to combat persistent inflation. In a staunch show of strength, the dollar advances, driving the dollar index towards $107, bolstered by the Federal Reserve’s recent communication. The market consensus leans heavily …
The dollar index held steady, while U.S. treasuries maintained robust levels when the threat of a U.S. government shutdown was averted. Global equity markets surged on the heels of reassuring news: the threat of a U.S. government shutdown was averted, instilling confidence across the board. Although tempered after breaching the $106 threshold, …
US Dollar pulled back as investors took profits. Attention now turns to the upcoming PCE Price Index release for insights into US inflation The U.S. dollar, which had reached its peak since December, experienced a decline following yesterday’s release of U.S. economic data that failed to meet projections. Disappointing figures in the …
US Treasury yields continue to hit high levels, buoying by rate hikes expectations from the Federal Reserve. Gold dipped into six-and-a-half month low. The U.S. dollar continues its relentless ascent, fueled by soaring Treasury yields and expectations of Federal Reserve rate hikes. Recent data, including a robust uptick in U.S. Core Durable …
In the realm of U.S. equity markets, the dominant theme remains the Federal Reserve’s resolute hawkish stance, indicating an enduring era of monetary tightening. In the realm of U.S. equity markets, the dominant theme remains the Federal Reserve’s resolute hawkish stance, indicating an enduring era of monetary tightening. This posture has cast …
Global macroeconomic worries drive hedge funds and retail investors to shed stock leverage. In the global markets, prevailing macroeconomic concerns persist, even as U.S. equity markets managed modest gains in their recent session. Notably, hedge funds and retail investors are unwinding stock leverage at a pace unseen since the 2020 pandemic crisis …
Dear Valued Client, In regard to the recent PU Prime system upgrade, we are fully aware of its implication on the account opening and registration process. We are pleased to inform that all the systems and processes had been restored and fully functional. Hence, we encourage our clients to login into client …
The consistent hawkish tone from Fed officials has spurred investors to withdraw funds from the equity market at a rate not seen since December. U.S. equity markets, alongside their Asian counterparts, are grappling with headwinds following a challenging central bank week. The consistent hawkish tone from Fed officials, coupled with warnings of …
Dear Valued Client, PU Prime have recently completed a system upgrade on the following date and time. Client Portal / IB Portal: 23rd September 2023 between 03:00 AM (GMT+3) to 3:00 PM (GMT+3). PU Prime Applications: 23rd September 2023 03:00 AM (GMT+3) until 24th September 2023 03:00 AM (GMT+3). We are pleased …
The U.S. dollar remains steadfast above the $105 mark, while the domestic stock market experienced turbulence after the recent Fed Chair’s statement. The U.S. dollar remains steadfast above the $105 mark, while the domestic stock market experienced turbulence after the recent Fed Chair’s statement. Investors grappled with the implications of the Fed’s …
Thursday, 28 September, 15:00 – EU German CPI (MoM) (Sep) In August, Germany’s inflation remained stable, as indicated by the Consumer Price Index (CPI). Inflation in the eurozone remains elevated, and investors are concerned that additional rate hikes could potentially trigger a recession, further negatively impacting the country’s current economic situation. Thursday, …
Dear Valued Client, To ensure the continued performance, reliability, and security of our systems, PU Prime will upgrade its system on: Client Portal / IB Portal: 23rd September 2023 between 03:00 AM (GMT+3) to 3:00 PM (GMT+3). PU Prime Applications: 23rd September 2023 03:00 AM (GMT+3) until 24th September 2023 03:00 AM …
The Swing trading strategy is a popular trading method that aims to capture short- to medium-term price movements in the financial markets. Some of the reasons why traders choose to use swing trading strategies include the capability of generating more frequent profits from shorter-term price fluctuations within a broader market trend, and …
Awaiting the FOMC interest rate decision, the dollar index halts, reflecting market expectations of today’s announcement may bring a temporary pause. In the lead-up to today’s eagerly awaited FOMC interest rate decision, market volatility has remained relatively subdued. The dollar index maintains its position above the $105 mark, reflecting market expectations of …
Gold prices have been increasing since last Friday, driven by widespread market expectations that the Fed will maintain its interest rates in September. The Dollar Index has remained relatively stable but at a robust level above the $105 threshold. This steadiness aligns with the prevailing sentiment in the equity markets as investors …
The US dollar recently retreated as investors capitalized on upbeat US economic data where 97% anticipate interest rates will remain stable. The US dollar recently retreated as investors capitalised on upbeat US economic data before the Federal Reserve’s forthcoming policy meeting, where 97% anticipate interest rates will remain stable. Simultaneously, gold rebounded …
CFDs Are Great For Speculating On Price Movements But There Are Risks CFD trading allows you to speculate on the price movements of various financial instruments, such as stocks, indices, commodities, and currencies, with the added benefit of leverage. However, CFD, which is the short form of Contract For Differences, also carries …
The market worries that a 25 basis points rate hike by the European Central Bank might further hamper the already dim economic prospects within the Eurozone. Upbeat U.S. economic data, particularly Retail Sales and Initial Jobless Claims, ignited a rally in both the dollar index and equity markets. Investors are now bolstered …
Dear Valued Client, Please be advised that the trading hours of CHINA50.s will be optimised from 18th September 2023 onwards to further enhance the competitiveness and improve the trading environment. Please refer to the table below for adjustment:
The market’s relatively muted reaction suggests that this uptick in CPI had already been priced in. Yesterday’s U.S. CPI release showed a higher reading than both the forecasted number and the previous reading. However, it appeared that the market had already priced in this uptick in CPI, and there was a relatively …
Oil prices continued their upward trend driven by the OPEC monthly report forecasting a 3.3 million barrel per day shortfall in the 4th quarter. The dollar index remained stable near $104.5 as the market awaited the release of U.S. CPI data, causing fluctuations in the equity and gold markets due to speculation …
Wall Street closed higher before the release of the U.S. Consumer Price Index (CPI) scheduled for Wednesday at 15:30 (GMT+3). Bank of Japan (BoJ) Governor Ueda’s hawkish statements over the weekend have contributed to the strength of the Japanese Yen during the Asian morning session. Ueda mentioned that the Japanese Central Bank …
Pair trading is a versatile investment strategy that allows traders to take advantage of the relative price movements between two correlated financial assets. Whether you’re a beginner looking to understand the basics or an advanced trader seeking more sophisticated techniques, this comprehensive guide will walk you through the various aspects of pair …
BoJ Governor Ueda suggests that by year-end, sufficient data will be available to evaluate the sustainability of wage growth and inflation in Japan. Bank of Japan (BoJ) Governor Ueda’s hawkish statements over the weekend have contributed to the strength of the Japanese Yen during the Asian morning session. Ueda mentioned that the …
Understand The Difference Between CFDs And Shares Trading While both shares trading and trading CFDs allow you to profit from changes in stock prices, CFDs, which is the abbreviation for Contract For Differences, have several advantages over conventional shares trading. Brief Summary Of What Is a CFD The financial instrument known as …
The lower-than-expected initial jobless claims has reinforced the belief that the Federal Reserve may proceed with interest rate hikes. U.S. economic data released on Thursday has reinforced the belief that the Federal Reserve may proceed with interest rate hikes on September 20th. This sentiment was supported by lower-than-expected initial jobless claims and …
The Week Ahead: Week of 11 September (GMT+3) Wednesday, 13 September, 09:00 – UK GDP (MoM) (Jul) The rate improved to 0.5% from -0.1%, a sharp increase in the second quarter of the year. The manufacturing sector experienced a notably robust month, with significant growth observed in both the automotive industry and …
The Dollar index has traded steadily at around the $105 level as the market anticipates further monetary tightening by the Federal Reserve. The Dollar index has traded steadily at around the $105 level as the market anticipates further monetary tightening by the Federal Reserve. Short-term U.S. bond yields have surged past 5%, …
Position trading is a popular investment strategy that allows traders to take advantage of long-term market trends. By holding positions for extended periods, position traders aim to capitalize on significant price movements and maximize their investment returns. Unlike short-term trading or day trading, which focus on quick profits from short-lived price fluctuations, …
Dollar continues to edge higher, amid rising US Treasury yields. Oil prices surge as investors anticipate OPEC+ might extend its oil supply cut. The Dollar index has surged to its highest level since March, while the Dow Jones index closed lower for the third consecutive session. Several Federal Reserve governors have expressed …
Indices Trading Is Different From Stock Trading When it comes to trading, two popular options are stocks and indices. While they may seem similar at first glance, there are significant differences between the two that investors should be aware of. In this article, we will explore the factors that can affect the …
China’s equity market dropped, influenced by the decline of Caixin Services PMI reading, underscoring persistent challenges in China’s ongoing economic recovery. Last night, US markets observed Labor Day celebrations, resulting in a subdued environment across asset classes, marked by sideways trading. Conversely, China’s equity market experienced a morning session decline. The catalyst …
Nonfarm Payroll beat expectations, lifting the dollar. China reduced property down payments, boosting its equity markets. The latest Nonfarm Payroll report, released last Friday, exceeded market expectations with 187k jobs added, significantly higher than the previous 157k. This robust job data boosted the dollar by over 0.6%, while equity markets took some …
The Week Ahead: Week of 4 September (GMT+3) Tuesday, 5 September, 07:30 – AU RBA Interest Rate Decision (Sep) With inflation slowing from 5.4%in June to 4.9% in July, the RBA has opted to maintain its interest rate at 4.1%. This decision allows the central bank to evaluate the effects of previous …
Dollar strengthened as U.S. economic data including PCE and initial Jobless Claims better than than market expectation. The U.S. equity market’s winning streak ended as the Dow Jones closed about 0.5% lower due to mixed economic data. The Fed’s preferred inflation measure, the PCE index, matched market forecasts at 4.2%, while Initial …
Dear Valued Client, Please be informed that PU Prime will be having an upgrade on its MT4/MT5 servers between 02:00 hrs. (GMT+3) until 08:00 hrs. (GMT+3) on September 2. Access to MT4/MT5 accounts will not be available during the server upgrading period. We would also like to highlight that all orders would …
Downbeat U.S. economic data continue to hammer the dollar and is struggling to hold above $103 trajectory The United States continues to release disappointing economic data, leading to a further weakening of the dollar’s strength. The labour market’s cooling trend is evident as the ADP Nonfarm Employment Change figures declined to 177k, …
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: *All …
The decline in U.S. JOLTs Job Openings signals a cooling labor market, leading to a significant setback of nearly 5% for the dollar. In an unexpected turn, the U.S. JOLTs Job Openings report displayed a decline from its previous reading of 9.17 million to the current figure of 8.83 million, signalling a …
US equities advanced as the dollar’s vigor abated after Jerome Powell’s dovish tone at the Jackson Hole Symposium. US equities advanced as the dollar’s vigor abated after assimilating Jerome Powell’s Jackson Hole Symposium discourse. Powell’s subtly dovish tone vowed meticulous inflation management to foster risk appetite. Speculation also swirled around a softer …
In the dynamic world of financial markets, traders employ various strategies to capitalize on market opportunities. One such strategy is scalping, a technique that aims to exploit short-term price fluctuations to generate quick profits. In this article, we delve into the intricacies of the scalping strategy, its key principles, and considerations for …
The Fed chief has jointly reaffirmed his determination to combat inflation, which has strengthened the dollar. The Fed chief, along with the Deputy Governor of the BoE and the Chair of ECB, have jointly reaffirmed their determination to combat inflation until it remains consistently within the targeted range. This Hawkish stance has …
Before the release of the Jackson Hole Economic Symposium, the dollar surged impressively due to the positive initial jobless claims data. In anticipation of Jerome Powell’s address at the Jackson Hole Economic Symposium today, the dollar surged impressively by over 0.6% yesterday, propelling the dollar index to a current trading position above …
The Week Ahead: Week of 28 August (GMT+3) Tuesday, 29 August, 17:00 – US JOLTs Job Openings (Jul) The market had anticipated a June reading of 9.610 million, but the actual figure fell slightly short of expectations, registering at 9.582 million. Given the current tight labour market conditions, this reading is seen …
Investor enthusiasm for risk-taking declined after technology-driven gains on Monday. Investor enthusiasm for risk-taking experienced a swift decline following a day of technology-driven gains on Monday in the U.S. stock market. Investors are now eagerly awaiting Nvidia Corp’s results, hoping for a surge in excitement around artificial intelligence. As the Jackson Hole …
The New Zealand dollar has declined and cannot recover due to China’s ongoing struggles in stimulating its economy. The Chinese stock market remains in a downward trend, primarily influenced by challenges within the property sector and limited Chinese economic stimulus efforts. The recent bullish oil prices have also hindered the much-worried Chinese …
Are you a beginner trader eager to dive into the world of trading strategies? This comprehensive guide is here to equip you with the essential knowledge needed to navigate the exciting yet challenging realm of trading. Understanding various trading strategies is crucial for achieving success and maximizing profits. In this ultimate guide, …
The Chinese government’s decision to modestly reduce the short-term loan rate has disappointed the market. Asian stock markets are on track for a weekly decline, partly influenced by China’s economic challenges and the prevailing global high-interest rate environment. A notable increase in the global government bond yield, reaching a level not seen …
Asian stock markets are on track for a weekly decline, but global government bond yields increased, reaching a level not seen in 15 years. Asian stock markets are on track for a weekly decline, partly influenced by China’s economic challenges and the prevailing global high-interest rate environment. A notable increase in the …
The Federal Open Market Committee (FOMC) meeting revealed that inflation may remain elevated. The dollar stands fortified after the release. The Chinese stock markets, including the Hang Seng index, are grappling with downward pressure due to investor pessimism surrounding the Chinese economy. Adding to these concerns, the release of the Federal Open …
Dear Valued Client, PU Prime will update the symbol of Indices CFDs products effective from 4th September 2023. Kindly refer to the table below outlining the affected instruments: Please note the above data are subject to changes. Kindly refer to MT4/MT5 for details. Important Note: • Live Account: For clients with open positions …
Following the release of increased US Retail Sales data, the U.S. equity market experienced a decline as investors leaned towards a hawkish Fed policy stance. Last night, the spotlight was on U.S. retail sales data, which surpassed market expectations by coming in at 0.7%, an improvement from the previous figure of 0.3%. …
The surprise interest rate cut by the People’s Bank of China has sparked apprehensions within the market. China has taken an unexpected decision to reduce its interest rate as a measure to invigorate its persistently subdued economy. The action, carried out by the People’s Bank of China, has sparked apprehensions within the …
Chinese equity markets are grappling with selling pressures due to the nation’s escalating property concerns, which have cast a shadow over market sentiment. Chinese equity markets, including the Hong Kong stock market, are grappling with selling pressures due to the nation’s escalating property concerns, which have cast a shadow over market sentiment. …
Day trading, the art of buying and selling financial instruments within a single trading day, offers fast opportunities and exhilarating market participation. However, navigating the volatile and fast-paced nature of day trading requires a well-defined day trading strategy. In this guide, we will explore the best day trading strategies that can help …
The Week Ahead: Week of 14 August (GMT+3) Tuesday, 15 August, 15:30 – US Retail Sales (MoM) (Jul) In May, US Retail Sales showed a 0.2% increase on a monthly basis, falling short of the anticipated 0.5%. Nevertheless, there’s a silver lining as May’s figures were revised upwards from 0.3% to 0.5%, …
As the anticipation builds for releasing the Consumer Price Index (CPI) today, the U.S. equity markets maintain their downward trajectory. As the anticipation builds for releasing the Consumer Price Index (CPI) today, the U.S. equity markets maintain their downward trajectory. The market speculation is rife, with expectations suggesting a modest uptick in …
Moody’s decision to downgrade select U.S. banks triggered selling pressure in the U.S. stock market. Moody’s decision to downgrade select U.S. banks, citing escalating financial risks, triggered selling pressure in the U.S. stock market last night. The situation worsened as China unveiled its Consumer Price Index (CPI) and Producer Price Index (PPI) …
Range trading is a popular strategy utilized by financial traders to profit from price fluctuations within a defined range. By identifying key support and resistance levels, traders can strategically enter and exit trades, capitalizing on the market’s oscillations. In this comprehensive guide, we will delve into the intricacies of range trading. What …
U.S. equity markets resurge as Warren Buffet’s Berkshire Hathaway and Amazon Inc. showcase impressive climbs. U.S. equity markets embraced a resurgence yesterday, effectively putting an end to their four-day losing spell. Notably, Warren Buffet’s Berkshire Hathaway reached an unprecedented pinnacle, while Amazon Inc. showcased an impressive climb of over 10% within the …
The unemployment rate in the U.S. improved to 3.5%, but the Nonfarm Payroll saw a reduction to 187k, resulting in slightly easing the dollar. Last Friday, the United States experienced a blend of economic indicators. The unemployment rate in the country improved to 3.5%, but the Nonfarm Payroll saw a reduction to …
The Week Ahead: Week of 7 August (GMT+3) Tuesday, 8 August, 09:00 – EU German CPI (MoM) (Jul) In June, inflation rebounded, rising by 0.3% month-on-month, matching the preliminary figure. Currently, the market is anticipating the preliminary release of Germany’s Consumer Price Index (CPI) for July to stay at 0.3%. Following the …
The Bank of England (BoE) delivered a 25 bps rate hike, with the BoE governor emphasising that the policy will remain tight. The dollar’s ascent of nearly 1% in August was further bolstered by the U.S. credit rating downgrade, pushing it close to the $103 threshold. However, yesterday U.S. economic data has …
U.S. equity markets declined after Fitch’s downgrade of U.S. treasuries. Last night, the financial market witnessed significant turbulence as Fitch’s downgrade of U.S. treasuries sent shockwaves. U.S. equity markets experienced a sharp decline, with Nasdaq leading the losses with a plunge of over 2%. Simultaneously, the U.S. 10-year bond yield surged to …
The announcement of Fitch has downgraded U.S. treasuries immediately affected gold prices. Fitch, the U.S. credit rating agency, has downgraded U.S. treasuries from their pristine AAA rating to AA+. The implications for the dollar remain to be seen, but the announcement immediately affected gold prices, which quickly surged by nearly 0.3%. In …
Market analysts project a 25 basis point rate hike from the RBA, but positive economic data may lead to a rate hike pause. All eyes are on the Reserve Bank of Australia (RBA) as investors eagerly await the announcement of their interest rate decision, scheduled for later today. Market analysts have projected …
Dear Valued Client, Please be advised that the following instruments’ trading hours and market session times will be affected by the upcoming August holidays. Please refer to the table below outlining the affected instruments: * All hours are provided in GMT+3 (Server Time in MT4/MT5.) Please note that in the event of …
After the release of the U.S. PCE data, equity markets responded positively, with Asian markets sharing the upbeat sentiment. Last week’s release of the U.S. PCE data sparked optimism in the market, fueling demand for risky assets on expectations of further inflation moderation. Equity markets responded positively, with Asian markets sharing the …
Japanese yen strengthened against majors. BoJ to discuss potential YCC strategy adjustments, sparking market speculation. The Japanese yen displayed strength against its major counterparts last night. The market buzzed with speculation as the BoJ unveiled plans to discuss potential adjustments to its yield curve control (YCC) strategy. Speculators opine that the central …
The Week Ahead: Week of 31 July (GMT+3) Tuesday, 25 July, 17:00 Tuesday, 1 August, 07:30 – AU RBA Interest Rate Decision (Aug) In July, the Reserve Bank of Australia chose to keep the rate unchanged with a current rate of 4.10%. The Reserve Bank of Australia’s (RBA) decision to pause rate …
After the announcement, gold and oil prices climbed as the U.S. dollar weakened, making them more attractive. The Federal Reserve delivered as anticipated, implementing a 25 bps rate hike that propelled the interest rate to its highest level in 22 years. With the benchmark rate now residing within the range of 5.25% …
Investors await the Fed’s interest rate decision, to be released today at 21:00 (GMT+3). If the rate is raised from 5.25% to 5.5%, it will mark the highest level in 22 years. Investors’ unwavering attention is fixed on the Fed’s interest rate decision, eagerly awaiting its release later today. With market speculations …
Japanese yen weakens as officials state no immediate plan to modify ultra-loose monetary policy. This week, major central bank decisions will be in focus, including the Fed’s rate announcement on Wednesday and the ECB’s on the following day. Investors will closely watch the CB Consumer Confidence released on Tuesday for insights into …
U.S. dollar surged more than 0.5% triggered by optimistic job data in the U.S. Asian equity markets faced declines, influenced by the U.S. equity market’s disappointing earnings results. Last night, Nasdaq experienced a substantial drop of over 2%, marking its most significant single-day decline since March. Conversely, the U.S. dollar displayed strength, …
The Week Ahead: Week of 24 July (GMT+3) Tuesday, 25 July, 17:00 US CB Consumer Confidence (Jul) Despite the Federal Reserve’s efforts to curb inflation through interest rate hikes, the U.S. economy maintains positive performance. Consumer confidence reached its highest level in June, rising from 102.5 to 109.7. However, Dana Peterson, Chief …
Sterling experienced a sharp drop of nearly 1% following the release of CPI data. Last night, the dollar index surpassed $100 following the release of CPI data for both the UK and Eurozone; as the Sterling experienced a sharp drop of nearly 1%, while the euro also showed a slight decline. The …
Strong quarter results from US banks spark optimism in US equity market. Strong quarterly results from Wall Street banks, Microsoft, and other major corporations fueled the US equity market’s upward momentum, while lacklustre economic data led to a dip in US treasury yields, signalling expectations of a more cautious stance by the …
The financial market was relatively calm last night ahead of the release of U.S. retail sales data scheduled for later at 15:30 (GMT+3). The financial market experienced a relatively calm session last night as investors awaited the release of U.S. retail sales data scheduled for later today (18th July). Major currency pairs …
The latest release of China’s second-quarter GDP has fallen short of market expectations which has exerted upward pressure on oil prices. Investors are wagering that the upcoming rate hike in July will mark the end of the tightening cycle, yet Federal Reserve officials are keeping their options open for a potential increase …
The U.S. dollar continues to decline, breaking below the key psychological support level of $100. The release of lower-than-expected CPI data on Wednesday has significantly impacted the financial market. The equity market has extended its gains, while gold prices have risen by over 1.5% following the data release. Conversely, the U.S. dollar …
US CPI released yesterday showed a two-year low inflation rate of 3%, leading to a decline in the US dollar. Yesterday’s release of the U.S. Consumer Price Index (CPI) revealed that the country’s inflation had reached a two-year low of 3%, lower than the previous reading and the forecasted figure. As a …
Major central banks tightening policies, boosts Japanese Yen. The Japanese Yen has reached its highest level in a month, surpassing the 140 mark against the U.S. dollar. This surge is attributed to the growing concerns of a global economic downturn due to major central banks tightening their monetary policies to combat persistent …
Markets are now assessing the hawkish outlook against visibly cooling inflation Several Federal Reserve officials have expressed the view that interest rates need to be raised further this year in order to bring inflation back to the targeted rate of 2%. Despite this hawkish sentiment from the Fed, the market is inclined …
市场须知 多位美联储官员表示，今年需要进一步加息，以使通胀率回到2%的目标水平。尽管美联储态度强硬，但市场倾向于认为最新经济数据表明美国通胀正在放缓，美联储货币紧缩周期已接近尾声。结果，美元价值和美国国债收益率一直在下跌，而油价则因美联储将摆脱高利率环境的预期而受到提振。与此同时，投资者热切期待明天（7 月 8 日）公布的美国消费者价格指数（CPI），以衡量美联储未来的货币政策决策。 市场看点 当前对 7 月 26 日美联储利率决定的加息押注： Source: CME Fedwatch Tool 0个基点 (11%) 对比 25 个基点 (89%) 市场概括 财经日历 市场走势 美元指数， H4 在美联储官员强调有必要进一步加息以应对通胀、同时暗示当前紧缩周期即将结束后，美元大幅下跌。美联储负责监管的副主席巴尔(Michael Barr)表示，美联储可能在今年两次加息后，未来的紧缩货币政策将会结束。然而，货币政策仍未确定，因此投资者必须持续关注未来的经济发展以获得更准确的交易信号。 美元指数目前正在测试支撑位。然而，MACD指标显示看跌势头减弱，而相对强弱指数在31，暗示该指数可能进入超卖区域。 阻力位：102.50，103.35 支撑位：101.95，101.05 黄金/美元，H1 黄金价格在关键的1930美元阻力位附近停滞不前，投资者等待关键的经济数据，特别是6月份的消费者价格指数(CPI)数据。对月度物价压力上升的预期加剧了对通胀的担忧，增加了美联储(Federal Reserve)在即将召开的7月货币政策会议上加息的可能性。92%的投资者预计会有这样的举动，市场波动是意料之中的，因此交易要谨慎。 黄金价格目前在阻力位附近持平。MACD指标显示看涨势头增强，而相对强弱指数在56，暗示该商品在成功突破后可能会走高，因为相对强弱指数保持在中线上方。 阻力位：1930.00，1950.00 支撑位：1910.00，1895.00 欧元/美元， H4 明天美国消费者物价指数 (CPI) 公布前，美元进一步走软，汇价自去年 5 月以来再次触及 1.100 点。尽管几位美联储官员口气强硬地敦促加息，以将通胀率降至央行支持的水平，但市场正在根据经济数据做出相应反应。 CPI已较峰值减半，而就业数据显示劳动力市场正在宽松，这导致市场认为美联储的货币紧缩周期已接近结束。投资者密切关注明天公布的CPI，以衡量美联储下一步的政策举措。 欧元/美元交投强劲，突破心理阻力位 1.100。 RSI 继续上升并接近超买区域，而 MACD …
The Week Ahead: Week of 10 July (GMT+3) Tuesday, 11 July, 09:00 – EU German CPI (MoM) (Jun) The June preliminary release of the Consumer Price Index (CPI) in Germany increased by 0.3% compared to the previous month. This persistent rise indicates that the country still has a significant challenge ahead in …
FOMC meeting minutes spark demand on the US Dollar Last night’s release of the FOMC meeting minutes revealed a divergence of opinions among Fed officials, with the majority committed to further rate hikes in their ongoing battle against persistent inflation. The Fed is expected to continue its rate hike cycle this month, …
Market participants remained relatively calm, eye on several crucial data including Non-Farm Payroll (NFP) The market was surprised when the RBA decided to keep rates unchanged yesterday. The Australian central bank emphasized a data-dependent strategy and indicated potential future tightening if necessary. Oil prices slightly increased as Saudi Arabia unilaterally reduced production, …
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: *All …
Cooling inflation has given hopes to the equity markets and weighed on the dollar The US Dollar has strengthened significantly as economic data exceeded expectations, bolstering confidence in the currency. Furthermore, the robust performance of the banking sector has ignited positive momentum in the US equity market. The Federal Reserve’s stress test …
The trend trading strategy is a popular strategy employed by many traders seeking to capitalise on sustained price movements in the financial markets. By learning how to identify market trends and adhering to these trends, traders aim to ride the wave of momentum and potentially generate profitable trades. In this article, we …
Fed’s hawkish tone continues to spark rate hike expectations, US Dollar extend its bullish momentum. The global financial landscape is being marked by shifting monetary policies and concerns over inflationary pressures. Federal Reserve Chairman Jerome Powell’s hawkish tone has injected confidence in the US dollar, as market expectations for a rate hike …
Hike expectations have also increased across other central banks as the focus shifts back to inflation Markets have increased the probability of the Federal Reserve raising interest rates, a sentiment also applied to other major central banks worldwide, including those of the U.K, Switzerland, and Norway. Furthermore, U.S. Treasury Secretary Janet Yellen …
Breakout trading strategy has gained significant popularity among traders seeking to capitalize on powerful price movements in financial markets. By identifying key breakout points, traders can ride the wave of momentum and potentially increase their chances of success. In this comprehensive guide, we will explore the ins and outs of a breakout …
On the first day of Jerome Powell’s two-day testimony before the House, the Federal Reserve Chair delivered a semi-annual monetary policy report. The equity markets and the dollar both experienced declines as Powell took a hawkish stance, stating that the central bank would need to raise interest rates further to curtail U.S. …
Fed Chair Jerome Powell is due to give his twice-yearly testimony before congress today The market is exhibiting cautious sentiment as it edged lower in anticipation of Fed Chair Jerome Powell delivering his semi-annual monetary policy report before the House today (21st June). Investors closely scrutinise this two-day testimony to gain insights …
Additionally, China has announced its first reduction in the benchmark lending rate in 10 months, a move that could provide support for oil prices. Last night, the U.S. Secretary of State met with the Chinese President and expressed satisfaction with the accomplishments of their trip. This positive development in bilateral relations has …
Improved relationships between the US and China could potentially lead to the equities markets surging Equities in the U.S. contracted last Friday after a bullish run in the past week with Nasdaq up by more than 3%. Notably, U.S. Secretary of State Anthony Blinken’s visit to China, including meetings with top diplomats …
The Week Ahead: Week Of 19 June (GMT+3) Monday, 19 June, All Day – US Juneteenth During the upcoming US holiday, the market is expected to be relatively calm, and it may be a suitable time for investors to take a break. Wednesday, 21 June, 9:00 – UK CPI (YoY) (May) In …
The U.S. equity market witnessed a notable rally as investors expressed optimism about the possibility of the Federal Reserve pausing the rate hike The U.S. equity market witnessed a notable rally as investors expressed optimism about the possibility of the Federal Reserve pausing the rate hike, with the decision scheduled to be …
Dollar movement remains muted as investors await inflation data as well as the upcoming FOMC meeting The upcoming week is expected to be quite busy for investors, as significant events are anticipated to have a profound impact on the market. The U.S. Consumer Price Index (CPI) will be released on Tuesday, setting …
High jobless claims have weighed on the dollar and thrown a wrench into the market outlook on the Fed’s hiking schedule U.S. initial jobless claims recorded the highest level since October 2021, confusing the market which previously speculated the Fed might follow the footstep of RBA and BoC to raise rates next …
After the rate hikes by the Canadian central bank and the RBA, the Federal Reserve is now under pressure to consider raising interest rates. Despite the prevailing risk of an economic downturn in Australia, the RBA surprised the market by adding another 25 bps to its interest rate, vowing to bring the …
The dollar’s value experienced a decline, falling below $104 following the release of disappointing U.S. service PMI data. The reading dropped from 51.9 to 50.3, prompting the market to reconsider the possibility of the Federal Reserve pausing its interest rate hike in June. Investors are currently awaiting the announcement from the Reserve …
The Popularity Of Indices Trading Strategies Trading indices is a popular way for investors and traders to gain exposure to the overall performance of a market or specific sector. Indices track the performance of a group of stocks, providing a convenient and cost-effective way to invest in a basket of stocks rather …
What Are Indices Trading And Forex Trading Indices trading and forex trading are both types of financial trading, but they involve different assets and markets. Forex trading, on the other hand, involves buying and selling currencies which involves forex traders speculating on the future movement of one currency against another. Indices trading, …
Markets are now risk-on after the US Nonfarm Payrolls reported a much higher-than-expected increase in jobs. In response to impressive non-farm payroll figures, the US Dollar surged, buoyed by renewed market optimism surrounding the US economic progression. NFP in May saw a remarkable increase of 330,000 jobs, surpassing expectations and outpacing the …
Over 70% of punters are now betting on a hike pause at the upcoming FOMC meeting The focus of attention is currently directed towards the U.S. Senate, where the passage of the debt limit is being closely observed. Concurrently, senators are engaged in debates concerning 11 amendments to the bill. The value …
Content: What Is Risk Management In TradingAssessing and Identifying Trading RisksMinimising Psychological Risks in TradingSetting Trading Goals And Risk ToleranceRisk Management With Order TypesOther Strategies For Risk Management In TradingMonitoring And Adjusting Risk Management StrategiesHow Stop-out And Margin Can Affect Your TradesShort-Term vs. Long-Term Risk Management In Trading What Is Risk Management …
Optimizing Your Trading Potential Leverage and Margin Requirements play a crucial role in the world of leveraged trading. They allow traders to control larger positions in the market with a smaller amount of capital. However, it’s important to fully grasp these concepts and their implications before venturing into leveraged trading. What Is …
Dear Valued Client, Please be advised that the leverage on certain forex products will be adjusted starting from 5th June 2023 to further optimize the competitiveness and improve the trading environment. Please refer to the table below for adjustment: *All dates are provided in GMT+3 (Server Time in MT4/MT5.) If you have …
Uncertainty Remains In The Markets As Both Political Parties In The U.S. Continue With Their Discourse Around The Debt Ceiling Issue The bill regarding the U.S. debt limit has successfully cleared its first obstacle at the House Rules Committee, but it now faces another challenge in Congress. Ahead of the bill’s debate …
Market participants are now eagerly waiting for the conclusion of a debt ceiling deal in congress Global markets experienced a mixed landscape as Western holidays provided a sense of calm for dollar-related currencies. In contrast, Asian markets saw a surge in positive sentiment, driving the Nikkei index to its highest level in …
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: *All …
Markets Risk-on After Positive U.S. debt Ceiling Deal Boosted The Dollar The US Dollar continued its impressive rally, buoyed by the optimistic prospects of a tentative debt ceiling deal between President Joe Biden and top Republican Kevin McCarthy. The deal aims to avert a potentially catastrophic default, boosting investor sentiment. Concurrently, the …
Shares for NVDA surged after a better-than-expected earnings report forecast for 2024’s first quarter Nvidia reported better-than-expected earnings for its fiscal 2024 first quarter, which led to a 26% surge in shares during extended trading. The company’s adjusted EPS was $1.09, surpassing the estimated 92 cents, and revenue amounted to $7.19 billion, …
Fitch has threatened to lower the US’ AAA rating as the debt ceiling issue remains at an impasse Wall Street slid as well as the Asian stock markets as the worries over the debt ceiling escalated when the time was getting closer to the X-date. Meanwhile, the dollar strengthened to its highest …
The dollar has its highest since March as Fed meeting participants lean hawkish even as punters expect a hike pause in June. Important this week: the Fed meeting minutes released on Wednesday and more updates on the U.S. debt ceiling talks. The minutes for the Fed’s May 2-3 meeting was released yesterday, …
Trading indices is known to be a valuable way for traders and investors to diversify their portfolios and gain exposure to a broad range of financial markets. Indices, also referred to as stock market indices or index funds, are collections of assets or instruments that represent a particular segment of the market …
The Biden-McCarthy meeting on the debt-limit bill has yet to yield any deal to avert a catastrophic U.S. default, with U.S. Treasury secretary warning that the country will run out of cash in June. Market sentiment worsened as the White House has no more meetings planned; and gold prices have rebounded due …
Both President Biden and the House Speaker claimed that yesterday’s meeting on the debt-limit bill has a productive outcome but both parties are yet to come to an agreement. Meanwhile, U.S. treasury secretary Janet Yellen, reiterated that the department will run out of cash in early June. The dollar index has strengthened …
After a brief setback in debt ceiling talks, US President Joe Biden is set to resume discussions with Kevin McCarthy President Biden is scheduled to resume discussions on the debt limit with House Speaker Kevin McCarthy on Monday, following his participation in the G-7 Summit. The dollar index reached its highest level …
House Speaker Kevin McCarthy was optimistic that congressional negotiators could reach a deal to raise or suspend the debt ceiling in time. The focus on resolving the debt limit issue overshadowed macroeconomic data as the June 1 deadline approached. McCarthy’s positive outlook came after a meeting at the White House and the …
The dollar has hit a 7-week high after significant progress on the debt ceiling bill has been reached. Macroeconomic data has taken a backseat as the U.S. nears its 1 June debt ceiling deadline as outlined by Treasury Secretary Janet Yellen. Unlike the hard data of economic releases, this is a political …
President Biden is confident in reaching a bipartisan agreement with congressional leaders to elevate the debt ceiling, effectively averting an unprecedented default situation for the United States. This development has sparked a wave of optimism, prompting the dollar to trade higher, while the safe haven commodity gold languishes amid the surge in …
Investors are rotating out of gold en masse on optimism surrounding the U.S. avoiding a default Both President Biden and House Speaker Kevin McCarthy struck an optimistic tone regarding the prospects of reaching a consensus to raise the national debt ceiling and avert a potentially catastrophic default on the debt. As a …
US Treasury Secretary Janet Yellen has once again emphasised the need to pass the debt ceiling bill before June 1, warning that failure to do so could result in the federal government running out of cash to meet its obligations. President Biden is set to hold a meeting with congressional leaders today …
A bounce in the U.S. dollar has put downward pressure on oil and gold prices Equity markets were stagnant while the dollar has strengthened, driven by hawkish comments from various Fed officials stressing high inflation in the U.S. On the other hand, President Joe Biden and the country’s congressional leaders are going …
Elon Musk announced on Thursday that he was stepping down as CEO of Twitter and moving to a product and technical role. Shares of Walt Disney Co fell over 8% after it reported a surprising drop in streaming subscribers, resulting in worries that the company may have sacrificed growth to stem losses. …
Understand The Intermarket Correlations Across Different Asset Classes And Role Of ETFs As an investor or trader, understanding how various asset classes relate to each other is critical to make informed investment decisions, build diversified portfolios, and manage risk. Asset class correlation refers to the extent to which the prices of different …
Investor sentiment has taken a hit in the market following the postponement of a meeting between U.S. President Joe Biden and the House Speaker to address the looming debt ceiling crisis. The Biden administration is under pressure to pass the debt ceiling bill by June to avoid a potential default on the …
Ahead of the release of U.S. CPI, the markets remain subdued as most asset classes saw little change overnight. As investors await the U.S. Consumer Price Index (CPI) and monitor the development of the U.S. debt ceiling, the markets remain subdued. Most of the asset classes saw little change overnight ahead of …
Responsibilities & Duties Responsible for transactions processing Monitor the correct workflow (deposit/ withdrawal process in internal systems) Responsible for communication and coordinate with different departments Responsible for customer relationship management: coordinate with client’s orders, payments and issue resolution Handle customers’ inquiries regarding payments Prepare reports and analysis Requirements University/ college degree in …
Responsibilities & Duties Assist the SEO team to drive all SEO activity to improve key metrics and deliver meaningful return on investment Amending SEO elements within the CMS will be a significant part of the job so you must be comfortable making basic CMS changes Undertake in-depth keyword research with the goal …
Responsibilities & Duties Design and develop pricing and risk components for multiple asset classes, including forex, indices, commodities, shares and other derivatives Partner with other key groups: business operations, product development and the other IT teams. And ensure products are implemented efficiently and meet the demands both internally and externally and addressing …
The markets are quiet before the U.S. CPI released on Wednesday (10th May). U.S. equity markets moved sideways while the dollar index and gold prices have little change as the market is digesting the renewed banking sector risk as well as developments regarding the U.S. debt ceiling. On the other hand, Australia …
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: *All …
The Non-Farm Payroll (NFP) reading was in line with expectations, showing a substantial increase from the previous reading of 165,000 to 253,000. This suggests that the job market in the United States remains strong, indicating a robust economy. The equity market responded positively to this economic data and closed higher, resulting in …
Geoffrey Hinton, who is famously known as “The Godfather of AI,” resigned from his part-time role at Google and cautioned the world about the potential danger of AI. Geoffrey Hinton, also known as “The Godfather of AI,” resigned from his part-time position at Google and warned the world about the potential threat …
Dear Valued Client, Please be advised that the leverage on certain forex products will be adjusted starting from 8th May 2023 to further optimize the competitiveness and improve the trading environment. Please refer to the table below for adjustment: *All dates are provided in GMT+3 (Server Time in MT4/MT5.) Please note: The …
Renewed fears about the banking crisis have caused investors to turn risk-off even as gold hits a new high While investors are still digesting the recent rate hike by both the Fed and the ECB, the equity markets continue to slide with the renewed banking turmoil. Several regional banks in the US …
Indices trading can provide several benefits to traders, which includes allowing diversification of trade, access to multiple major markets and cost effectiveness. Find out exactly what indices trading is and how to trade indices in this comprehensive guide. What Are Indices Indices are key indicators in the financial markets, serving as a …
The dollar has dipped on dovish expectations and downward pressure on the economy Federal Reserve Chairman Jerome Powell announced yesterday that the central bank would deliver its 10th consecutive interest-rate hike of 25 basis points, bringing the Fed rate to 5.25%, its highest level since 2007. Powell also hinted that the Fed …
Dear Valued Client, We are pleased to announce that PU Prime will launch new product of Forex on 08th May 2023 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 …
Markets are widely expecting a 25-point hike at the upcoming Fed meeting The U.S. financial markets experienced much-needed stabilisation after JP Morgan’s acquisition of First Republic bank, the latest financial institution to fail. This development has lifted the U.S. equities markets, with Asian markets also opening higher after returning from the labour …
To improve its financial condition, the bank’s management considered selling assets worth between $50 billion to $100 billion In Q1 2023, First Republic Bank experienced a significant decrease in its revenues, net profit, and deposits. Customers withdrew over $100 billion in deposits, causing a 50% drop in FRC shares in just one …
Markets now hang in balance with the future of First Republic Bank on contagion concerns Wall Street’s gained at the end of last week as investors waited for news on a bid for First Republic Bank. Japanese and Australian stocks edged higher, while U.S. futures were broadly flat in early Asian trading …
The euro has received a boost from a combination of hawkish guidance from the ECB and positive economic data in the region The Euro stole the spotlight as it surged to a record high following Germany’s upward revision of its economic growth forecast for 2023. The move is reinforced by positive indicators, …
Markets are risk-off due to fear of contagion from First Republic Bank’s imminent collapse Earnings season is ramping up, with results have been much better than market’s expectations. Tech stocks are leading with a 0.64% increase in the Nasdaq on Wednesday. Meta shares shot up 12% after the company posted an earnings …
A probable bank run and a far lower-than-expected drop in deposits have prompted market participants to turn to safe havens First Republic Bank’s disappointing first-quarter results with a significant plunge in deposit levels, had raised concerns about the bank’s financial health. This triggered a risk-off sentiment, driving the CBOE Volatility Index to …
Content: What Are CFDs?What Are The Advantages Of CFDs?What Are The Risks Of Trading CFDs?What Does Going Long Or Short Mean In CFD Trading?What Are The Costs And Fees Incurred In CFD Trading?Leverage In CFD Trading ExplainedMargin In CFD Trading ExplainedCFD Trading Strategies Contract For Differences (CFDs) are financial contracts that enable …
With a 25-point hike already priced in for the dollar, investors have turned to the ECB’s hawkish outlook to price the euro The US Dollar slipped to a one-week low as investors pondered the Federal Reserve’s monetary policy ahead of next week’s meeting, where a rate hike is expected. Uncertainty lingers, with …
The economic resilience of the world’s second-largest economy will be headwind for oil prices China’s Q1 GDP grew by 4.5%, exceeding expectations of a 4.0% expansion and marking the fastest pace of growth since Q1 2022. On a quarter-by-quarter basis, the GDP grew by 2.2% in Q1, compared to a revised 0.6% …
The U.S. is trading flat as the markets prepare for potential uncertainty ahead of GDP and inflation figures The King Dollar is trading flat as market participants prepare for potential uncertainties. The upcoming release of GDP figures, core PCE price index, and employment cost index are critical for global investors. Meanwhile, the …
Dollar weakness has leant support to the precious metal, which has climbed back to the near-2000 mark U.S. equities took a hit as concerns over corporate earnings weighed heavily on investor sentiment, a sentiment that spilled over into Asian markets. The market’s risk appetite has contracted due to fears of a possible …
USD remains elevated even as the economy shows signs of weakening The U.S dollar saw a bounce on Monday after a sustained dip on the back of signs of easing inflation and the recent bank stress. Resilient retails sales, optimistic earnings in Wall Street, and hike-signalling from the Fed have caused the …
The US Dollar is uncertain due to recent hawkish comments by Atlanta Fed President Raphael Bostic and James Bullard on rate hikes. The US Dollar continues to struggle as uncertainty over US monetary policy lingers in the global financial market. Despite hawkish comments from Atlanta Fed President Raphael Bostic and James Bullard …
Economic growth in the world’s second-largest economy will be bullish for oil prices China’s freshly released economic data has shown resilient growth in the country compared to the previous quarter. China’s GDP in the first quarter surged to 2.2% from the previous quarter’s 0%, a favourable sign that could potentially stimulate higher …
Alibaba Cloud has unveiled its AI chatbot, Tongyi Qianwen The Chinese tech giant, Alibaba Cloud, unveiled an AI-driven chatbot Tongyi Qianwen that will gradually become available across all Alibaba products, from enterprise communication to e-commerce, in the coming period. The chatbot will possess Chinese and English language capabilities and will be initially …
The US Producer Price Index came in lower than expected The US Federal Reserve’s rate hike expectations have continued to wane amid a flurry of lacklustre economic data. The latest blow to inflationary pressures came from the Producer Price Index (PPI) released by the Bureau of Labor Statistics, which displayed a significant …
On Wednesday, 12 April, the U.S. CPI data was released, showing that March’s headline inflation in the U.S. slowed more than anticipated, with the year-on-year number showing a drop from 6.0% in February to 5.0% in March; lower than the expected 5.2%. The monthly rate decreased to 0.1% from 0.4%, which was …
Economists project the upcoming U.S. CPI figures will galvanise the markets in either direction depending on its performance U.S. equity markets have traded in low volatility for the past few sessions, but economists project the lull period will be broken after the U.S. CPI is released later today. A softer reading from …
The market has a higher risk tolerance, with U.S. equity markets edging higher and the dollar extending its gain for the 2nd straight session. On the other hand, notwithstanding a dovish stance from the newly appointed BoJ governor, economists projected that the ultra-loose monetary policy is unsustainable with the rising inflation in …
The markets remained clueless after releasing mixed signals in the U.S. economic data last Friday. Last Friday, U.S. economic data gave mixed signals, leaving the markets clueless, especially on the upcoming Fed’s monetary policy. The Non-Farm Payroll decelerated to 236k but is in line with the market consensus. However, the country recorded …
Asian markets were mixed as investors digested a US labour report showing a drop in job openings to their lowest level in almost two years in February. New Zealand’s central bank increased its benchmark cash rate by 50 basis points to 5.25%, causing the New Zealand dollar to strengthen by almost 0.9%. …
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: *All …
Most of the asset classes were muted ahead of the Nonfarm Payroll report which will be released today; Markets seemed confused and contradictory between asset classes with the backdrop of high inflation and recession fears. Assets class, including equity markets, the U.S. dollar, gold, stayed flat on Thursday amid directionless trading. On …
On Wednesday, 8 March, the U.S. ADP Nonfarm Employment Change data for February was released, coming in at a lower-than-expected 145,000 against the expected 200,000 and down from January’s figure of an upwardly-revised 261,000. This is the latest in a string of cooling data showing that the Fed’s aggressive tightening regime might …
Recession fears have escalated in the markets, especially after the ADP Nonfarm payroll was released yesterday. The dollar index traded higher, and gold prices poised at a yearly high as safe-haven assets are being sought after by investors amid a recession looming with a lower-than-expected U.S. job report. On top of that, …
Evidence of a weakening U.S. economy has led investors to rotate out of the dollar Although a hawkish statement from Cleveland Fed President Loretta Mester advocated for sustained rates above 5%; the market is struggling with the resurgence of banking fears. The newly released economic data, including the manufacturing PMI and JOLTs …
Dear Valued Client, PU Prime would like to remind you that we have recently completed a server upgrade to provide an enhanced trading environment for all our clients. The upgrade was carried out on 18 March 2023, from 00:00 hrs. (GMT+3) until 05:00 hrs. (GMT+3). As a result of the upgrade, the …
OPEC+’s surprise production cut has roiled Asian the equity markets U.S. equity markets continue to be bullish, with market sentiment continuing upwards after the banking sector woes. Asian markets saw mixed performance due to inflationary worry after a surprise move from OPEC+. The oil cartel further cut production by more than 1 …
Oil prices surged by more than 8%, with WTI crude trading above $81 for the first time since January after an unexpected announcement from OPEC+ to cut crude supply to tighten the market. The oil allies announced cutting more than 1 million barrels of oil per day, with Saudi Arabia leading the …
Oil prices surged at the beginning of the week after OPEC+ unexpectedly announced crude output cuts that could tighten the market, causing inflationary concerns for the global economy. The cuts, which will exceed 1 million barrels a day, were not expected by traders who anticipated output to remain steady. Goldman Sachs raised …
With its commitment to creating an approachable and welcoming environment for new traders, PU Prime is proud to announce that it has received three awards that perfectly encapsulates its ongoing efforts. The three awards are: Top User-Friendly Mobile App Global 2023 and Best Trading Account for Beginners Global 2023 from global media …
China’s economic performance continues to astound global markets as the latest Purchasing Managers’ Index (PMI) data revealed that the service sector activity in the country surged to its fastest pace in 12 years in March. Such sentiment has sparked optimism for the antipodean currencies, which are closely linked to China’s economy. The …
Has the banking crisis abated? Equity investors seem to think so, with the Nasdaq surging close to 2% on Wednesday as the markets assess a successful containment of the banking crisis caused by the failure of regional banks and one Credit Suisse. This puts the tech-heavy index technically in bull market territory, …
Driven by tech shares, as concern over the financial system eased, Wall Street and Asian equity markets rallied Chinese stock indices, including the Hang Seng Index, rallied as Alibaba said it would split the company into 6 units that would potentially be listed individually. This reflects a loosening attitude from the Chinese …
The banking crisis was seemingly resolved after yesterday’s news reported that First Citizens Bancshares Inc agreed to buy Silicon Valley Bank. On top of that, the U.S. authorities are considering expanding its emergency lending facilities for banks to shore up the bank’s balance sheet, which in a way supports the embattled First …
Focus has shifted back to inflation and interest rates as the banking crisis shows signs of easing Equity markets advanced and major currencies fluctuated in narrow ranges in the last session. Easing in the banking crisis and perceived lower risk of recession spurred the equity market to trade higher while modest rate …
Wall Street was hindered by the banking sector and slumped after investors digested the comment from Janet Yellen, U.S. Treasury Secretary on Wednesday’s hearing. However, Yellen attempted to alleviate market concerns during a subsequent hearing on Thursday, promising that policymakers would take further action to safeguard bank deposits if necessary. Meanwhile, Japan’s …
Investors hoping for a pause in rate hikes were disappointed as the U.S. Federal Reserve pushed ahead with a quarter-point hike at its interest rate decision on Wednesday. While way lower than 2022’s mega-hikes of 50 to 75 bps and in line with economist expectations, March’s 25-point hike is a calculated risk …
Wall Street closed high and gold prices retraced as the fears over the banking sector crisis abated; the dollar index remains calm before the Fed’s interest rate decision announcement, which will be made later today (22nd March). However, investors are starting to discuss the banking turmoil as aftermath of central banks’ frenetic …
Dear Valued Client, Please note that in observance of the upcoming EU/UK Daylight Saving Time on 26 March 2023, there will be changes to PU Prime’s trading schedule starting from 27 March 2023. Kindly refer to the table below for the schedule of all the instruments that are subject to changes: *All …
The latest and largest fall in the recent banking turmoil is embattled Swiss lender Credit Suisse. Credit Suisse Group AG bondholders suffered a historic loss of about CHF 16bn ($17.3bn) worth of risky notes when a takeover by UBS Group AG triggered a “complete write-down” of the bank’s additional tier 1 (AT1) …
In a continued chain of unrelentingly robust jobs data, the U.S. ADP Nonfarm printed a reading of 242,000 for February, higher than an estimated 205 000 and up from a revised 119,000 for January. The service sector had the largest contribution to job additions with 190,000, of which a majority came from …
MT4 and MT5 are back on the Apple App Store after being banned for more than five months Popular forex trading platforms, MetaTrader 4 (MT4) and MetaTrader 5 (MT5), have been reinstated in the Apple App Store after being banned from iOS in September 2022. The ban has lasted over 5 months, …
On Wednesday, China released its Manufacturing PMI and Caixin Manufacturing PMI for February, beating economists’ expectations of 50.5 and 50.2 respectively. A reading above 50 indicates expansion from the previous month. This is the highest reading since April 2012, marking a faster-than-expected rebound for the world’s second-largest economy after covid-19 related shutdowns …
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: *All …
An increasingly risk-off market has been proved right as the U.S. Federal Open Market Committee (FOMC) has released the minutes of its 31 Jan – 1 Feb meeting, signalling the Fed’s resolve to continue the fight against inflation. This includes further hikes, although almost all members of the FOMC supported a slowing …
President Xi Jinping’s effort to stimulate China’s economy through increased consumer spending is facing a new challenge as citizens misuse cheap consumer loans. Borrowers are using low-interest loans to prepay mortgages or invest in stocks, instead of buying goods as intended. This practice, which is prohibited by regulators, threatens to undermine Beijing’s …
Understand Deeper About Factors Affecting How Gold Prices Work Being one of the most widely-traded commodities in the world, gold prices can fluctuate significantly based on a number of different factors. Here are some of the key factors that easily affect the gold market and important for anyone looking to embark in …
What Is The Gold-Silver Ratio The gold-silver ratio trading strategy is commonly used by traders in gold trading. The ratio refers to the price of gold divided by the price of silver. In other words, it is the amount of silver that is equivalent to one ounce of gold. This ratio has …
On Tuesday, February 14, the U.S. Consumer Price Index (CPI) figures were released, showing an increase of 0.5% in January and the highest in three months but in-line with expectations. The year-on-year increase, meanwhile, is 6.4%, up slightly from market forecasts of 6.2%. Meanwhile, the core CPI, which excludes volatile food and …
Dear Valued Client, We are pleased to announce that PU Prime will launch new product of Forex on 20th February 2023 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+2 (Server Time in MT4/MT5.) Please note …
Hedge funds and distressed debt specialists are buying bonds related to Gautam Adani’s business empire, a potential sign of encouragement after a recent short-seller report. Oaktree Capital Management and Davidson Kempner Capital Management are among the firms buying the debt, which suggests that a rout in Adani’s securities may be easing after …
Make More Informed Decisions While Trading Bonds Explore the various techniques for trading bonds futures and optimize your investment strategy. Learn about the different types of bond futures contracts, such as U.S Treasury bonds futures and Eurodollar bond futures, and how to use them to hedge against interest rate risk. Understand the …
On Wednesday, the U.S Energy Information Administration reported an increase in crude inventories by 2.42 million barrels, close to the market expectations of 2.46 millions barrels. This is the third consecutive crude inventory build, coming after an outsized 4.14 million last week. This makes it a rough 4% above the 5-year average …
Understand More About Government Bonds And How To Trade Them Government bonds are widely considered as one of the least risky investments available to many investors. Read this article and learn all about government bonds including what they are, how they work and how to take a position in them through our …
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: *All …
Learn How You Can Trade Bonds Successfully Get into one of the most popular financial assets in the world: bonds. Learn more about how you can trade in the bond market with PU Prime, the world’s leading CFD provider. What Are Bonds? A bond is a financial instrument that allows individuals to …
Amazon’s advertising business continues to thrive, growing 19% YoY in Q4 2022 to $11.6 billion in sales, despite a slowdown in the digital advertising market that has affected other companies like Alphabet, Facebook, and Snap. While Amazon’s advertising unit is still a small portion of the company’s overall revenue, it is seen …
What Are Bonds? Bonds refer to a type of loan in which a bondholder lends money to a company or government. The borrower pays interest periodically until a specified date in the future when repaying the original loan amount. The final amount that the bond issuer repays to the bondholder is called …
On Wednesday, the U.S Federal Reserve released its monetary policy decision for February 2023, raising the benchmark interest rate by 25 points at the conclusion of the FOMC meeting, as widely expected by the markets. This brings the target range of 4.5% to 4.75%, making it the highest since October 2007. This …
The Forex Market Is Quite Volatile And Can Carry Some Risks While there are several benefits to forex trading, the forex market also comes with a significant amount of risks. In this article, we will discuss some of the main risks that traders should consider before entering the forex market. Forex Trading …
Indian billionaire Gautam Adani has published a 413-page rebuttal against Hindenburg, which has recently published a report covering extensive allegations, including stock manipulation and accounting fraud, about Adani’s multi-billion-dollar conglomerate. In response, Adani has accused Hindenburg Research of conducting a “calculated securities fraud”, and an attack on India. Adani is now considering …
A lower-than-expected build in crude oil inventories has seen the commodity trade flat as demand concerns hit the markets. On Wednesday evening, the EIA Crude Oil Inventories was released, showing a build of 522,000 barrels, putting the total inventory at 448.5 million. This is much lower than the forecasted increase of 971,000 …
On Wednesday, the Bank of Japan left its ultra-easing policy unchanged, sparking heavy speculation that it could be prompting the monetary policy divergence between the Bank of Japan (BoJ) and the Federal Reserve while defying market expectations it would phase out its massive stimulus program. In the face of uncertainties worldwide, the …
Dear Valued Client, Please be advised that the following instruments’ trading hours and market session times will be affected by the upcoming Lunar New Year holidays. The deposit channel of China Mobile Pay will be temporarily suspended from 20th January 2023 to 30th January 2023. However, PU Prime will remain fully operational …
Starting Sunday, China no longer requires quarantine for inbound travellers. No more testing requirements to board trains, planes, ferries or shuttle buses for domestic travel. While anyone wanting to enter the country will only need a 48-hour negative Covid test result. Officials estimate that the number of trips over the Chinese New …
Stop Loss And Stop Limit Orders Are Commonly Used In CFD Trading. Stop loss orders and stop limit orders are often used in trading CFD, which stands for Contract For Differences, to limit losses on a position. A stop loss order is an order to sell a security when it reaches a …
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: *All …
On Wednesday, the U.S Federal Reserve released the minutes for its 13-14 December meeting, revealing a key message coming from committee members to investors: don’t start counting on a dovish pivot just yet. Quoting from the minutes – “an unwarranted easing in financial conditions, especially if driven by a misperception by the …
Contract For Differences Overview & Examples CFD refers to a financial contract between brokers and traders to pay the price differences in the asset between opening and closing trade. Find out about what CFD is and how it works below. What Is Contract For Differences (CFD) First of all, a contract for …
After a gruelling but rewarding year, PU Prime is proud to announce that it has accumulated 12 industry awards (see complete list below) for 2022. The awards originate from a variety of well-established international organisations, reflecting a range of best-in-class achievements under various criteria, from having the best affiliate partnership program in …
North Korea in a Year of Unprecedented Aggression North Korea has launched a record number of missile tests in 2022, far outnumbering previous recorded years at a total of 90 missiles fired – compared to 2021’s 8 missiles. Meanwhile, North Korean leader Kim Jung Un has ordered an ‘exponential’ increase in the …
On Wednesday, the Bank of Japan released a summary of opinions from its December meeting. The meeting, originally held on 20 December, saw the BoJ increase its 10-year benchmark yield ceiling in a surprise move that boosted the yen over 3% by investors betting on a Hawkish turn by the BoJ. However, …
Learn How To Trade Contract For Differences (CFD) Contract For Differences, also known as CFD in short, allows traders to earn from price movements of underlying assets such as stocks and currencies without actually owning them. Learn how you can trade CFD. CFDs refer to financial contracts between brokers and traders which …
Japan’s outgoing central bank governor Haruhiko Kuroda surprised markets with an increase of 25 basis points on the cap for the BoJ’s 10-year yields, effectively doubling the limit. The surprise has caught economists by surprise in light of the BoJ’s extreme dovishness even as the rest of the world embraces tightening. While …
U.S. crude oil stockpiles fell much more than expected, according to the data of the American Petroleum Institute (API). The weekly report released by the organisation reported a draw of nearly 3.1 million barrels of crude oil for the week ending in December 16th. Compared to a build up of more than …
Gold Price Movements Can Be Predicted With The Best Trading Indicators For Gold Trading indicators are widely used in gold trading to derive insights from historical data so that these gold traders could make predictions about gold price movements. Hence, here are the best trading indicators for gold you need to know …
PU Prime is delighted to announce that it has added yet another award to its wide range of accolades this year. The company most recently picked up the Best CFD Broker in The Philippines for 2022 at a gala dinner held in Ho Chi Minh City on 10 December 2022. The award …
Embattled FTX founder Sam Bankman-Fried has been slapped with 8 charges by federal prosecutors, including conspiracy and wire fraud. The ex-CEO was arrested in the Bahamas on Monday – the first move by the authorities to hold those involved in the FTX meltdown and the subsequent loss of billions in client funds …
On Wednesday, 14 December, the U.S. Federal Reserve announced its last rate hike of the year – a 50-basis point increase to the Fed fund rate, well in line with the market’s expectations. This brings the Fed benchmark rate to 4.25% – 4.5%, the highest in 15 years. While a dovish step …
Find out more about leverage, margin, and how they can benefit you when trading forex, gold, and more You might have heard the term “leverage” being used by traders or in the finance world, but what does it really mean? Leverage is a tool used by investors or traders to amplify their …
The U.S. will send another security package to Ukraine, worth US$275 million, consisting of new capabilities to boost its air defences. This puts the total amount of direct aid the U.S. has delivered to Ukraine since Russia’s invasion at $13 billion. U.S. President Joe Biden and Treasury Secretary Janet Yellen have both …
China has announced that it will be lifting its strictest covid policies, including being forced to quarantine in state facilities and the need to test before entering most venues. The easing has been released in a series of new guidelines that include a ban on blocking fire exits, encouraging vaccinations among the …
Dear Valued Client, We are pleased to announce that PU Prime will launch new product of Forex on 12th December 2022 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+2 (Server Time in MT4/MT5.) Please note …
Understanding Gold Trading Strategies Is Vital To Increasing Gains Gold trading strategies are referred to as guidebooks by many gold traders to navigate how to manage a trade and when to close it. However, each form of a transaction has its own characteristics and not all trading strategies used for trading other …
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: *All …
On Wednesday evening, November’s ADP Nonfarm Employment Change numbers were released, vastly underperforming expectations with an increase of 127,000 private payroll jobs, well below the estimate of 190,000 and the previous month’s 239,000. The leisure and hospitality sector was the largest gainer, with an increase in 224,000 jobs. The most significant sector …
As frustrations mount over China’s zero covid policy and continued lockdowns, protests, a rare sight in China, have sprung up all over the country. The lastest happened on Sunday, where protesters and and police clashed in Shanghai. In Wuhan, Chengdu and the capital of Beijing, demonstraters have also taken to the streets, …
On Wednesday, 24 November (GMT+2), the Federal Open Market Committee (FOMC) released the minutes of its 1-2 November meeting. Reflecting statements multiple officials have made over the last several weeks, the meeting summary concluded that a substantial majority of the Monetary Policy Committee (MPC) agreed it would probably moderate the pace of …
Chinese tech and gaming giant Tencent has been awarded its first license for a video game in 18 months. This comes after the Chinese authorities started its wide-reaching crackdown on big tech companies, implementing legislation like limiting the amount of time children could spend playing games, and freezing the approval of new …
Understanding Gold Volatility Factors Is Key To Successful Gold Trading To be more successful in gold trading, a good understanding of gold volatility and gold prices would, more often than not, help gold traders make more informed decisions. While gold remains a highly liquid asset with hundreds of billions worth traded everyday, …
On Wednesday evening, the EIA Crude Oil Inventories was released, with a draw of 5.4 million barrels – almost 5 million higher than the expected draw of 440,000 barrels. This puts current inventories at 435.4 million barrels, 4% below the 5-year average for this time of the year. Normally, a larger-than-expected drop …
Financial Times-Stock Exchange 100 Share Index (FTSE 100) The FTSE 100 tracks the 100 largest companies on the London Stock Exchange. Like the S&P 500, it is often regarded as an indicator of the health of the wider UK equity market. Also like the S&P 500, the FTSE 100’s constituent stocks are …
Embattled cryptocurrency exchange FTX has declared bankruptcy in the latest saga in the crypto world. The company saw a mass exodus of holders of its native coin, FTT, after news emerged that its finances, including that of its sister trading company Alameda Research, was on shaky ground. Alameda itself is being accused …
Access The Forex Market Anywhere With PU Prime’s Mobile Forex Trading App Forex trading apps are mobile applications that allow traders to access the foreign exchange market and make trades on their mobile devices. These apps typically offer many of the same features as desktop trading platforms, such as real-time quotes, charting …
It Is Key To Understand The Reasons Why You Choose To Start Forex Trading Forex trading has emerged as a dynamic and potentially rewarding financial endeavor, drawing the attention of traders and investors worldwide. The forex market, known for its accessibility and liquidity, has become a preferred choice for many. Check this …
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: *All …
What You Need to Know Asian markets are on the upsurge, especially the Hong Kong market, which climbed more than 11% in November. The Sterling will suffer as the BoE has turned its focus from inflation to saving its negative economic outlook, which will drive the market to sell off more pounds. …
After weeks of campaigning, the 2022 U.S. midterm elections are set to be held on 8th November, Tuesday. With inflation in full swing and multiple signals of an impending recession, it looks the economy – more specifically the cost of living – might decide who the winning party is. All 435 House …
On Wednesday, 2 November, the US Federal Reserve implemented its fourth mega hike, raising interest rates by 75 basis points, or 0.75%, in its continuing fight against high inflation. This brings the current Fed’s benchmark rate to 3.75% – 4%, with rates expected to hit a ceiling at 4.5% – 4.75% in …
Customers of leading CFD broker PU Prime can now enjoy trading a new category of instruments: Bonds. The new product category has launched with 7 sovereign bonds, including futures for the US Treasury 10-year note, and EURIBOR (see full list below). With this addition to its range of product offerings, PU Prime …
On Tuesday, 25 October, Rishi Sunak was sworn in as the new Prime Minister of the UK. The 42-year-old is the third UK PM in 7 weeks, replacing Liz Truss, who was PM for the whole of 44 days. Sunak comes at a time of great financial instability for the UK, with …
Just as with most forms of investing and trading, taking note of the trading hours in the forex market is everything in Forex trading. Grasping the right trading hours in the day to trade, knowing the dates of important economic announcements, and just timing your trades correctly will give you an edge, …
Dear Valued Client, We are pleased to announce that PU Prime will launch new product of Bonds and Indices CFD on 31st October 2022 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 …
Dear Valued Client, Please note that in observance of the upcoming Daylight Saving Time in UK/EU, there will be changes to PU Prime’s trading schedule from 31st October 2022. Kindly refer to the table below outlining the affected instruments: *All hours are provided in GMT+3 (Server Time in MT4/MT5.) Please note the …
Recession fears are plaguing the markets more strongly than ever. On Wednesday, US Treasury yields hit a 14-year high, with the 10-year note hitting as high as 4.153% as of writing – the highest since 2008’s recession. Meanwhile, the 2-year yield rose by 13 basis points to 4.57%. More importantly, the 3-month …
UK Chancellor of the Exchequer Kwasi Kwarteng made an unprecedentedly dramatic early exit from an International Monetary Fund event in Washington on Friday, with many thinking it was to return to the UK to prepare his fiscal plan. Turns out, Kwarteng was being asked to leave his post by UK Prime Minister …
On Wednesday, 12 October (GMT+3), the US Energy Information Administration (EIA) released its Short-Term Energy Outlook (SETO). Forecasts for 2023 revealed an average global oil production of 100.7 million barrels a day – down 600,000 from September’s forecast and reflecting OPEC+’s announced cuts. Oil consumption for 2023 is forecasted to be 101 …
Straight from winning multiple prizes from various global organisations, PU Prime enters the fourth quarter with an award for Fastest Growing Forex Broker APAC 2022 from global finance publication World Business Outlook. World Business Outlook’s awards programme is made possible through a team of field experts and industry captains, who make up …
The International Energy Agency’s (IEA) executive director, Fatih Birol, has said that 90% of gas storage was full in Europe, and that bar surprises, Europe can get through the winter. 2023, however, remains in question because 2022 still saw some Russian gas being imported, as well as lower demand from China due …
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: *All …
On Wednesday evening (GMT+3), the US ADP Nonfarm Employment data was released, clocking in at 208,000 jobs added, better than the 200,000 forecasted and August’s 185,000. While the manufacturing, natural resources, and mining industries reported a loss of 29,000 positions, huge additions in the trade, transportation, utilities; and business and professional services …
Bank of English Stages Emergency Bond Buying as Pound Plunges The Bank of England, UK’s Central Bank, has announced this week a temporary gilt-buying programme to urgently respond to a “material risk to UK financial stability” after the pound went into free fall after new prime minister Liz Truss announced tax cuts …
The Bank of England, the UK’s Central Bank, has announced this week a temporary gilt-buying programme to urgently respond to a “material risk to UK financial stability”. This comes as gilt yields were on course for record highs as investors exited UK’s bonds after the government announced underfunded tax cuts and increased …
Gold has been used as a store of value for thousands of years. Even today, it remains a highly liquid asset, with hundreds of billions worth traded every day. Content: What Is Gold And Gold Trading?What Affects The Price Of Gold? Why Gold Trading?How To Start Trading Gold?How To Read And Analyse …
Often used by new investors to replicate the success of more experienced traders, copy trading is exactly what it sounds like – a system that allows traders to join a network of other traders, pick the traders they like, and copy the trades that they make. For the less-experienced trader, the trading …
Google will be fined $4.12 billion in its antitrust suit with the EU, which describes an accusation that Google uses its Android OS to quash competition. However, the fine has been reduced from the original 4.34 billion euros, proposed in 2018, to 4.125 billion euros. This is the third EU fine for …
Dear Valued Client, Please be advised of the upcoming Schroders PLC (SDR) stock split that is going to take place as per the following schedule: • Ex-Date: September 20th, 2022 (GMT+3, MT4/MT5 server time). Common shares will trade at the new split-adjusted price. The primary motive is to make the shares more affordable …
On Tuesday (GMT+3), the US released its year-on-year Consumer Price Index (CPI) figure, showing that inflation came in at 8.3%, higher than the expected 8.1% but lower than the previous month’s 8.5%. The month-on-month core CPI change, meanwhile, came in at an increase of 0.6% versus an expected increase of 0.3%. While …
Dear Valued Client, Please be advised that the following instruments’ trading hours and market session times will be affected by the upcoming The Queen‘s Funeral. Please refer to the table below outlining the affected instruments: *All hours are provided in GMT+3 (Server Time in MT4/MT5.) Please note that in the event of …
Dear Valued Client, Please be advised of the upcoming Palo Alto Networks Inc Prov (PANW) stock split that is going to take place as per the following schedule: • Ex-Date: September 14th, 2022 (GMT+3, MT4/MT5 server time). Common shares will trade at the new split-adjusted price. The primary motive is to make …
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: *All …
Dear Valued Client, Please be advised that the following instruments’ trading hours and market session times will be affected by the upcoming September holidays. Please refer to the table below outlining the affected instruments: *All hours are provided in GMT+3 (Server Time in MT4/MT5.) Please note that in the event of reduced …
On Wednesday (GMT+3) 31st August, the ADP US Nonfarm Employment figures were released after a 2-month hiatus. According to the ADP, US private payrolls grew by 132,000 – down from the 268,000 in July and the forecasted 300,000 increase. The ADP took a two-month hiatus to revise its methodology and released June, …
Dear Valued Client, Please be advised that the minimum commission 13 USD per trade of all EU/UK Share CFDs product will be removed starting from 5th September 2022 to further optimise the competitiveness and improve the trading environment. Please refer to the table below for optimisation: *All dates are provided in GMT+3 …
On Wednesday (GMT+3) 24th August, the US crude oil inventories greatly outperformed expectations, dropping by 3.282 million barrels against an expected drop of 0.922 barrels for the week of 19 August. The Energy Information Administration also reported a drop of 0.661 million barrels against expectations for an increase of 0.58 million barrels. …
Despite its name, the Inflation Reduction Act does not, nor is it meant to ease inflation. Instead, the broadly-named $750 billion bill covers health care, taxes, and climate change in what president Joe Biden called a win for the American people and a loss for special interests. Some of the primary constituents …
On Wednesday, 17 August (GMT+3), the Federal Open Market Committee (FOMC) released the minutes for its 26-27 July meeting. In it, the Fed has finally decided to take a step back to assess the effects of aggressive monetary tightening. For the past few rate hikes, which saw increases as high as 75 …
Dear Valued Client, We are pleased to announce that PU Prime will launch new products of ETFs on MT5 server starting from 29th August 2022 to provide clients with a broader portfolio of products. Please refer to the below outlining of the new instruments: Product Number of ETFs Product List and Specifications …
At its most recent earnings call, cryptocurrency platform Coinbase reported a tremendous loss of $1.1 billion in revenue for Q2, pulling the company’s stock down over 10% on Tuesday to $87.68. Earnings per share for the company also largely underperformed, with a loss of $4.98 per share versus an expected $2.65. Quarter-on-quarter …
AMTD Digital, a little-known fintech company based in Hong Kong and listed on the NYSE (HKD) surged over 1500% in five days during last week’s trading. Since its IPO earlier this year in July, the company’s stock has surged from US$7.80 to a high of over US$1670 for a market cap of …
Dear Valued Client, Please be advised that there will be optimisation on indices product from 13th August 2022 to further enhance the competitiveness and improve the trading environment. Please refer to the table below for optimisation: *All dates and time are provided in GMT+3 (Server Time in MT4/MT5.) Please be aware that …
On Tuesday evening (GMT+3), the US JOLTs Job Openings data was released, showing 10.689 million job openings, lower than the expected 11 million and the previous month’s value of 11.303 million. This is also the lowest in 9 months. Robert Frick, corporate economist at Navy Federal Credit Union, notes: “Fewer openings likely …
Dear Valued Client, Please be advised that the following instruments’ trading hours and market session times will be affected by the upcoming August holidays. Please refer to the table below outlining the affected instruments: *All hours are provided in GMT+3 (Server Time in MT4/MT5.) Please note that in the event of reduced …
With the most recent US GDP figures (-0.9%) showing a second back-to-back negative reading, many are saying that the US has entered a recession. This comes after another recession indicator, an inversion of the US Treasury yield curve, began flashing several times starting in April. Most recently, interest on the 2-year note …
Stocks of Apple slid 2% to $147.07 on Monday as the world’s most valuable company announced that it would be slowing hiring and spending growth in 2023 as recession concerns hit the market. Alphabet stock is also down over 2%, a week after it announced that Google would slow hiring for the …
At 15:15 (GMT+3) on Wednesday, the European Central Bank will be making its interest rate decision. The central bank is expected to hike rates, the first time it will do so in 11 years. For the past 8 years, interest rates in the EU have been negative – but rampaging inflation has …
Dear Valued Client, Please be advised of the upcoming ALPHABET INC-CL C (GOOG) stock split that is going to take place as per the following schedule: • Ex-Date: July 18th, 2022 (GMT+3, MT4/MT5 server time). Common shares will trade at the new split-adjusted price. The primary motive is to make the shares more …
Dear Valued Client, We are pleased to announce that PU Prime will launch new products of Share CFDs on MT5 server starting from 18th July 2022 to provide clients with a broader to provide clients with a broader portfolio of products. Please refer to the below outlining of the new instruments: Shares …
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: *All …
04/07/2022 – Award-winning online trading platform PU Prime has launched its newest feature, copy trading, through the PU Social app. With its belief that given the right tools, everyone can trade, PU Prime is taking things one step further with PU Social. Now, all traders can connect, learn, and copy the trades …
On Wednesday (GMT+3), the US Energy Information Administration reported a decrease of 2.762 million barrels in its crude oil inventories for the week of 24 June. This is more than the forecasted decrease of 569,000 barrels and the previous week’s decrease of 386,000. Meanwhile, gasoline stocks increased by 2.6 million barrels, while …
Dear Valued Client, Please be advised that the following instruments’ trading hours and market session times will be affected by the upcoming July holidays. Please refer to the table below outlining the affected instruments: *All hours are provided in GMT+3 (Server Time in MT4/MT5.) Please note that in the event of reduced …
Dear Valued Client, PU Prime would like to launch MT4 Server Version Upgrade to the latest version of “build 1353” on July 2 MT4 Server Time (GMT+3) to provide a better and more reliable trading environment. Please make sure your MT4 trading platform is up to date with version 1353 after July …
Fighting rampant inflation has become the Fed’s main objective, and Fed Chair Jerome Powell’s words to the US House Financial Services Committee during his semi-annual testimony might have sparked more than a few fears about a recession. Specifically, it means that the Fed might be ready to cause increased unemployment or even …
On Wednesday afternoon, 22 June, Fed Chairman Jerome Powell made his semi-annual testimony to the Senate Banking Committee. In his testimony, Powell highlighted that the Fed was “strongly committed” to bringing down inflation and that the American economy is in a strong position to handle the continued rate hikes. However, Powell has …
Dear Valued Client, Please be advised of the upcoming SHOPIFY INC – CLASS A (SHOP) stock split that is going to take place as per the following schedule: • Ex-Date: June 29th, 2022 (GMT+3, MT4/MT5 server time). Common shares will trade at the new split-adjusted price. The primary motive is to make the …
On Wednesday evening (GMT+3), the US Federal Reserve announced a rate hike of 0.75% or 75 basis points, up from the last rate hike of 50 points. This is the largest Fed interest rate hike in 28 years, and brings the benchmark interest rate to between 1.50% – 1.75%, a number last …
Dear Valued Client, PU Prime will be upgrading its MT4/MT5 servers between 03:30 hrs. (GMT+3) until 11:00 hrs. (GMT+3) on June 18. Access to MT4/MT5 accounts will not be available during the server upgrading period. We would also like to highlight that all orders would not be executed during the hours mentioned …
Dear Valued Client, Please be advised that the following instruments’ trading hours and market session times will be affected by the upcoming Juneteenth holiday. Please refer to the table below outlining the affected instruments: *All hours are provided in GMT+3 (Server Time in MT4/MT5.) Please note that in the event of reduced …
To boost the slowing US solar industry, Biden has ordered that regulators turn a blind eye to potential trade regulation violations by Chinese solar panel manufacturers and let them go unpunished for the next two years. This is with the hopes that an influx of cheap, foreign solar panels into the US …
On Wednesday evening (GMT+3), the US EIA Crude Oil Inventories data was released. For the Week of 3 June, US inventories of crude increased by 2.025 million barrels. This is compared to the forecasted draw of 1.917 million, and the previous week’s draw of 5.068 million. Meanwhile, distillate inventories saw a rise …
Dear Valued Client, We are pleased to announce that PU Prime will launch new product of Commodities on 13th June 2022 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 …
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: *All …
Dear Valued Client, Please be advised that the following instruments’ trading hours and market session times will be affected by the upcoming Queen’s Birthday and Youth Day holidays. Please refer to the table below outlining the affected instruments: *All hours are provided in GMT+3 (Server Time in MT4/MT5.) Please note that in …
Dear Valued Clients, 03 June 2022 – Fresh from picking up two awards for 2022, online trading platform PU Prime has once again received recognition, this time with the award for World’s Best Online Broker at the Financial Expo Egypt 2022. Held from 25-26 May in Egypt, the Financial Expo gathered more …
Dear Valued Client, Please be advised of the upcoming AMAZON.COM INC(AMAZON) stock split that is going to take place as per the following schedule: • Ex-Date: June 6th, 2022 (GMT+3, MT4/MT5 server time). Common shares will trade at the new split-adjusted price. The primary motive is to make the shares more affordable …
On Wednesday evening (GMT+3), the US ISM Manufacturing Purchasing Managers‘ Index (PMI) figure for May was released. May showed a reading of 56.1, higher than the forecasted 54.5 and the previous month’s value of 55.4. The ISM Manufacturing PMI measures product demand from over 300 key manufacturers in the US and is …
On Wednesday morning (GMT+3), Germany released its quarter-on-quarter GDP figures. The 0.2% increase was exactly in line with forecasts, while an increase from the previous quarters -0.3%. Year-on-year growth for Q1 stands at 3.8%, up from the forecasted 3.7%. Earlier in the week on Tuesday, European Central Bank (ECB) president Christine Lagarde …
Dear Valued Client, Please be advised that PU Prime is removing the suffix on Indices CFDs products from 16th May 2022. This would make it easier for clients to identify our Indices products on Market Watch thus improving clients’ experience. Please refer to the table below for optimisation: *All dates are provided …
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: *All …
Russia’s war in Ukraine has had a profound effect on global food distribution, and world leaders are anxious to address any coming issues. US Treasury Secretary Janet Yellen will be meeting ministers from industrial nations – including IMF leaders and G7 members – around the world to address the growing food supply …
Dear Valued Client, With the five-year term of the incumbent officeholder coming to a close, France kick started their Presidential Election with the first round held on 10th April 2022. As no candidate have secured an absolute majority of votes in the first round, the second and final round will be held …
On Wednesday (GMT+3), the US Energy Information Administration reported a large decrease of 8.02 million barrels in its crude oil inventories, bringing its current inventory to 413.7 million barrels. The numbers are far from the forecasted increase of 2.471 million barrels, and last week’s increase of 9.382 million. Meanwhile, gasoline inventories see …
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: *All …
While most investors will greet inflation as bad news, moderate, consistent inflation is healthy for the economy, promoting productivity and driving demand and consumption. However, high inflation can also erode the value of cash – often at a much quicker rate than income increases. Other assets, however, can grow with and even …
On Wednesday (GMT+3), the US Energy Information Administration reported an increase in 9.382 million barrels in its crude oil inventories. This is significantly higher than both the estimated increase of 863,000 barrels, and the previous number of 2.421 million barrels. An increase in inventories usually implies weaker demand and would be bearish …
Dear Valued Client, PU Prime will be updating our HSI symbol to HK50 effective from 18th April 2022. Kindly refer to the table below outlining the affected instruments: *All hours are provided in GMT+3 (Server Time in MT4/MT5.) Please note that the above information may be subjected to change. Kindly refer to …
On Wednesday, 6 April (GMT+3), the Federal Open Market Committee (FOMC) released the minutes for its 15-16 March meeting. As expected, the meeting was focused on discussing the tightening measures that the Fed would take to rein in galloping inflation. Chiefly, the central bank has plans to shrink its almost-US$9 trillion balance …
Dear Valued Clients： We are pleased to announce the addition of the following IFEU futures to provide clients with a broader portfolio of products, Brent Crude Oil Futures (UKOUSDft) and Financial Times Stock Exchange 100 Index Futures (FTSE 100ft). We would like to highlight that as trading with us would be with …
As Beijing’s crackdown on the country’s wealthy continues under president Xi Jinping’s “common prosperity” policy, an increasing number of China’s affluent are moving their money to Singapore and setting up family offices. Singapore’s attractiveness stems from its large Chinese-speaking population, lack of wealth tax, and relative proximity. The trend started in 2019 …
Dear Valued Client, Please be advised that the trading hours and market session times of the following instruments will be affected by the upcoming Odisha Day and Ching Ming Festival. Please refer to the table below outlining the affected instruments: *All hours are provided in GMT+3 (Server Time in MT4/MT5.) Please note …
Dear Valued Client, PU Prime will be upgrading its MT4/MT5 servers between 00:00 hrs. (GMT+3) until 09:00 hrs. (GMT+3) on April 2. Access to MT4/MT5 accounts will not be available during the server upgrading period. We would also like to highlight that all orders would not be executed during the hours mentioned …
Dear Valued Clients, PU Prime is proud to announce that we have been awarded the World’s Fastest Growing Online Broker 2021 and Most Innovative Forex Broker MENA 2021 at the International Business Awards 2021. Organised by the Dubai-based International Business Magazine, the International Business Awards is a recognition of the best-in-class achievements …
On Wednesday evening March 23 (GMT+3), the US Energy Information Administration (EIA) reported a decrease of 2.508 million barrels in its crude oil inventories for the week of 18 March. This is in contrast to the forecasted increase of 0.114m barrels, and the previous increase of 4.345M. Meanwhile, a disruption in the …
Dear Valued Clients： PU Prime is excited to announce a brand-new logo and an improved site experience. To better appeal to a new generation of customers, the industry-leading brokerage has launched with a fresh look for its logo. Figure 1. The new PU Prime logo The new PU Prime logo As the …
28 of China’s 31 provinces have recently seen an outbreak of the highly-infectious Omicron variant of the coronavirus. With over 15,000 infected, this is the largest outbreak China has seen since the initial wave of the virus. The recent outbreak has hit major cities including Shanghai and Shenzhen. Dongguan city, the fifth-largest …
On Wednesday, 16 March, the US Federal Reserve made the long-awaited decision to raise interest rates to combat surging inflation. As per the market’s expectations, the Fed raised rates by 25 basis points. The 0.25% rate hike was voted on almost unanimously by policymakers, except St Louis Fed president James Bullard, who voted …
When trading, the two most common and dangerous emotions are fear and greed. Fear and greed can ruin even the best trading strategies. A single moment of fear or greed and lose your months of hard-earned profits. Having discipline and keeping your emotions under control is an invaluable skill in trading. Greed …
Traders believe that the underlying theory behind chart patterns is that various shapes, or patterns, repeatedly show up on charts, and highlight various trends that can present trading opportunities. The most common chart patterns are: Symmetrical TrianglesAscending TrianglesDescending TrianglesDouble TopDouble BottomHead and ShouldersReverse Head and Shoulders Symmetrical Triangles A neutral continuation pattern …
Understanding technical analysis and the dynamics of price movements is crucial for traders and investors in the fast-paced world of the financial markets. This is where technical analysis comes into play. By examining historical market data, technical analysis empowers individuals to decipher patterns and trends, enabling them to make informed decisions about …
When formulating a trading strategy, traders employ various tools that can be broadly classified into two types of analysis methods: technical analysis and fundamental analysis. Although there are differing opinions on each approach, there is no definitive answer as to which trading strategy is “superior.” Each analysis method has its own advantages, …
Content: What Is Forex Or The Foreign Exchange?Example Of Forex TradingWhen Is Forex Traded?What Are Quotes In Forex Trading?How Do You Read A Forex Quote?Understanding What Is A Pip And A LotExplaining The Bid, Ask And Spread In Forex TradingWhat Does It Mean To Go Long Or Short In Forex TradingWhat Is …
In the ever-evolving landscape of global economics, understanding the diverse array of the financial market is crucial for informed decision-making and successful investments. This blog article serves as your gateway to comprehending the intricate world of financial markets. By exploring the various categories and functions within this dynamic realm, you’ll gain the …
Financial trading refers to the buying and selling of financial instruments in the financial markets, with the goal of generating profit from the price movements of these assets. It involves making decisions based on various factors, including market knowledge, market analysis and risk management strategies. What Are The Financial Markets? A financial …
After a month of rallying in response to the Russia-Ukraine conflict, oil prices have finally cooled at the combined news of Ukraine withdrawing its NATO application; and the UAE saying that it will increase oil production while encouraging its allies in the Organization of the Petroleum Exporting Countries (OPEC) to do the …
Despite the regulatory risks, Chinese tech companies are doubling down on their bets on the metaverse, ranking in the top among companies filing for NFT and metaverse-related trademarks and patents. In 2021 and 2020, Tencent filed a total of 4085 patents while Baidu filed 3094, taking second and third places respectively behind …
On Wednesday, 15:15 (GMT+2), data for the February US ADP Nonfarm Employment Change was released. At 475,000, the number beat out the market estimate of 378K, although it is still lower than the previous month’s 509,000. Broken down, February’s numbers indicate a significant employment drop of 96,000 in small businesses, although overall …
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: *All …
Rising geopolitical tensions between Russia and the West, combined with the effects of booming worldwide inflation, has caused the price of gold to soar. The precious metal is trading at its highest prices in over a year as investors seek the safe-haven asset in response to Putin’s increasing belligerent stance against Ukraine; …
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: *All …
On Wednesday night, January 19 (GMT+2), data released by the American Petroleum Institute (API) showed that U.S. crude oil inventories increased by 1.4 million barrels in the week of 14 January, while gasoline inventories increased by 3.5 million barrels. Meanwhile, distillate fuel stocks fell by 1.2 million barrels. In its latest report, …
Some Features That A Good Forex Broker Would Have It is important to choose the best forex broker for a more effective forex trading experience. Read this article to find out some of the features that the right forex broker should have. The Cost Of Trading: Spreads, Fees, And Swap Rates To …
Now that you’ve decided to embark on your investment journey, it’s time to pick a broker or trading platform with which to conduct your investments through. There will be a large number of options to choose from, with most offering some kind of incentive to register, from deposit bonuses to low trading …
Most Forex Traders Who Are Just Starting Forex Trading Tend To Make Mistakes Becoming a forex trader and entering the world of forex trading can be an exciting endeavor. It’s a market brimming with potential and opportunities. However, for many beginner forex traders, the journey is often marked by a series of …
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: *All …
Like the tides, the financial markets wax and wane. It’s all part of the natural cycles of the financial system since no bull market can last forever. A bear market is usually defined as a 20% or more drop of a major stock index. While the index most commonly used as the …
On January 5 (Wednesday), the United States announced the December ADP employment data. According to the ADP private payroll numbers for December, 807,000 jobs were added compared to estimates of a figure of 410,000 and the previous value of 534,000, the largest increase since May 2021. The minutes from the Fed’s December FOMC meeting on …
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: *All …
Dear Valued Client, Pacific Union will update the symbol for Facebook Inc. from MVRS back to FB effective from 6th December 2021. Facebook Inc. (FB) have announced to delay the ticker change to the first quarter of 2022. Shares will continue to be listed on the Nasdaq with the ticker: FB (the stock …
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: *All …
Dear Valued Client, We are pleased to announce that Pacific Union will launch the new product of Forex pairs USDTRY and EURTRY on 6th December 2021 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+2 (Server …
Dear Valued Client, To provide a broader portfolio of products, Pacific Union will launch the new product of Forex pairs USDBRL and USDINR on 15th November 2021. Please refer to the table below outlining the new instrument: *All dates are provided in GMT+2 (Server Time in MT4/MT5.) Please note that the above …
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: *All …
Dear Valued Client, To provide a better reliable trading environment, Pacific Union would like to launch a Live and Demo Server upgrades for MT4/MT5 starting from Server Time (GMT+3) 00:00 of November 7th 2021. Clients would not be able to login for MT4/MT5 Live/Demo account and also Client Portal during the upgrade …
Since our establishment in 2015, PUPRIME has grown into an industry-leading online trading service, providing over 200 financial products to customers all over the globe. With increased recognition and support of our brand, a few counterfeit PUPRIME apps have sprung up to deceive our customers and defraud them. In view of the …
Dear Valued Client, To provide a better reliable trading environment, PUPRIME would like to launch a Live and Demo Server upgrades from MT4/MT5 Server Time (GMT+3) 16:00 of October 16th 2021 to 19:00 of October 16th 2021. The upgrade maintenance would make clients unable to log in all Live Account and Demo …
Dear Valued Client, Pacific Union has always worked consistently to improve our range of products and services – and we are endlessly grateful for the continued support and trust we have received from our customers over the years. However, as we grow as a company, imposter sites have sprung up. It has …
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: *All …
Dear Valued Client, As Pacific Union continues to review the pricing of the CHF markets and prudent evaluation, we are glad to announce that we will decrease the margin requirements by 5 times for all CHF Products and CHF Crosses Products starting from 00:00 of 11th October 2021 (GMT+3). Hence, the margin …
Dear Valued Client, To provide a broader portfolio of products, Pacific Union will launch the new product of Forex pairs USDBRL and USDINR on 4th October 2021. 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 above …
Dear Valued Client, Pacific Union has always worked consistently to improve our range of products and services – and we are endlessly grateful for the continued support and trust we have received from our customers over the years. However, as we grow as a company, imposter sites have sprung up. It has …
Dear Valued Client, To provide a broader portfolio of products, Pacific Union will launch the new product of US Share CFDs on 27th September 2021. 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 above data are …
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: *All …
Dear Valued Client, Please be advised of the upcoming Nvidia Corporation. (NVIDIA) stock split that is going to take place as per the following schedule: • Ex-Date: July 20th, 2021 (GMT+3, MT4/MT5 server time). Common shares will trade at the new split-adjusted price. Important notes of the NVIDIA Stock Split● The quantity of …
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: *All …
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: *All …
Dear Valued Client, To provide a broader portfolio of products, Pacific Union will launch the new products of EOSUSD , XLMUSD and INDIA 50 as per the dates in the table below. Please refer to the table below outlining the new instruments: *All dates are provided in GMT+3 (Server Time in MT4/MT5.) …
Dear Valued Client, Please be advised that the following CFD instrument 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: *All …
Dear Valued Client, Please be advised that the following CFD instrument will be automatically rolled over as per the date 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 date: *All …
Dear Valued Client, Please be advised that the following CFD instrument will be automatically rolled over as per the date 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 date: *All …
Dear Valued Client, To provide a broader portfolio of products, Pacific Union will launch the new products of USDZAR and SA40 as per the dates in the table below. Please refer to the table below outlining the new instruments: *All hours are provided in GMT+2 (Server Time in MT4/MT5.) Please note that …
Dear Valued Client, Please be advised that the following CFD instrument will be automatically rolled over as per the date 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: *All …
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: *All …
Technical and Fundamental Analysis are both tools used by traders to help determine a trading strategy. Both fundamental and technical analysis help traders to predict possible trends and future prices. Technical Analysis; “The process of analysing a financial instrument’s historical prices and other statistics generated by market activity, in an effort to determine probable …
Fundamental analysis is a method of evaluating an asset; it attempts to measure its intrinsic value by examining the underlying forces that could affect the asset. Fundamental Analysis includes; Geo Political factors – such as interest rates and other government policies Macroeconomic factors – such as the level of unemployment Company or …
Every time the chairman of the FOMC, Janet Yellen, gives a speech everybody is playing the guessing game trying to figure out what’s going to happen with the interest rates. Interest rate can be defined as; ‘The cost of borrowing money expressed as a % of loan value’ Understanding Interest rates is …
The main role of any central bank is to control a country’s money supply. By decreasing borrowing costs, central banks are effectively increasing the money supply. The money supply is a measure of the entire amount of bills, notes, coins, loans, credit and other liquid instruments in circulation within a country’s economy. …
What is inflation？We’ve spoken about inflation a lot in this module, and in case you haven’t got it yet; put simply inflation is ‘Rising prices’. It can also be described as the sustained increase in the prices of goods and services. What does inflation do？Inflation causes what we call an erosion of the …
Now that we’ve spoken about fundamental analysis, what it means and what it consists of, let’s take a closer look at technical analysis. What is technical analysis？Unlike fundamental analysis, which is concerned with an asset’s intrinsic value and what its price should be, technical analysis focuses more on pattern recognition. Technical analysis is a …
Support and resistance is a concept used within technical analysis that suggests that the market price of an asset will tend to fall and rise at certain predetermined levels. SupportThe support level is the level at which the price tends to find support as It is falling; it is more likely to …
Trendlines“The trend is your friend” is a quote used often by traders and the theory behind it is simple; it’s perceived as easy to make money trading in the same direction as the trend. An uptrend line (successive higher highs and higher lows) is depicted as a line drawn along the bottom …
There are essentially two groups into which technical indicators fall – leading and lagging indicators. Leading indicators will change in advance of expected economic trends; they are often used to predict future movements but not always necessarily accurate. Lagging indicators are used to summarise past movements as opposed to predicting future; it …
Moving AveragesA moving average is a type of technical indicator that traders use in order to calculate the average price of a security over a given time. There are two different types of moving averages; simple moving average [SMA] and an exponential moving average [EMA] Simple Moving Averages (SMAs)A simple moving average …
As mentioned before leading indicators will change in advance of expected economic trends; they are often used to predict future movements but not always necessarily accurate. Now that we have discussed moving averages, an example of a lagging indicator, let us move on to the Relative Strength Index which is a type …
Bollinger bands is an analytical tool used by traders to identify a market’s volatility and looks at the levels of current prices relative to previous trades. We can see from the above graph that in an instance where there is little volatility the bands contract and as the market becomes increasingly volatile …
Fibonacci sequence is used widely in many different industries in the world which is why it may sound the most familiar to you out of all the technical analysis tools we have covered so far. Leonard Fibonacci was an Italian mathematician (1200 AD) who discovered a simple sequence of numbers (Fibonacci numbers) …
Technical analysis, like we said before, is not just about charts. It does, however, rely heavily on them and often uses chart patterns to assist in making trading decisions. The underlying theory is that traders often expect chart patterns to repeat, and this prediction is what presents them with various trading opportunities. …
FOREX is the largest financial market in the world in terms of both size and liquidity. To give you a general idea of the size, an average of $5 trillion is traded globally each day. No stock market in the world trades such a huge amount on a daily basis. The idea …
We mentioned above that currencies are always traded in pairs; this is because when you buy one you’re essentially selling the other and vise versa. So how do you read an FX quote？ E.g. EUR/USD = 1.1200This means that 1 € = 1.12 $EUR; in this quote EUR is known as the base currency.USD; in …
Going long or going short is just trader lingo for buying or selling.As long as you remember LONG = BUY and SHORT = SELL then you’re half way there.The next bit is a bit trickier… When to go Long and when to go Short in FX“Going long” in FX terms is buying the base currency and selling …
You’ve probably heard them a million times; “PIPs” and “LOTs” may be little but in the trading world they’re a BIG thing. You won’t understand trading until you understand them. What the pip!？ PIP stands for “percentage in point” and is the smallest possible increment in a quote. Example: GBP/USD has a rate …
One of the first concepts you need to understand as part of your Forex trading training are standard lots and micro lots; what are they and what’s the difference between them？ What is a Forex lot？ A standard forex lot is equal to 100,000 of the base currency so in the case …
Now that we know what a pip is, we know that it is just a teeny amount, so you need to trade a LOT for these tiny PIPs to really make a difference. ‘Leveraging lets you magnify your profit potential, at the risk of greater losses, through allowing you to control a …
Show me the money!Now that you understand what a pip is and what a lot is, you need to know why you learnt about them in the first place. We need pips and lots to work out our profit and loss; so here are the basics of your Ps and Ls. Remember …
A Contract for Differences, commonly known as CFD, is an agreement where the difference in settlement of a financial derivative’s open and close prices is resolved with a cash settlement. CFDs exist for multiple assets, including stocks, indices and commodities, although no delivery of actual goods or securities happen when trading a …
CFD trading can be a risky business. As we have mentioned, leverage allows you to take positions that are larger than your deposit size. It means you can potentially amplify your profits, but it also means that the risk of large losses is greater. If you are a beginner, then the most …
Bullion Bullion refers to the physical gold and silver of high purity. The demand for bullion isn’t driven only by their practical use, but also by their role as investments and a store of value. Paper currencies come with all sorts of problems, like the risk of inflation in times of political …
The financial markets are places where financial securities and derivatives are traded. This means that, generally, through the trading of assets like securities, money flows where it’s needed, creating liquidity for individuals, businesses, and organisations. There are three International Financial Centres designated located around the world: one each in Tokyo, London, and …
Now that you have a basic understanding of what the financial markets are, let us look at the various stakeholders: Commercial Banks – Retail and investment banks that accept deposits from and give loans to the public to make a profit Brokers – A person or a company that arranges transactions between …
Dear Valued Client, Please be advised that the Demo Server upgrade is completed and Demo Account Opening Application is resumed accordingly. Meanwhile, MT4 Demo Server is renamed from PacificUnion-Demo to PacificUnionInt-Demo, you could re-login with the following 2 method: 1. MT4 for Mobile• Launch the MT4 app and select “Setting”–“New Account”–“Login to …
Dear Valued Client, Please be advised that Pacific Union will launch a Demo Server upgrade from MT4 Server Time (GMT+2) 00:00 of 19th December to 15:00 of 20th December 2020. The upgrade would make clients unable to log in MT4 Demo Account temporarily. At the same time, the Demo Account Opening Application …
Dear Valued Client, To provide a better reliable trading environment, Pacific Union would like to launch a Live Server upgrades from MT4 Server Time (GMT+2) 00:00 of December 12th 2020 to 11:00 of December 13th 2020. The maintenance would make clients unable to log in MT4 Live Account temporarily, but it won’t …
Dear Valued Client, Due to the rollover date of VIX index, Oil CFD(CL-OIL) and USDX index is approaching, please be advised that the pricing are difference between old and new futures contracts, we recommend clients to monitor their positions closely and properly control their positions. New contracts for VIX index, Oil CFD(CL-OIL) …
Dear Valued Client, Regarding our current method of combining indices dividends with swaps, please be advised that we expect to launch the new feature starts from November 16th 2020 to separate indices dividends with swaps in order to add more clarity on these rates. The impact of this change will be that the indices dividends …
Dear Valued Client, Due to the rollover date of VIX index is approaching, please be advised that the pricing are difference between old and new futures contracts, we recommend clients to monitor their positions closely and properly control their positions. New contracts for VIX index will automatically be rolled-over as below: *All …
Dear Valued Client, Please be advised of the upcoming Apple Inc. (AAPL) 5th stock split that is going to take place as per the following schedule: • Ex-Date: Aug 31st, 2020. Common shares will trade at the new split-adjusted price. Important notes of the AAPL Stock Split ● The quantity of shares of each …
Dear Valued Client, Please be advised of the upcoming Tesla, Inc. (TSLA) 1st stock split that is going to take place as per the following schedule: • Ex-Date: Aug 31st, 2020. Common shares will trade at the new split-adjusted price. Important notes of the TSLA Stock Split ● The quantity of shares of each …
Why a trading plan is important When trading, as in most endeavors, it’s important to start at the end and work backwards to create your plan and figure out what type of trader you should be. The most successful traders trade to a plan, and may even have several plans that work …
Any analyst or trading guide will tell you how important it is to manage your risk. However, how does one go about managing that risk？ And what exactly do they mean by managing risk？ Here is a step-by-step guide to one of the most important concepts in financial trading. 1. Determine Your …
Contracts for Difference or CFDs, as they are commonly referred to, are derivative instruments that enable traders to speculate on a wide range of financial markets, without taking direct ownership of the underlying asset. The contract referred to is an agreement between the buyer and the seller to exchange the difference between …
FOREX tRading skills Before you start something new, begin with the fundamentals. Let’s look at trading tips every trader should consider before trading currency pairs. Know the Markets We cannot overstate the importance of educating yourself on the forex market. Take the time to study currency pairs and what affects them before …
Gold Has Been Long Valued By Societies For Its Lustre And Malleability Gold trading is one of the most popular financial transactions conducted worldwide. Many forex traders get their hands on trading gold with the aim of generating income from multiple channels and types of transactions in the gold market. Discover the …
Share trading refers to investing in a publicly listed company or corporation by purchasing a number of that company’s shares, also referred to as stocks. A company’s shares become available for trading once it has completed an Initial Public Offering (IPO) and can be purchased on the stock market. When share trading, …
Currency, or foreign exchange, often abbreviated as forex or simply FX, refers to the exchange of global currencies on a decentralised market place – also known as over the counter (OTC) currency exchange. The foreign exchange market is the largest and most liquid market in the world, with an average daily trading …
WHat IS LEVERAGE ？ Financial Leverage enables retail Forex traders to control market positions that are much larger than their initial investment. Effectively, financial leverage takes the form of a loan that a trader takes from their broker, helping them invest in the foreign exchange market without needing to put up a …
What Is Liquidity？ Liquidity refers to how active a market is. It is determined by how many traders are actively trading and the total volume they’re trading. One reason the foreign exchange market is so liquid is because it is tradable 24 hours a day during weekdays. It is also a very …
Contracts for Difference (CFDs) are financial derivatives that allow investors to speculate on whether the price of a specific instrument will rise or fall, without taking ownership of the underlying asset. Contracts for Difference have grown in popularity in recent years, enabling retail traders to invest in various financial instruments including forex, …
Economic indicators, or economic releases, are vital components to consider when making trading decisions. While some releases like Employment data or Retail Sales gives us a snapshot of an economy’s strength or weakness, some are a bit more subtle in their ways and can actually serve as a leading supposition of what’s …
Day trading is the practice of buying and selling a financial asset within a single trading day. Known as day traders, investors that follow this practice usually make use of high levels of financial leverage to maximise the profit they can earn from small market movements. Day trading is most commonly seen …
Economic announcements, or new events, are a widely followed aspect of trading due to their influence on monetary as well as political policy. Therefore, it is important to know which announcements are going to create the most impact and volatility so as to take advantage of their movements. Here are some of …
The Consumer Price Index (CPI) and Producer Price Index (PPI) are inflationary measures used to determine whether prices for goods and services are rising (inflation), falling (deflation when below zero or disinflation when falling but still above zero), or staying the same (since there is no particular term for this, let’s just …
Non-Farm Payrolls (NFP) measures the amount of jobs gained in the U.S. during the previous month that aren’t farm related. It is typically released on the first Friday of the new month, and also includes the Unemployment Rate, Average Hourly Earnings, and the Participation Rate. While all of those releases can have …
There are various options trading strategies that experienced investors use to attempt to profit from the financial markets including: Straddles One of the popular options trading strategies, a straddle involves an investor holding both a call and put option on an asset, with the same strike price and expiration date, while paying …
Options trading strategies are usually used by investors to: Speculate on Financial Markets Similar to other forms of derivatives trading, options trading is used by investors to speculate on whether the value of a financial instrument will rise or fall. If an asset’s price is expected to rise, a call option can …
In its simplest context, Central Banks are responsible for overseeing the monetary system for a nation (or group of nations); however, central banks have a range of responsibilities, from overseeing monetary policy to implementing specific goals such as currency stability, low inflation and full employment. Central banks also generally issue currency, function …
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