Monthly Archives: June 2024
PU Prime App and MT4/MT5 Server Upgrade Notice
Written on June 13, 2024 at 9:14 am, by glennsong
Dear Valued Client, PU Prime will be upgrading it’s PU Prime App and MT4/MT5 servers starting from 15 June 2024 00:00 hrs. (GMT+3) to 13:00 hrs. (GMT+3). Access to PU Prime Apps and MT4/MT5 accounts will not be available during the server upgrading period. All orders would not be executed during the server upgrading period.Continue Reading
NFP Shocks Market, Triggers Dollar Surge
Written on June 10, 2024 at 6:07 am, by
Market Summary Last Friday’s U.S. Nonfarm Payroll (NFP) report rattled financial markets with a significantly higher-than-expected reading, far surpassing both market expectations and the previous month’s figures. The robust job data dashed hopes for an early rate hike from the Federal Reserve, as a tight labour market could potentially spur higher inflation, prompting a moreContinue Reading
Market Awaits For Crucial NFP
Written on June 10, 2024 at 6:05 am, by
Market Summary All eyes are on today’s Nonfarm Payroll (NFP) and U.S. unemployment rate data, which could be the final piece of the puzzle for the Federal Reserve’s rate cut decision this year. Recent lackluster U.S. economic indicators, alongside monetary policy pivots from the Bank of Canada (BoC) and the European Central Bank (ECB), mayContinue Reading