Monthly Archives: June 2024
Rate Roulette: Various Central Banks Gear Up for Decisions
Written on June 14, 2024 at 3:13 am, by
Tuesday, 18 June 2024, 06:30 – RBA Interest Rate Decision (Jun) In May, Australia’s central bank, the RBA, maintained its interest rate at 4.35%, as widely expected for the fourth meeting in a row. The bank cautioned that inflation risks were tilted towards rising, indicating that there were no imminent plans for policy adjustments inContinue Reading
PU Prime App and MT4/MT5 Server Upgrade Notice
Written on June 13, 2024 at 9:13 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 6:08 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
