Monthly Archives: August 2024
41654156156Gold Surge on Heightens Middle East Tension
Written on August 26, 2024 at 5:31 am, by pumarketings
Market Summary Jerome Powell’s highly anticipated speech last Friday at the Jackson Hole Economic Symposium drove the dollar to its lowest level since last July. The Fed Chair expressed concerns about the U.S. job market and indicated confidence that the inflation rate will reach the 2% target, suggesting a dovish stance from the U.S. centralContinue Reading
Gold Soars Amid Dovish Comments From Fed
Written on August 26, 2024 at 2:07 am, by pumarketings
Fundamental Analysis * Dovish Fed: Gold prices have surged, reclaiming the $2,500 level after dovish remarks from the Fed signaled an upcoming interest rate cut starting in September, coupled with a weaker dollar. Fed Chair Jerome Powell delivered the message at the Kansas City Fed’s annual economic symposium in Jackson Hole on Friday, leading toContinue Reading
Upcoming Weekly Adjustment on Index Dividend Notice
Written on August 23, 2024 at 8:09 am, by glennsong
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. Please refer toContinue Reading
