Monthly Archives: August 2024
41654156156Oil Steady Amid Middle East Supply Concerns
Written on August 30, 2024 at 2:07 am, by pumarketings
Fundamental Analysis * Supply Concerns: Oil prices remained stable in early Friday trading as investors balanced supply concerns in the Middle East with indications of weakened demand. Reports indicate that over half of Libya’s oil production, approximately 700,000 barrels per day (bpd), was offline on Thursday, with exports halted at several ports due to aContinue Reading
Upcoming Changes to Trading Hours
Written on August 29, 2024 at 8:03 am, by alanzhu
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.) Note: In the event of reduced liquidity in the market,Continue Reading
Eye on Today’s U.S. GDP
Written on August 29, 2024 at 5:33 am, by pumarketings
Market Summary Nvidia’s highly anticipated earnings report was released yesterday, but despite the numbers beating market consensus, the performance lacked a “wow” factor for investors. As a result, the market seemed to have already priced in the earnings, leading to a decline in all three major indexes on Wall Street. Despite yesterday’s technical correction, Nvidia’sContinue Reading
