Yearly Archives: 2024
Countdown to Chaos? U.S. Election Set to Rock Markets
Written on November 1, 2024 at 2:11 am, by pumarketings
Tuesday, 5 November 2024, 05.30 – RBA Interest Rate Decision (Nov) The latest update from the Reserve Bank of Australia (RBA) shows that rates were held steady at 4.35% for the seventh meeting in a row in September, reflecting its cautious approach amid mixed economic signals. Under the leadership of Governor Michele Bullock, the RBAContinue Reading
8 Critical Mistakes Day Traders Make and How to Avoid Them
Written on October 31, 2024 at 5:46 am, by sallychang
Did you know that 80% of day traders give up within their first two months? This fact shows how tough day trading can be. At PU Prime, we’ve seen how avoiding common mistakes can change a trader’s path. Let’s look at eight key mistakes that often catch day traders off guard and how to avoidContinue Reading
Dollar Eases as GDP Come Soft
Written on October 31, 2024 at 3:39 am, by pumarketings
Market Summary The dollar faced pressure from the GDP reading released yesterday, which came in lower than market expectations. However, amidst prevailing risk-off sentiment, the dollar managed to find support above the $104.00 mark. Today’s highly anticipated U.S. PCE reading, the Fed’s preferred inflation gauge, is expected to provide crucial insights into upcoming monetary policyContinue Reading
