Yearly Archives: 2023
Fed Rate At The Highest Level Since 2007
Written on May 4, 2023 at 5:58 am, by lishitong
The dollar has dipped on dovish expectations and downward pressure on the economy Federal Reserve Chairman Jerome Powell announced yesterday that the central bank would deliver its 10th consecutive interest-rate hike of 25 basis points, bringing the Fed rate to 5.25%, its highest level since 2007. Powell also hinted that the Fed may consider pausingContinue Reading
New Product Launch
Written on May 2, 2023 at 8:36 am, by lishitong
Dear Valued Client, We are pleased to announce that PU Prime will launch new product of Forex on 08th May 2023 to provide clients with a broader portfolio of products. Please refer to the table below outlining the new instrument: *All dates are provided in GMT+3 (Server Time in MT4/MT5.) Please note that the aboveContinue Reading
All Eyes on Fed’s Interest Rate Decision
Written on May 2, 2023 at 5:47 am, by lishitong
Markets are widely expecting a 25-point hike at the upcoming Fed meeting The U.S. financial markets experienced much-needed stabilisation after JP Morgan’s acquisition of First Republic bank, the latest financial institution to fail. This development has lifted the U.S. equities markets, with Asian markets also opening higher after returning from the labour day holiday. TheContinue Reading
