PU Prime App
Exclusive deals on mobile
PU Prime App
Exclusive deals on mobile
Tenha os Mercados Globais Nas Suas Mãos
A nossa app móvel de negociação é compatível com a maioria dos dispositivos inteligentes. Descarregue agora a App e comece a negociar com a PU Prime em qualquer dispositivo, a qualquer hora e em qualquer lugar.
2 June 2022,03:40
Weekly Outlook
2 June 2022, 03:40
On Wednesday evening (GMT+3), the US ISM Manufacturing Purchasing Managers‘ Index (PMI) figure for May was released. May showed a reading of 56.1, higher than the forecasted 54.5 and the previous month’s value of 55.4. The ISM Manufacturing PMI measures product demand from over 300 key manufacturers in the US and is considered a major indicator of the US economy. A PMI above 50 indicates that manufacturing expanded from the previous month, while a reading below 50 suggests contraction.
Despite outsized inflation figures, supply chain disruptions, and the effects of a global pandemic, the US economy has shown surprising resilience. The last time the Manufacturing PMI dropped below 50 was in June 2020.
A report from Wells Fargo writes that the PMI “offers a mixed read on the state of US industry”, showing growth in orders and order backlogs, incremental improvements in supplier deliveries, and a minor easing of inflation pressure.
Post Market
The US dollar strengthened on the back of a combination of strong economic data for the US, hawkish Fed comments, and weaker economic data for many of its G7 peers. The DXY rose 0.73% on Wednesday evening and is trading steady near the 102 mark. Meanwhile, the 10-year Treasury yield reached an intraday high of 2.95%.
Despite higher Treasury yields, the non-yielding gold rebounded on Wednesday and has been trading steadily since. Spot gold is currently trading at 1844.35.
With strong economic data raising expectations of even more aggressive monetary tightening, combined with a warning of an “economic hurricane” from JPMorgan Chase President Jamie Dimon, the markets were risk-off. The S&P 500 was down 0.7%, the Dow Jones was down 0.5% and the Nasdaq was down 0.7%.
Investors are now advised to pay close attention to the upcoming US Nonfarm Payrolls, which will be released on Friday, 3 June at 15:30 (GMT+3).
As a friendly reminder, do keep an eye on market changes, control your positions, and manage your risk well.
Trade forex, indices, Metais, and more at industry-low spreads and lightning-fast execution.
Registe-se para uma Conta PU Prime Real com o nosso processo sem complicações
Financie sem esforço a sua conta com uma vasta gama de canais e moedas aceites
Aceda a centenas de instrumentos em condições de negociação líderes de mercado
Plataformas de Negociação
Educação
Empresa
FAQs
App PU Prime - Comece a Negociar com uma Vantagem
Risk Warning: Trading Contract for Difference (CFD) carries a high level of risk to your capital and may result in losses that exceed your deposits due to leverage. It's important to understand how CFDs work and assess whether you can afford the high risk of losing your money. When acquiring our derivative products, you do not own or have rights in the underlying assets. Past performance is not indicative of future results. The information on this website is general and does not take into account your personal objectives, financial circumstances, or needs. Seek independent advice from qualified experts if necessary, and ensure you fully understand the risks before making any trading decisions.
PU Prime is a brand name of different entities authorised and registered in various jurisdictions.
PU Prime Limited is authorized and regulated by the Financial Services Authority of Seychelles under License No. SD050, with registered address at CT House, Office 1A, Providence, Mahe, Seychelles.
PU Prime Ltd is authorized and regulated by the Financial Services Commission of Mauritius under License No. GB23202672, with registered address at Suite 201 Level 2, The Catalyst Building, 40 Silicon Avenue, Cybercity Ebene, Mauritius.
PU Prime (Pty) Ltd is an authorised Financial Services Provider registered and regulated by the Financial Sector Conduct Authority of South Africa under License No. 52218, with registered address at 37 Harley Street, Ferndale, Randburg, Gauteng, South Africa.
The information on this website is not intended for residents of certain jurisdictions, including the United States, Singapore, Australia, China, Russia, and jurisdictions listed on the FATF and EU/UN sanctions lists. It is not intended for distribution or use where such distribution or use would be contrary to local law or regulation. While the Authority has granted a securities or derivatives investment business licence to the Licensee, it does not endorse the products offered.
Finzero Cap Ltd, registered in the Republic of Cyprus with registration number HE414308 and registered address at 62 Athalassas, Mezzanine, Strovolos 2012, Nicosia, Cyprus.
Copyright © 2024 PU Prime.
Please note the Website is intended for individuals residing in jurisdictions where accessing the Website is permitted by law.
Please note that PU Prime and its affiliated entities are neither established nor operating in your home jurisdiction.
By clicking the "Acknowledge" button, you confirm that you are entering this website solely based on your initiative and not as a result of any specific marketing outreach. You wish to obtain information from this website which is provided on reverse solicitation in accordance with the laws of your home jurisdiction.
Thank You for Your Acknowledgement!
Ten en cuenta que el sitio web está destinado a personas que residen en jurisdicciones donde el acceso al sitio web está permitido por la ley.
Ten en cuenta que PU Prime y sus entidades afiliadas no están establecidas ni operan en tu jurisdicción de origen.
Al hacer clic en el botón "Aceptar", confirmas que estás ingresando a este sitio web por tu propia iniciativa y no como resultado de ningún esfuerzo de marketing específico. Deseas obtener información de este sitio web que se proporciona mediante solicitud inversa de acuerdo con las leyes de tu jurisdicción de origen.
Thank You for Your Acknowledgement!
