Monthly Archives: March 2022
China Sees Worst Covid-19 Outbreak Since Pandemic Start
Written on March 21, 2022 at 2:34 am, by lishitong
28 of China’s 31 provinces have recently seen an outbreak of the highly-infectious Omicron variant of the coronavirus. With over 15,000 infected, this is the largest outbreak China has seen since the initial wave of the virus. The recent outbreak has hit major cities including Shanghai and Shenzhen. Dongguan city, the fifth-largest contributor to China’sContinue Reading
Upcoming Weekly Adjustment on Index Dividend Notice
Written on March 17, 2022 at 9:54 am, by lishitong
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
Gold Steadies as Fed Increases Interest Rate By Expected 0.25%
Written on March 17, 2022 at 3:12 am, by lishitong
On Wednesday, 16 March, the US Federal Reserve made the long-awaited decision to raise interest rates to combat surging inflation. As per the market’s expectations, the Fed raised rates by 25 basis points. The 0.25% rate hike was voted on almost unanimously by policymakers, except St Louis Fed president James Bullard, who voted in favour ofContinue Reading
