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Monthly Archives: May 2022

Upcoming Weekly Adjustment on Index Dividend Notice

Written on May 5, 2022 at 8:59 am, by

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

Rate Hike Overshadows US ADP Nonfarm Employment Figures

Written on May 5, 2022 at 7:02 am, by

On Wednesday afternoon (GMT+3), the US ADP Nonfarm Employment Change figures were announced, revealing that employment in the US rose by 247,000, lower than the forecasted increase of 395,000 and the previous month’s increase of 479,000. Markets were largely unmoved by the ADP Employment figures as participants awaited the Fed’s interest rate decision. For theContinue Reading

Russia Cuts Gas to Poland and Bulgaria

Written on May 2, 2022 at 1:22 am, by

Gazprom, the Russian state-controlled energy giant, has announced that it has cut off supplies of natural gas to Poland and Bulgaria. The move is the first of its kind to result from the Kremlin’s insistence that “unfriendly countries” pay for Russian energy in rubles. Russia’s currency plunged into freefall at the onset of the Russia-UkraineContinue Reading

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