Monthly Archives: October 2022
Outsized ADP Nonfarm Employment Fizzles Stock Rally give back
Written on October 6, 2022 at 3:38 am, by lishitong
On Wednesday evening (GMT+3), the US ADP Nonfarm Employment data was released, clocking in at 208,000 jobs added, better than the 200,000 forecasted and August’s 185,000. While the manufacturing, natural resources, and mining industries reported a loss of 29,000 positions, huge additions in the trade, transportation, utilities; and business and professional services sectors more thanContinue Reading
US Share CFDs Products Adjustment Notice
Written on October 5, 2022 at 1:29 am, by lishitong
Dear Valued Client, Please be advised that the leverage on all US Share CFDs products will be adjusted starting from 10th October 2022 to further optimise the competitiveness and improve the trading environment. Please refer to the table below for adjustment: *All dates are provided in GMT+3 (Server Time in MT4/MT5.) If you have anyContinue Reading
Bank of English Stages Emergency Bond Buying as Pound Plunges
Written on October 3, 2022 at 4:43 am, by lishitong
Bank of English Stages Emergency Bond Buying as Pound Plunges The Bank of England, UK’s Central Bank, has announced this week a temporary gilt-buying programme to urgently respond to a “material risk to UK financial stability” after the pound went into free fall after new prime minister Liz Truss announced tax cuts and other spendingContinue Reading
