Monthly Archives: May 2023
Upcoming Weekly Adjustment on Index Dividend Notice
Written on May 4, 2023 at 8:33 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
Fed Meeting Goes As Expected, Signals Potential Hike Pause
Written on May 4, 2023 at 7:15 am, by lishitong
Traders are strongly advised to look out for Friday’s Nonfarm Payrolls data, meanwhile, is estimated to be at 180K, lower than the previous month’s 236K In line with market expectations, the U.S. Federal Reserve raised interest rates by 0.25%, or 25 basis points, bringing the so-called Fed fund rate up to between 5% to 5.25%,Continue Reading
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
