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Monthly Archives: August 2023

Upcoming Weekly Adjustment on Index Dividend Notice

Written on August 18, 2023 at 7:41 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

Global Equity Markets Tumble as Recession Looms

Written on August 18, 2023 at 5:53 am, by

Asian stock markets are on track for a weekly decline, but global government bond yields increased, reaching a level not seen in 15 years. Asian stock markets are on track for a weekly decline, partly influenced by China’s economic challenges and the prevailing global high-interest rate environment. A notable increase in the global government bondContinue Reading

The Impact of Rate Hikes On US Home Sales And Services PMI

Written on August 18, 2023 at 1:47 am, by

The Week Ahead: Week of 21 August (GMT+3) Tuesday, 22 August, 17:00 – US Existing Home Sales (Jul) During June, existing home sales in the U.S. witnessed a drop, reaching a five-month low of 4.16 million, which could be attributed to the impact of the Federal Reserve’s aggressive interest rate hikes on house prices. InContinue Reading

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