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Monthly Archives: October 2023

Upcoming Weekly Adjustment on Index Dividend Notice

Written on October 27, 2023 at 8:10 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

Market Anticipates Pause In Rate Hike

Written on October 27, 2023 at 5:31 am, by

The Week Ahead: Week of 30 October (GMT+3) Wednesday, 1 November, 21:00 – US Fed Interest Rate Decision (Oct) The markets are currently anticipating that the Federal Reserve will maintain its current interest rates next week. This aligns with recent dovish statements made by Fed officials and the generally favourable economic data. Nevertheless, the possibilityContinue Reading

Dollar Steadies: Investors Await PCE Report For Market Direction

Written on October 27, 2023 at 5:14 am, by

The US Dollar experienced a relatively flat day, marked by robust GDP growth at 4.90% while Initial Jobless Claims worse-than-market expectations at 210K The US Dollar experienced a relatively flat day, marked by robust GDP growth at 4.90% while Initial Jobless Claims worse-than-market expectations at 210K. Gold markets adopted a cautious stance, with anticipation buildingContinue Reading

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