Monthly Archives: November 2024
Dollar Spur by Trump’s Leading Position in Election
Written on November 18, 2024 at 7:20 am, by
Market Summary As vote counting for the U.S. election continues, Donald Trump is currently leading, which has spurred a “Trump trade” sentiment in financial markets. This momentum has caused the U.S. dollar to surge, with the Dollar Index jumping nearly 1%. Wall Street responded positively as well, with both major indices closing higher. Tesla sharesContinue Reading
Upcoming Weekly Adjustment on Index Dividend Notice
Written on November 15, 2024 at 7:35 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
Dollar Power! Set to Hold Strong with Quiet Data Ahead
Written on November 15, 2024 at 5:48 am, by
Tuesday, 19 November 2024, 12:00 – Eurozone CPI (YoY) (Oct) In October, annual inflation in the Eurozone rose, with the preliminary Eurozone CPI reading climbing to 2% from 1.7% in September, according to Eurostat. The main contributors to this increase were higher prices in services, food, alcohol, and tobacco. The European Central Bank stated thatContinue Reading
