Yearly Archives: 2024
Dollar Strengthen as Inflation Data Remain High

Written on September 4, 2024 at 2:09 am, by
Market Summary The highly anticipated PCE reading released last Friday catalysed the U.S. dollar, pushing it above its previous resistance level of $101.00 to reach a weekly high. While the Fed’s preferred inflation gauge came in lower than market expectations, it remained well above the 2% target, suggesting that the Fed may opt for aContinue Reading
Upbeat U.S. GDP Spurs Dollar Strength

Written on September 4, 2024 at 2:08 am, by
Market Summary The Dow Jones set a new milestone, rising to 41,577 points before experiencing a retracement. In contrast, the Nasdaq continues to struggle, weighed down by Nvidia’s earnings report, which appears to lack a significant “wow” factor. The Asian equity markets are expected to mirror the sentiment of the U.S. market and may endContinue Reading
Upcoming Weekly Adjustment on Index Dividend Notice
Written on August 30, 2024 at 7:08 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