Monthly Archives: May 2024
41654156156Upcoming Weekly Adjustment on Index Dividend Notice
Written on May 24, 2024 at 8:43 am, by lucaszhang
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
Surprise or Steady? April’s Core PCE Data to Set Market Tone
Written on May 24, 2024 at 6:58 am, by jonywang
Tuesday, 28 May 2024, 03:30 – Australia Retail Sales (MoM) (Apr) Australian retail sales experienced a greater decline than anticipated in the March quarter, dropping by 0.4% compared to the expected 0.2% decrease. This marked the lowest annual retail sales growth since 2021, excluding pandemic-related impacts. The primary factors behind this decline were higher mortgageContinue Reading
Dollar Gain on Hawkish Fed Prospect
Written on May 24, 2024 at 5:19 am, by jonywang
Market Summary Yesterday’s US data release surprised markets, with upbeat PMI readings exceeding expectations. The S&P Composite PMI reached a two-year high, while Initial Jobless Claims fell short of forecasts. This robust economic performance dampened hopes for a Fed rate cut this year, leading to a sharp selloff across both equities and fixed income markets.Continue Reading