Monthly Archives: June 2024
41654156156Upcoming Weekly Adjustment on Index Dividend Notice
Written on June 14, 2024 at 8:22 am, by alanzhu
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 Gains on Hawkish Fed Outlook
Written on June 14, 2024 at 5:43 am, by jonywang
Market Summary After digesting Jerome Powell’s comments following the FOMC interest rate decision on Wednesday, the dollar erased all its losses from the soft CPI reading, continuing its upward trajectory. The hawkish outlook from the Fed stimulated dollar strength against its peers, while the bullish momentum in equity markets was hindered by the prospect ofContinue Reading
Rate Roulette: Various Central Banks Gear Up for Decisions
Written on June 14, 2024 at 3:02 am, by jonywang
Tuesday, 18 June 2024, 06:30 – RBA Interest Rate Decision (Jun) In May, Australia’s central bank, the RBA, maintained its interest rate at 4.35%, as widely expected for the fourth meeting in a row. The bank cautioned that inflation risks were tilted towards rising, indicating that there were no imminent plans for policy adjustments inContinue Reading