Monthly Archives: July 2024
41654156156USD/JPY Gains After Strong US Retail Sales
Written on July 17, 2024 at 1:56 am, by jonywang
Fundamental Analysis * Retail Resilience: The Japanese Yen weakened against the U.S. dollar as the market absorbed stronger-than-expected U.S. Retail Sales data. The U.S. Commerce Department reported that retail sales remained flat in June, contrary to Wall Street’s prediction of a 0.3% decline in spending, based on Bloomberg data. Additionally, May’s retail sales figures wereContinue Reading
Share CFDs Products Adjustment Notice
Written on July 16, 2024 at 7:24 am, by alanzhu
Dear Valued Client, Please be advised that the leverage on all US Share CFDs products had been adjusted from 15 July 2024 to further optimise the competitiveness and improve the trading environment. Please refer to the table below for adjustment: Additionally, the leverage for new positions opened to all shares CFDs during 30 minutes beforeContinue Reading
Wall Street Rallies On Powell’s Dovish Tone
Written on July 16, 2024 at 5:19 am, by jonywang
Market Summary As we step into the earnings report season, the U.S. equity market rallied, with the Dow Jones climbing to its highest point in the last session, gaining over 200 points. The aftermath of Donald Trump’s shooting incident has influenced the equity market, compounded by a dovish statement from Jerome Powell indicating that inflationContinue Reading
