Monthly Archives: July 2024
41654156156Yen Extend Losses Following Japan Inflation Data
Written on July 22, 2024 at 3:20 am, by jonywang
Fundamental Analysis * Yen Falter: The Japanese Yen (JPY) weaken against the greenback following the release of the latest mixed inflation data on Friday. Japan’s National Consumer Price Index (CPI) for June remained steady at 2.8%, matching the previous month’s figure and maintaining its highest level since February. However, Core CPI inflation increased to 2.6%,Continue Reading
Upcoming Weekly Adjustment on Index Dividend Notice
Written on July 19, 2024 at 7:38 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
Wall Street Faces Headwind And Plummet
Written on July 19, 2024 at 5:30 am, by jonywang
Market Summary The U.S. job data released yesterday bolstered speculation of a September Fed rate cut. Initial Jobless Claims saw the biggest increase since May, suggesting the labor market in the U.S. is easing, and inflation is cooling as a result. Despite this, the dollar took a breather from its downtrend and found footing nearContinue Reading
