Monthly Archives: August 2024
41654156156Upcoming Weekly Adjustment on Index Dividend Notice
Written on August 30, 2024 at 6:59 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
Upbeat U.S. GDP Spurs Dollar Strength
Written on August 30, 2024 at 6:01 am, by pumarketings
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
Fed Rate Cut Calls, Would NFP Tilt The Odds?
Written on August 30, 2024 at 2:21 am, by pumarketings
Tuesday, 3 September 2024, 16:00 – US ISM Manufacturing PMI (Aug) The latest data for the U.S. ISM Manufacturing PMI, released on August 1, 2024, shows a decline to 46.8, down from 48.5 in June. This marks the sixth consecutive month of contraction (a reading below 50) and remains well below the historical average ofContinue Reading
