Monthly Archives: August 2024
41654156156Upcoming Weekly Adjustment on Index Dividend Notice
Written on August 16, 2024 at 7:58 am, by sallychang
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 Rebound On Upbeat U.S. Economic Indicators
Written on August 16, 2024 at 5:41 am, by pumarketings
Market Summary The U.S. dollar rebounded after being weighed down earlier in the week by softer-than-expected PPI and CPI readings. The turnaround was driven by stronger-than-anticipated U.S. Retail Sales growth and Initial Jobless Claims, which eased recession fears and bolstered the dollar’s strength in the last session. Wall Street reacted positively to the upbeat economicContinue Reading
Quiet Before the Storm?Markets Poised for a Relaxed Week
Written on August 16, 2024 at 2:55 am, by pumarketings
Tuesday, 20 August 2024, 14:30 – Canada CPI (YoY) (Jul) For June 2024, Canada’s CPI rose by 2.7% year-over-year, down from 2.9% previously. This decrease in core inflation is driven by a combination of slower economic growth and moderated wage growth, even with a strong labor market. With the current monetary policy and expectations ofContinue Reading
