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Monthly Archives: August 2024

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Japanese Yen Slips Following Trade Deficit Data

Written on August 22, 2024 at 5:25 am, by

Fundamental Analysis * Deficit Drag: The Japanese Yen have fell against the dollar as a record of Japan’s trade deficit data has dragged the Japanese Yen. According to data showed on Wednesday, Japan’s Merchandise Trade Balance fell into a deficit of ¥621.84 billion in July, reversing the surplus of ¥224.0 billion reported in June andContinue Reading

Indices Product – HKTECH Optimisation Notice

Written on August 22, 2024 at 2:21 am, by

Dear Valued Client, Please be advised that the leverage of HKTECH will be optimised from 26th August 2024 to further enhance the competitiveness and improve the trading environment. Please refer to the table below for adjustment:

Eye on Today’s FOMC Meeting Minutes

Written on August 21, 2024 at 5:38 am, by

Market Summary Wall Street took a pause in the last session, with all three major indexes remaining relatively flat as investors awaited the highly anticipated FOMC meeting minutes. Should the minutes align with market expectations and present a dovish tone, it could put further downward pressure on the dollar while potentially fueling gains in theContinue Reading

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