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Monthly Archives: October 2024

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Upcoming Weekly Adjustment on Index Dividend Notice

Written on October 18, 2024 at 6:42 am, by

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

Gold Surge to New High Amid Intensify Geopolitical Risk

Written on October 18, 2024 at 5:49 am, by

Market Summary Gold surged to the $2700 mark in the last session as heightened geopolitical risks in the Middle East spurred demand for safe-haven assets. Reports of the Israeli military killing Hamas leader Yahya Sinwar, a key figure behind the attacks that escalated into the Gaza war, have intensified market concerns, driving gold’s upward momentum.Continue Reading

All Eyes on Canada Central Bank Next Week!

Written on October 18, 2024 at 2:30 am, by

Wednesday, 23 October 2024, 15.45 – BoC Interest Rate Decision The latest Bank of Canada interest rate decision saw a 25-basis point cut on its previous meeting, bringing the key policy rate to 4.25%. This marks the third consecutive rate cut in 2024, a response to weakening economic conditions, such as reduced consumer spending, contractingContinue Reading

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