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Monthly Archives: April 2023

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Markets Steady Ahead of NonFarm Payroll.

Written on April 7, 2023 at 5:53 am, by

Most of the asset classes were muted ahead of the Nonfarm Payroll report which will be released today; Markets seemed confused and contradictory between asset classes with the backdrop of high inflation and recession fears. Assets class, including equity markets, the U.S. dollar, gold, stayed flat on Thursday amid directionless trading. On the other hand,Continue Reading

Upcoming Weekly Adjustment on Index Dividend Notice

Written on April 6, 2023 at 7:11 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

Is a Recession Looming?

Written on April 6, 2023 at 5:50 am, by

Recession fears have escalated in the markets, especially after the ADP Nonfarm payroll was released yesterday. The dollar index traded higher, and gold prices poised at a yearly high as safe-haven assets are being sought after by investors amid a recession looming with a lower-than-expected U.S. job report. On top of that, the U.S. ISMContinue Reading

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