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Monthly Archives: March 2024

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Poor PMI Reading Weigh On Dollar’s Strength

Written on March 4, 2024 at 8:47 am, by

* Poor ISM PMI readings put pressure on dollar strength. * Traders’ eyes on Tokyo Core CPI due tomorrow to gauge the Yen’s strength.  * OPEC+ will extend oil supply cuts to the second quarter of 2024 to avert a global surplus.   Market Summary Last week’s release of ISM PMI readings, which fell short ofContinue Reading

Trade Of The Day: US Manufacturing PMI Miss, Gold Soars

Written on March 4, 2024 at 8:02 am, by

Fundamental Analysis:  Technical Analysis:  Learn more about Support and Resistance levels to help you in technical analysis. Potential Risks: Despite the recent data reigniting expectations for an earlier rate cut, the market remains cautious as Atlanta Fed President Raphael Bostic has conveyed a stance indicating the possibility that the Federal Reserve might need to maintain currentContinue Reading

Upcoming Weekly Adjustment on Index Dividend Notice

Written on March 1, 2024 at 8:35 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

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