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Monthly Archives: April 2024

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Aussie Recovers, Mideast Risks May Limit Upside

Written on April 15, 2024 at 2:45 am, by

Fundamental Analysis * Geopolitical Perils: AUD/USD sees a slight rebound from a two-month low reached on Friday, driven by profit taking among sellers while market focus on attention on escalating geopolitical tensions in the Middle East. Iran retaliated against Israel late Saturday with explosive drones and missiles following a suspected Israeli attack on its consulateContinue Reading

Upcoming Weekly Adjustment on Index Dividend Notice

Written on April 12, 2024 at 8:40 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

Inflation Takes the Wheel: Brace for Impact!

Written on April 12, 2024 at 8:19 am, by

Monday, 15th April 2024, 14:30 – US Retail Sales (MoM) (Mar) According to the US Census Bureau, retail sales in the US rose by 0.6% on monthly basis in February. This reading followed a 1.1% decline registered in the initial month of the year, amounting to $696.7 billion, and fell below the anticipated 0.8% increase.Continue Reading

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