Monthly Archives: May 2024
41654156156Upcoming Weekly Adjustment on Index Dividend Notice
Written on May 2, 2024 at 6:52 am, by lucaszhang
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
Dollar Hammers By Dovish Powell Statement
Written on May 2, 2024 at 5:47 am, by jonywang
Market Summary The financial markets were roiled by Jerome Powell’s remarks following the Fed’s interest rate decision announcement. Powell’s dovish stance prompted a sharp decline in the strength of the U.S. dollar, while gold prices rebounded on the prospect of a softer dollar. Despite ongoing signs of inflationary pressures in the U.S, Powell indicated thatContinue Reading
Pound Rose On BoE Positive Comments, Soft U.S Dollar
Written on May 2, 2024 at 2:21 am, by jonywang
Fundamental Analysis * Sterling Spark: The British pound strengthened against the US dollar, buoyed by positive remarks from Bank of England officials and a decline in the dollar following the Federal Reserve’s recent interest rate decision. On U.S front, the Fed maintained its benchmark rate within a target range of 5.25%–5.50%. The Fed indicated itContinue Reading
