Monthly Archives: June 2024
41654156156Upcoming Weekly Adjustment on Index Dividend Notice
Written on June 7, 2024 at 7:04 am, by alanzhu
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
Will Fed Push Back On Rate Cut Next Week?
Written on June 7, 2024 at 5:59 am, by jonywang
Wednesday, 12 June 2024, 15:30 – US CPI (MoM) (May) In April, U.S. consumer prices saw a smaller-than-expected increase, registering at 0.3% compared to the previous 0.4%. This suggests that inflation started to decrease once more at the beginning of the second quarter. As the economy appears to be slowing down and consumer spending isContinue Reading
Market Awaits For Crucial NFP
Written on June 7, 2024 at 5:56 am, by jonywang
Market Summary All eyes are on today’s Nonfarm Payroll (NFP) and U.S. unemployment rate data, which could be the final piece of the puzzle for the Federal Reserve’s rate cut decision this year. Recent lackluster U.S. economic indicators, alongside monetary policy pivots from the Bank of Canada (BoC) and the European Central Bank (ECB), mayContinue Reading