Monthly Archives: July 2024
41654156156Dollar Plummet On Soft CPI
Written on July 12, 2024 at 3:12 am, by jonywang
Market Summary The highly anticipated U.S. CPI report met expectations with a figure below market consensus, shaking up financial markets. The dollar plummeted to its lowest level since last month amid heightened speculation of a dovish Fed stance. Concurrently, the U.S. equity market experienced a notable anomaly, marked by significant declines. This anomaly is attributedContinue Reading
Oil Rose On Summer Demand, Easing US Inflation
Written on July 12, 2024 at 2:19 am, by jonywang
Fundamental Analysis * Fuel Boom: Crude oil prices have increased due to indications of robust summer demand and reduced inflationary pressures in the United States, the world’s largest oil market, boosting investor confidence. U.S. government data revealed that gasoline demand reached 9.4 million barrels per day (bpd) in the week ending July 5, the highestContinue Reading
New Product Launch
Written on July 11, 2024 at 7:06 am, by alanzhu
Dear Valued Client, We are pleased to announce the addition of the Hang Seng Tech Index Cash on 15 July 2024 to our product portfolio, providing clients with broader diversification opportunities. We would like to highlight that as trading with us would be with CFDs. The Hang Seng Tech Index Cash are non-deliverable contracts thatContinue Reading
