Monthly Archives: July 2024
41654156156Kiwi Plunged Amid Rising RBNZ Rate Cut Bets
Written on July 23, 2024 at 2:12 am, by jonywang
Fundamental Analysis * Kiwi Tumble: The New Zealand dollar remains under pressure due to increasing expectations of an imminent rate cut by the Reserve Bank of New Zealand (RBNZ). This sentiment has been driven by a softer Consumer Price Index (CPI) inflation for New Zealand in the second quarter (Q2), which has led to heightenedContinue Reading
ETFs Products Optimisation Notice
Written on July 22, 2024 at 7:21 am, by alanzhu
Dear Valued Client, Please be advised that there will be optimisation on ETFs product from 29th July 2024 to further enhance the competitiveness and improve the trading environment. Please refer to the table below for optimisation: *All dates are provided in GMT+3 (Server Time in MT4/MT5.) Please ensure there is sufficient margin in trading accountContinue Reading
Biden’s Election Withdrawal Bolstering Dollar?
Written on July 22, 2024 at 5:22 am, by jonywang
Market Summary Biden’s withdrawal from the upcoming U.S. presidential election has thrown a stun grenade into the market, with most asset classes standing pat as investors digest the event. The dollar remains poised at its high from last Friday, with expectations of strengthening as Trump’s advocacy may favor the greenback. Meanwhile, the U.S. equity marketContinue Reading
