Monthly Archives: August 2024
41654156156Aussie Dollar Rose Amid Hawkish RBA

Written on August 12, 2024 at 2:21 am, by pumarketings
Fundamental Analysis * Yen Woes: The Japanese Yen continues to weaken against the dollar as the market processes dovish statements from the Bank of Japan (BoJ). According to Reuters, BoJ Deputy Governor Shinichi Uchida recently stated that the BoJ would not consider raising interest rates amidst market instability. He also mentioned that the BoJ’s interestContinue Reading
Upcoming Weekly Adjustment on Index Dividend Notice
Written on August 9, 2024 at 7:44 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
Nasdaq Bullish, Encourage by Upbeat U.S. Job Data

Written on August 9, 2024 at 5:50 am, by pumarketings
Market Summary The financial markets reacted positively to the upbeat Initial Jobless Claims data released yesterday, which came in at 233k, lower than market expectations. This eased concerns about a weakening labour market and the heightened recession risks that emerged after last Friday’s disappointing NFP report. Wall Street benefited from the improved risk appetite, withContinue Reading