Monthly Archives: September 2024
41654156156Wall Street Capitulate on Soft NFP Reading

Written on September 9, 2024 at 5:01 am, by pumarketings
Market Summary The financial markets were shaken by the release of key U.S. economic indicators last Friday, triggering heightened volatility across sectors. The Nonfarm Payrolls (NFP) came in significantly lower than expected at 142k, indicating a slowdown in U.S. economic growth. This weighed heavily on Wall Street, with the Nasdaq dropping more than 2.5%. TheContinue Reading
Aussie Plunged Following Mixed US NFP Release

Written on September 9, 2024 at 2:26 am, by pumarketings
Fundamental Analysis * NFP Aftermath: The Australian Dollar turned negative and declined against the U.S. Dollar following the release of August’s U.S. Non-Farm Payrolls (NFP) report. The data revealed weaker-than-expected job growth, with 142K new jobs added, falling short of the forecasted 160K but still above July’s revised figure of 89K (originally 114K). Despite theContinue Reading
Upcoming Weekly Adjustment on Index Dividend Notice
Written on September 6, 2024 at 6:53 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