Monthly Archives: January 2025
41654156156Upcoming Weekly Adjustment on Index Dividend Notice
Written on January 31, 2025 at 8:36 am, by sallychang
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
Dollar Holds Firm as Markets Await Fed Decision
Written on January 29, 2025 at 3:08 am, by pumarketings
Market Summary The U.S. dollar remained firm ahead of key central bank decisions, with USD/CAD edging higher as traders anticipated a rate cut from the Bank of Canada. Meanwhile, market sentiment stayed cautious ahead of the Federal Reserve’s policy meeting, with investors closely watching for any signals on future rate changes. Gold rebounded after recentContinue Reading
China’s DeepSeek Triggers Nasdaq Plummet
Written on January 28, 2025 at 2:57 am, by pumarketings
Market Summary The Nasdaq experienced a significant sell-off in the last session, plunging over 600 points (3%) amid concerns about competition from China’s DeepSeek. This open-source AI model, positioned as a cost-efficient alternative to U.S.-developed models like OpenAI’s ChatGPT, has fueled market apprehensions about its potential disruption to the tech sector. Adding to the bearishContinue Reading