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Monthly Archives: May 2023

Upcoming Weekly Adjustment On Index Dividend Notice

Written on May 11, 2023 at 7:19 am, by

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

Soft CPI Give Fed Room To Pause Rates

Written on May 11, 2023 at 5:45 am, by

A lower-than-expected inflation has lent optimism to the markets The latest U.S. inflation figures have provided the Federal Reserve with some respite on its upcoming rate hike decision. The data for April showed a slight drop in inflation to 4.9% from 5%, easing the Fed’s dilemma. As a result, the dollar weakened while equity marketsContinue Reading

US CPI Shows Signs Of Moderation But Caution Still Advised

Written on May 11, 2023 at 4:24 am, by

Markets have posted a slight rally after inflation came in lower than analyst expectations even as a debt crisis looms. On Wednesday, the U.S. Bureau of Labor Statistics released the year-on-year CPI readings for April, where a rise of 4.9% came in marginally lower than economists’ expectations of 5.0%. Meanwhile, month-on-month core CPI came inContinue Reading

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