Monthly Archives: August 2024
Wall Street Advances Ahead of CPI
Written on August 12, 2024 at 5:12 am, by
Market Summary The equity markets continued their upward momentum, driven by the easing of the Japanese Yen’s strength. The Yen was pressured by a dovish tone from Japanese authorities, signalling that the Bank of Japan (BoJ) might keep its monetary policy unchanged amid rising global economic uncertainties. However, attention is now shifting to the upcomingContinue Reading
Upcoming Weekly Adjustment on Index Dividend Notice
Written on August 9, 2024 at 7:50 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
Fed Pressured: Will CPI Data Fuels Calls for Rate Cuts？
Written on August 9, 2024 at 7:08 am, by
Tuesday, 13 August 2024, 16:00 – US PPI (MoM) (Jul) The U.S Producer Price Index (PPI) for June showed a month-over-month increase of 0.2%, which was slightly above market expectations of 0.1%. This increase followed a flat reading in May and a decline of 0.2% in April, highlighting some volatility in producer prices over theContinue Reading
