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Monthly Archives: January 2024

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Upcoming Changes to Trading Hours

Written on January 5, 2024 at 9:18 am, by

Dear Valued Client, Please be advised that the following instruments’ trading hours and market session times will be affected by the upcoming January holidays. Please refer to the table below outlining the affected instruments:

Federal Reserve’s Stance On Elevated Rates Amidst Inflation Signals

Written on January 5, 2024 at 6:07 am, by

Thursday, 11 Jan, 15:30 – US CPI (YoY) (Dec) The consumer price index surged to 3.0% in November, surpassing the Fed’s 2% target, indicating continued advancement. The Fed’s commitment to sustaining elevated rates until inflation stabilises is a focal point for markets, alongside their future signals. Friday, 12 Jan,09:00 – UK GDP (MoM) (Nov) TheContinue Reading

Upbeat Job Data Fuels Dollar Strength

Written on January 5, 2024 at 5:35 am, by

The U.S. ADP Nonfarm Employment Change exceeded expectations, reaching 164k, signaling the resilience of the job market. The U.S. ADP Nonfarm Employment Change exceeded expectations, reaching 164k, signalling the resilience of the job market. Simultaneously, Initial Jobless Claims dropped to 202k, indicating a robust labour market. U.S. equity markets responded by trading with downward pressure,Continue Reading

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