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Monthly Archives: January 2024

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CFD Rollover Notice for January

Written on January 4, 2024 at 8:20 am, by

Dear Valued Client, Please be advised that the following CFD instruments will be automatically rolled over as per the dates in the table below. As there can be a pricing difference between old and new futures contracts, we recommend clients to monitor their positions closely and manage positions accordingly. Expiration dates: *All dates are providedContinue Reading

Hawkish Fed Meeting Minutes Boosts Dollar

Written on January 4, 2024 at 5:24 am, by

The U.S. dollar strengthened, driven by the Hawkish narrative revealed in the meeting minutes. U.S. equity markets registered a second consecutive decline following the release of the December Federal Reserve meeting minutes. The U.S. central bank signalled an intention to maintain interest rates at a restrictive level for an extended period until U.S. inflation reachesContinue Reading

Dollar Gains As The U.S. Treasury Plunges

Written on January 3, 2024 at 5:26 am, by

The global bond market experienced selling pressure as traders scaled back expectations of interest rate cuts from major central banks, including the Federal Reserve. The global bond market experienced selling pressure as traders scaled back expectations of interest rate cuts from major central banks, including the Federal Reserve. The U.S. Treasury saw a drop, causingContinue Reading

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