Monthly Archives: May 2024
41654156156Upcoming Weekly Adjustment on Index Dividend Notice
Written on May 10, 2024 at 7:33 am, by lucaszhang
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
Eye on the Horizon: Market Anticipate Inflation Data Ahead
Written on May 10, 2024 at 7:14 am, by jonywang
Tuesday, 14th May 2024, 14:30 – US PPI (YoY) (Apr) The Producer Price Index, which is an important gauge of wholesale-level inflation, increased by 2.1% over the 12 months leading up to March. This marks a rise from the 1.6% gain observed in February, representing its most substantial increase since April 2023. This indicates significantContinue Reading
Soft U.S. Job Data Hammers Dollar
Written on May 10, 2024 at 5:25 am, by jonywang
Market Summary Following the market’s digestion of last Friday’s soft Nonfarm Payrolls report, the dollar index (DXY) initially showed signs of recovery, inching towards the $106 mark and mitigating previous losses. However, the dollar’s upward momentum was abruptly halted by the release of the latest U.S. Initial Jobless Claims data, which surged to levels unseenContinue Reading