Monthly Archives: May 2024
41654156156Hawkish Fed’s Comment Strengthen The Dollar
Written on May 8, 2024 at 5:52 am, by jonywang
Market Summary The latest session saw equity markets mainly focusing on earnings reports from prominent companies, maintaining a relatively steady position amidst a broader economic context. While last week’s softer-than-expected Nonfarm Payrolls (NFP) report temporarily influenced market sentiment, attention has shifted back to corporate performance as a key driver for stock movements. On the currencyContinue Reading
Nasdaq Breaks Key Resistance As Risk-On Sentiment
Written on May 8, 2024 at 2:24 am, by jonywang
Fundamental Analysis * Risk-on Appetite Boosts Equity Market: The U.S. equity markets have sustained their upward trajectory, propelled by a prevailing risk-on sentiment. This optimism is underpinned by robust global investor confidence, bolstered by positive expectations surrounding trade relations, particularly with China and other major economies. All eyes are on President Xi Jinping’s diplomatic visitContinue Reading
CFD Rollover Notice for May
Written on May 8, 2024 at 1:33 am, by lucaszhang
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: Please note: The rolloverContinue Reading
