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Monthly Archives: June 2024

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Upcoming Weekly Adjustment on Index Dividend Notice

Written on June 21, 2024 at 6:52 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

Market Remains Hopeful On Rate Cut? All Eyes On PCE!

Written on June 21, 2024 at 6:17 am, by

Tuesday, 25 June 2024, 16:00 – US CB Consumer Confidence (Jun) According to the U.S. Conference Board, consumer sentiment in the U.S. improved in May, with the CB Consumer Confidence Index rising to 102 from 97.5 in April. While the survey indicated a slight decline in consumers’ views of current business conditions, overall sentiment wasContinue Reading

Japanese Yen Hammers By Soft CPI

Written on June 21, 2024 at 5:32 am, by

Market Summary The spotlight was on the Pound Sterling following the Bank of England’s (BoE) interest rate decision announced yesterday. Despite the UK’s Consumer Price Index (CPI) reaching the targeted rate of 2%, the BoE voted 7-2 to maintain its interest rate unchanged, providing buoyancy for the Pound Sterling. However, the BoE Governor emphasised aContinue Reading

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