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Monthly Archives: June 2024

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

Written on June 28, 2024 at 5:46 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

Rate Cut Hopes on the Line: NFP Set to Steal the Spotlight!

Written on June 28, 2024 at 5:41 am, by

Monday, 1 July 2024, 17:00 – US ISM Manufacturing PMI (Jun) The US ISM Manufacturing PMI came in at 48.7 for May, below the forecast of 49.8 and the previous reading of 49.2. The main reasons for this stagnant reading are ongoing weak demand, which affects supplier orders, inventories, capital investments, and employment. Specific areasContinue Reading

Upcoming Changes to Trading Hours

Written on June 28, 2024 at 3:25 am, by

Dear Valued Client, Please be advised that the following instruments’ trading hours and market session times will be affected by the upcoming July holidays. Please refer to the table below outlining the affected instruments: * All hours are provided in GMT+3 (Server Time in MT4/MT5.) Note: In the event of reduced liquidity in the market,Continue Reading

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