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Monthly Archives: July 2024

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Share CFDs Products Adjustment Notice

Written on July 16, 2024 at 7:24 am, by

Dear Valued Client, Please be advised that the leverage on all US Share CFDs products had been adjusted from 15 July 2024 to further optimise the competitiveness and improve the trading environment. Please refer to the table below for adjustment: Additionally, the leverage for new positions opened to all shares CFDs during 30 minutes beforeContinue Reading

Wall Street Rallies On Powell’s Dovish Tone

Written on July 16, 2024 at 5:19 am, by

Market Summary As we step into the earnings report season, the U.S. equity market rallied, with the Dow Jones climbing to its highest point in the last session, gaining over 200 points. The aftermath of Donald Trump’s shooting incident has influenced the equity market, compounded by a dovish statement from Jerome Powell indicating that inflationContinue Reading

Euro Paused Amid Looming ECB Rate Cut Call

Written on July 16, 2024 at 2:16 am, by

Fundamental Analysis * ECB Alert: The Euro lost its recent bullish momentum, sharply declining after briefly surpassing 1.0900, as traders brace for Thursday’s ECB rate decision. ECB officials are expected to prepare investors for another rate cut, though only after the Governing Council’s extended summer break between decisions. While another rate cut following June’s quarter-pointContinue Reading

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