Monthly Archives: August 2024
41654156156Upcoming Weekly Adjustment on Index Dividend Notice
Written on August 9, 2024 at 7:44 am, by alanzhu
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
Nasdaq Bullish, Encourage by Upbeat U.S. Job Data
Written on August 9, 2024 at 5:50 am, by pumarketings
Market Summary The financial markets reacted positively to the upbeat Initial Jobless Claims data released yesterday, which came in at 233k, lower than market expectations. This eased concerns about a weakening labour market and the heightened recession risks that emerged after last Friday’s disappointing NFP report. Wall Street benefited from the improved risk appetite, withContinue Reading
Fed Pressured: Will CPI Data Fuels Calls for Rate Cuts？
Written on August 9, 2024 at 2:52 am, by pumarketings
Tuesday, 13 August 2024, 16:00 – US PPI (MoM) (Jul) The U.S Producer Price Index (PPI) for June showed a month-over-month increase of 0.2%, which was slightly above market expectations of 0.1%. This increase followed a flat reading in May and a decline of 0.2% in April, highlighting some volatility in producer prices over theContinue Reading
