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Monthly Archives: May 2023

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Markets Quietly Await U.S. CPI

Written on May 9, 2023 at 6:08 am, by

The markets are quiet before the U.S. CPI released on Wednesday (10th May). U.S. equity markets moved sideways while the dollar index and gold prices have little change as the market is digesting the renewed banking sector risk as well as developments regarding the U.S. debt ceiling. On the other hand, Australia is set toContinue Reading

CFD Rollover Notice For May

Written on May 9, 2023 at 5:38 am, by

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: *All hours are providedContinue Reading

Share Markets Advance After NFP Release

Written on May 8, 2023 at 5:52 am, by

The Non-Farm Payroll (NFP) reading was in line with expectations, showing a substantial increase from the previous reading of 165,000 to 253,000. This suggests that the job market in the United States remains strong, indicating a robust economy. The equity market responded positively to this economic data and closed higher, resulting in a decrease inContinue Reading

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