Monthly Archives: September 2023
41654156156Euro Slumps With An Unexpected ECB Rate Hike
Written on September 15, 2023 at 8:08 am, by jonywang
The market worries that a 25 basis points rate hike by the European Central Bank might further hamper the already dim economic prospects within the Eurozone. Upbeat U.S. economic data, particularly Retail Sales and Initial Jobless Claims, ignited a rally in both the dollar index and equity markets. Investors are now bolstered by their confidenceContinue Reading
Upcoming Weekly Adjustment on Index Dividend Notice
Written on September 15, 2023 at 8:03 am, by jonywang
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
Economists Expect Fed To Pause Rate Hikes
Written on September 15, 2023 at 2:36 am, by jonywang
The Week Ahead: Week of 18 September (GMT+3) Tuesday, 19 September, 15:30 – US Building Permits (Aug) There was a slight increase in US July Building Permits, rising from 1.441 million to 1.443 million.The marginal uptick in housing starts indicates a degree of optimism among builders. However, the impact of potential future mortgage rate increasesContinue Reading
