Monthly Archives: July 2023
41654156156Upcoming Changes To Trading Hours
Written on July 31, 2023 at 8:39 am, by jonywang
Dear Valued Client, Please be advised that the following instruments’ trading hours and market session times will be affected by the upcoming August holidays. Please refer to the table below outlining the affected instruments: * All hours are provided in GMT+3 (Server Time in MT4/MT5.) Please note that in the event of reduced liquidity inContinue Reading
Softer PCE Reading Fuels Equity Market
Written on July 31, 2023 at 6:01 am, by jonywang
After the release of the U.S. PCE data, equity markets responded positively, with Asian markets sharing the upbeat sentiment. Last week’s release of the U.S. PCE data sparked optimism in the market, fueling demand for risky assets on expectations of further inflation moderation. Equity markets responded positively, with Asian markets sharing the upbeat sentiment atContinue Reading
Japanese Yen Appreciates On Possible YCC Tweak
Written on July 28, 2023 at 6:31 am, by jonywang
Japanese yen strengthened against majors. BoJ to discuss potential YCC strategy adjustments, sparking market speculation. The Japanese yen displayed strength against its major counterparts last night. The market buzzed with speculation as the BoJ unveiled plans to discuss potential adjustments to its yield curve control (YCC) strategy. Speculators opine that the central bank may contemplateContinue Reading
