Yearly Archives: 2023
41654156156CFD Rollover Notice for August
Written on August 3, 2023 at 8:07 am, by 王建军
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
U.S. Equity Market Tumbles After Fitch’s Downgrade
Written on August 3, 2023 at 6:38 am, by 王建军
U.S. equity markets declined after Fitch’s downgrade of U.S. treasuries. Last night, the financial market witnessed significant turbulence as Fitch’s downgrade of U.S. treasuries sent shockwaves. U.S. equity markets experienced a sharp decline, with Nasdaq leading the losses with a plunge of over 2%. Simultaneously, the U.S. 10-year bond yield surged to its highest levelContinue Reading
Gold Prices Surge On U.S. Credit Downgrading
Written on August 2, 2023 at 6:02 am, by 王建军
The announcement of Fitch has downgraded U.S. treasuries immediately affected gold prices. Fitch, the U.S. credit rating agency, has downgraded U.S. treasuries from their pristine AAA rating to AA+. The implications for the dollar remain to be seen, but the announcement immediately affected gold prices, which quickly surged by nearly 0.3%. In Asian markets, theContinue Reading
