Monthly Archives: September 2024
41654156156Upcoming Weekly Adjustment on Index Dividend Notice
Written on September 13, 2024 at 8:30 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
Gold Records New All-time High

Written on September 13, 2024 at 4:58 am, by pumarketings
Market Summary Contrary to the U.S. inflation data (CPI) released on Wednesday, which showed price increases, the U.S. job data from yesterday suggested that the labour market is softening, reinforcing expectations of a Federal Reserve rate cut next week. The probability of a 50 bps rate cut rose sharply from 14% to 43% on theContinue Reading
Fed Rate Watch: The Week That Moves Markets!

Written on September 13, 2024 at 2:08 am, by pumarketings
Tuesday, 17 September 2024, 08:00 – US Core Retail Sales (MoM) (Aug) The latest U.S. Core Retail Sales for July reported a 0.4% increase, surpassing the market’s forecast of 0.1%. This better-than-expected outcome was fueled by strong consumer spending, notably in online shopping and restaurant sales, despite ongoing concerns about high inflation. Based on recentContinue Reading