Yearly Archives: 2024
41654156156Dollar Holds Firm, But Will the Strength Persist?
Written on October 14, 2024 at 3:48 am, by pumarketings
Market Summary The Dollar Index remains volatile as mixed economic data sparks uncertainty around Federal Reserve policy. While stronger-than-expected CPI and job numbers initially boosted the dollar, a lower-than-anticipated PPI reading has led to speculation about a cautious Fed stance on rate cuts. Investors are now awaiting retail sales data and earnings reports for furtherContinue Reading
Euro Extend Losses Following Strong U.S PPI
Written on October 14, 2024 at 2:20 am, by pumarketings
Fundamental Analysis * PPI Heat: The euro continues to slide against the dollar following the release of stronger-than-expected U.S. PPI data. The U.S. Core PPI rose at a faster annual rate, coming in at 2.8%, surpassing both market expectations and previous readings of 2.7% and 2.6%. This hotter-than-anticipated producer inflation, coupled with persistently high inflationContinue Reading
Upcoming Weekly Adjustment on Index Dividend Notice
Written on October 11, 2024 at 7:26 am, by glennsong
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
