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Yearly Archives: 2024

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Upcoming Changes to Trading Hours

Written on September 27, 2024 at 6:34 am, by

Dear Valued Client, Please be advised that the following instruments’ trading hours and market session times will be affected by the upcoming October holidays. Please refer to the table below outlining the affected instruments: * All hours are provided in GMT+3 (Server Time in MT4/MT5.) Note: In the event of reduced liquidity in the market,Continue Reading

China Rate Cut Spurs Equity Market to Rally

Written on September 27, 2024 at 5:47 am, by

Market Summary The Chinese equity market has emerged as the standout asset class in the financial world, with the China A50 index posting its largest weekly gain in a decade and the Hang Seng Index (HK50) rising by over 12% this week. The market rally has been driven by ongoing economic stimulus measures from theContinue Reading

Larger Fed Cut Looms? Key Data Next Week In Sight

Written on September 27, 2024 at 2:06 am, by

Monday, 30 September 2024, 08:00 – UK GDP (QoQ) (Q2) The latest UK GDP data released in August 2024 showed a growth of 0.6% quarter-on-quarter (QoQ) for Q2 2024 in its preliminary reading. The reading was in line market expectation but slightly lower the previous reading of 0.7%. The British economy has recorded slight butContinue Reading

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