Monthly Archives: April 2023
Markets Muted While Celebrating Easter
Written on April 10, 2023 at 5:50 am, by lishitong
Last Friday, U.S. economic data gave mixed signals, leaving the markets clueless, especially on the upcoming Fed’s monetary policy. The Non-Farm Payroll decelerated to 236k but is in line with the market consensus. However, the country recorded a record low in the unemployment rate, showing that the labour market remains hot. Most asset classes wereContinue Reading
Mixed Asian Shares After Surprise Rate Hike by RBNZ
Written on April 10, 2023 at 3:17 am, by lishitong
Asian markets were mixed as investors digested a US labour report showing a drop in job openings to their lowest level in almost two years in February. New Zealand’s central bank increased its benchmark cash rate by 50 basis points to 5.25%, causing the New Zealand dollar to strengthen by almost 0.9%. Meanwhile, Japan’s NikkeiContinue Reading
CFD Rollover Notice for April
Written on April 7, 2023 at 9:08 am, by lishitong
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