Monthly Archives: January 2024
U.S. PCE Pressures Dollar to Trade Lower
Written on January 29, 2024 at 7:15 am, by jonywang
The PCE reading, revealed last Friday, contributed to a decline in the strength of the dollar. The Federal Reserve’s preferred inflation gauge, the PCE reading, revealed last Friday, contributed to a decline in the strength of the dollar. The inflation data, aligning with market expectations at 2.6%, suggests that pricing pressures in the U.S. areContinue Reading
Upcoming Weekly Adjustment on Index Dividend Notice
Written on January 26, 2024 at 7:51 am, by jonywang
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
All Eye On U.S. PCE Data
Written on January 26, 2024 at 6:59 am, by jonywang
The U.S. equity markets continue to surge, propelled by a rally in tech stocks, notably led by Nvidia—the world’s largest chip maker. The U.S. equity markets continue to surge, propelled by a rally in tech stocks, notably led by Nvidia—the world’s largest chip maker. Optimistic earnings outlooks from Nvidia suggest that the industry is outperformingContinue Reading
