Monthly Archives: August 2024
Recession Concerns Ease: Can the U.S. Sustain Its Momentum?
Written on August 23, 2024 at 5:59 am, by
Tuesday, 27 August 2024, 16:00 – US CB Consumer Confidence (Aug) The U.S. Conference Board Consumer Confidence Index rose to 100.3 in July 2024, up from a revised 97.8 in June. This growth was mainly driven by improved consumer expectations regarding future economic conditions, even as views on the present situation slightly weakened. The PresentContinue Reading
Dovish FOMC Meeting Minutes Hammers Dollar
Written on August 22, 2024 at 7:01 am, by
Market Summary The dollar continued to face downside pressure following the release of the FOMC meeting minutes. Concerns were raised by FOMC members over potential labour market deterioration, with the majority of the members signalling that a September rate cut might be appropriate. This dovish narrative provided buoyancy to the equity market, as all majorContinue Reading
Indices Product – HKTECH Optimisation Notice
Written on August 22, 2024 at 3:14 am, by
Dear Valued Client, Please be advised that the leverage of HKTECH will be optimised from 26th August 2024 to further enhance the competitiveness and improve the trading environment. Please refer to the table below for adjustment:
