Monthly Archives: May 2024
US Share CFDs Products Adjustment Notice
Written on May 16, 2024 at 7:47 am, by
Dear Valued Client, Please be advised that the leverage on all US Share CFDs products will be adjusted starting from 20th May 2024 to further optimise the competitiveness and improve the trading environment. Please refer to the table below for adjustment: *All dates and times are provided in GMT+3 (Server Time in MT4/MT5.) If youContinue Reading
Gold Surge on Soften Dollar
Written on May 16, 2024 at 2:03 am, by
Market Summary The Fed’s preferred inflation gauge, the Producer Price Index (PPI), was released yesterday, showing April PPI slightly above market consensus at 0.5%. Following the inflation data, Fed Chairman Jerome Powell reiterated that the U.S. central bank is likely to keep interest rates higher for longer to address persistently sticky inflation. Despite this, marketContinue Reading
Japan’s Long-term Treasury Yield Surge
Written on May 14, 2024 at 6:13 am, by
Market Summary In the most recent trading session, asset classes remained largely unchanged as markets awaited key U.S. inflation data. The Producer Price Index (PPI) is set for release today, followed by the Consumer Price Index (CPI) tomorrow. These figures are critical as they could influence the Federal Reserve’s monetary policy. In the stock andContinue Reading