Yearly Archives: 2023
Biden-McCarthy Meeting Postponed
Written on May 12, 2023 at 8:26 am, by lishitong
Investor sentiment has taken a hit in the market following the postponement of a meeting between U.S. President Joe Biden and the House Speaker to address the looming debt ceiling crisis. The Biden administration is under pressure to pass the debt ceiling bill by June to avoid a potential default on the country’s bills. Meanwhile,Continue Reading
Upcoming Weekly Adjustment On Index Dividend Notice
Written on May 11, 2023 at 7:19 am, by lishitong
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
Soft CPI Give Fed Room To Pause Rates
Written on May 11, 2023 at 5:45 am, by lishitong
A lower-than-expected inflation has lent optimism to the markets The latest U.S. inflation figures have provided the Federal Reserve with some respite on its upcoming rate hike decision. The data for April showed a slight drop in inflation to 4.9% from 5%, easing the Fed’s dilemma. As a result, the dollar weakened while equity marketsContinue Reading
