Monthly Archives: July 2023
Fed June Minutes Reveal Hawkish Stance
Written on July 6, 2023 at 7:44 am, by lishitong
FOMC meeting minutes spark demand on the US Dollar Last night’s release of the FOMC meeting minutes revealed a divergence of opinions among Fed officials, with the majority committed to further rate hikes in their ongoing battle against persistent inflation. The Fed is expected to continue its rate hike cycle this month, indicating a prolongedContinue Reading
Upcoming Weekly Adjustment on Index Dividend Notice
Written on July 6, 2023 at 7:04 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
RBA Holding The Interest Rate Unchanged
Written on July 5, 2023 at 6:35 am, by lishitong
Market participants remained relatively calm, eye on several crucial data including Non-Farm Payroll (NFP) The market was surprised when the RBA decided to keep rates unchanged yesterday. The Australian central bank emphasized a data-dependent strategy and indicated potential future tightening if necessary. Oil prices slightly increased as Saudi Arabia unilaterally reduced production, with support fromContinue Reading
