Monthly Archives: October 2024
Middle East Fuel Safe-Haven, Would Data Further Boost?
Written on October 4, 2024 at 3:22 am, by
Wednesday, 9 October 2024, 03:00 – RBNZ Interest Rate Decision (Q2) In August, The Reserve Bank of New Zealand (RBNZ) cut its Official Cash Rate (OCR) by 25 basis points to 5.25%, marking the first reduction in over four years. This decision is primarily driven by a cooling in price pressures and a slowdown inContinue Reading
CFD Rollover Notice for October
Written on October 3, 2024 at 1:13 am, by
Dear Valued Client, Please be advised that the following CFD instruments will be automatically rolled over as per the dates in the table below. As there can be a pricing difference between old and new futures contracts, we recommend clients to monitor their positions closely and manage positions accordingly. Expiration dates: Please note: The rolloverContinue Reading
Yen Strengthens After Ishiba Wins Leadership Vote
Written on October 1, 2024 at 6:04 am, by
Market Summary The financial markets were shaken by the unexpected victory in the Japan’s ruling party’s leadership race, which is set to replace the current Prime Minister of Japan. The win by Shigeru Ishiba, seen as favouring a more hawkish stance on monetary policy, led to a significant strengthening of the Japanese Yen, as hisContinue Reading
