Monthly Archives: July 2023

Stocks Rise as Earnings Season Kicks Off with Dow’s Longest Winning Streak in Four Years

Written on July 20, 2023 at 2:41 am, by

Stocks showed positive momentum on Wednesday during the ongoing corporate earnings season, with the Dow Jones Industrial Average achieving its longest winning streak in nearly four years. The Dow closed 0.31% higher, at 35,061.21 points, marking its eighth consecutive day of gains, a feat not seen since September 2019. The S&P 500 also climbed 0.24%Continue Reading

Dividend Adjustment Notice – July 19, 2023

Written on July 19, 2023 at 8:33 am, by

Dear Client, Please note that the dividends of the following products will be adjusted accordingly. Index dividends will be executed separately through a balance statement directly to your trading account, and the comment will be in the following format “Div & Product Name & Net Volume ”. Please refer to the table below for moreContinue Reading

Strong Corporate Earnings Propel Dow Jones to New Highs

Written on July 19, 2023 at 2:54 am, by

In a positive turn for investors, the Dow Jones Industrial Average soared on Tuesday as traders reacted to impressive corporate earnings reports. The Dow closed the day with a gain of 366.58 points, marking a 1.06% increase and reaching a new high of 34,951.93. Similarly, the Nasdaq Composite rose by 0.76% to end at 14,353.64,Continue Reading

How to Trade Coffee: A Comprehensive Guide 

Written on July 18, 2023 at 4:08 pm, by

The coffee industry, valued at over 100 billion US dollars annually, boasts a thriving global market and is regarded as one of the most highly traded and consumed soft commodities worldwide. Coffee trading presents lucrative opportunities for traders, as it can be influenced by various external factors, including the prices of other commodities.  In thisContinue Reading

Calculating Pips with Confidence: A Practical Guide for Forex Traders

Written on July 18, 2023 at 10:05 am, by

Imagine you’re at a bustling street market in a foreign country, excited to exchange your currency for the local one. As you approach the currency exchange booth, you notice that the exchange rates are constantly changing.  Every time you see the rates fluctuate, even by the tiniest amount, it affects the amount of money you’llContinue Reading

Dividend Adjustment Notice – July 18, 2023

Written on July 18, 2023 at 6:54 am, by

Dear Client, Please note that the dividends of the following products will be adjusted accordingly. Index dividends will be executed separately through a balance statement directly to your trading account, and the comment will be in the following format “Div & Product Name & Net Volume ”. Please refer to the table below for moreContinue Reading

Wall Street Prepares for Earnings Season Amidst Optimism and Economic Uncertainty

Written on July 18, 2023 at 3:22 am, by

In a positive start to the week, stock markets experienced gains as Wall Street braced itself for the release of quarterly reports from major global companies. The Dow Jones Industrial Average reached its highest closing level in 2023, adding 76.32 points (0.22%) to close at 34,585.35. The S&P 500 climbed 0.39% to end the sessionContinue Reading

Dividend Adjustment Notice – July 17, 2023

Written on July 17, 2023 at 7:19 am, by

Dear Client, Please note that the dividends of the following products will be adjusted accordingly. Index dividends will be executed separately through a balance statement directly to your trading account, and the comment will be in the following format “Div & Product Name & Net Volume ”. Please refer to the table below for moreContinue Reading

Week Ahead: Markets to Focus on US Retail Sales and Canada, UK CPI

Written on July 17, 2023 at 4:06 am, by

This week’s economic calendar features US Retail Sales figures, as well as inflation data from both the UK and Canada — all of which have the capacity to move markets significantly. Therefore, it is crucial for traders to be prepared for any volatility that may arise from these key announcements and adjust their approaches asContinue Reading

4 Things Sports Can Teach Us About Trading

Written on July 17, 2023 at 3:00 am, by

As sportswriting legend Bill Simmons once said, “The secret to basketball is that it isn’t about basketball.” To Simmons, who built his media career off of being an unabashed fan of Boston sports, watching sports isn’t necessarily about the sports but about everything else that affects it—relationships, personalities, and internal struggles.  While this might beContinue Reading

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