Monthly Archives: April 2024
Global Equities Rise; Gold Prices Decline
Written on April 23, 2024 at 3:45 am, by anakin
As fears of an escalation in the Middle East subside, investors are shifting away from safe-haven assets, resulting in a boost to global equities. The MSCI global stock index (EURONEXT:IACWI) saw an increase of 6.01 points or 0.81%, reaching 749.29. Wall Street mirrored this positive sentiment, with the Dow Jones Industrial Average (DJI) climbing byContinue Reading
No Calm in Storm? Oil Prices Rise Even as Middle East Tensions Remain Under Status Quo
Written on April 23, 2024 at 3:36 am, by anakin
Geopolitical Concerns Drive Oil Price Increase in Asian Trading Oil prices witnessed an increase in Asian trading on Tuesday, reflecting a reversal from the downturn observed in the previous session. This change underscores the market’s ongoing vigilance concerning geopolitical developments in the Middle East. Specifically, Brent crude futures saw a rise of 39 cents, reachingContinue Reading
London Stock Market Recovers as Middle East Tensions Ease
Written on April 22, 2024 at 9:31 am, by anakin
On Monday, the FTSE 100 increased by 1.1%, and the FTSE 250 saw a rise of 0.8%, reflecting a positive shift in investor sentiment after last week’s downturn. This uptick marks the most significant monthly gain for both indexes, highlighting a rebound as concerns about the Middle East conflicts wane. As tensions de-escalate, investors seemContinue Reading
APR 22: Watch Out for This Week’s US GDP and PCE Data
Written on April 22, 2024 at 8:51 am, by anakin
As we gear up for the release of key economic data from the United States, including Q1 GDP and March Core PCE figures, the financial markets are poised on the edge of their seats. These statistics are critical as they not only shed light on the current economic standing of the U.S. but also haveContinue Reading
Dividend Adjustment Notice – April 22, 2024
Written on April 22, 2024 at 7:58 am, by anakin
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
Why South Korea’s Stock Market is Pumping
Written on April 22, 2024 at 7:07 am, by anakin
In today’s market roundup, South Korean shares experienced an uplift, notably the KOSPI, which climbed 16.20 points, a 0.63% increase, settling at 2608.06 at 0100 GMT. This rise comes as the finance minister reaffirms the government’s commitment to its corporate reform agenda, dubbed the “Corporate Value-up Programme.” Government Commitment and Investor Sentiment Finance Minister ChoiContinue Reading
MARKETS TODAY: Gold Prices Dip Due to Rising U.S. Treasury Yields
Written on April 22, 2024 at 6:57 am, by anakin
ICYMI: Market summary for today, 22 April 2024 Gold prices experienced a downturn today, with spot gold dropping by 0.3% to $2,381.36 per ounce early in the GMT morning. Concurrently, U.S. gold futures saw a decline of 0.7%, reaching $2,395.80 per ounce. These movements are set against a backdrop of increasing U.S. Treasury yields, whichContinue Reading
Wheat Prices Rise Due to Geopolitical Tensions
Written on April 22, 2024 at 5:03 am, by anakin
Chicago Wheat Futures Continue Upward Trajectory Today, April 22 – Chicago wheat futures witnessed an upward movement, marking a nearly 1% increase, influenced by short-covering and ongoing geopolitical tensions in the Middle East. This rise is part of a continuing trend, with wheat prices now rising for three consecutive sessions. Corn and soybeans also experiencedContinue Reading
Dividend Adjustment Notice – April 19, 2024
Written on April 19, 2024 at 7:06 am, by anakin
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
MARKETS TODAY: Turbulence Following Escalation in Middle East
Written on April 19, 2024 at 6:13 am, by anakin
ICYMI – Market summary for today, 19 April 2024 Israel’s attack on Iran following a retaliatory drone strike, has intensified market volatility. This series of events caused a flight to safety among investors, influencing various asset classes and currency valuations globally. Following the initial news, the Swiss franc appreciated against the dollar, with an increaseContinue Reading