Monthly Archives: June 2024
Dividend Adjustment Notice – June 28,2024
Written on June 28, 2024 at 7:34 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
What the UEFA Champions League teaches you about swing trading
Written on June 28, 2024 at 6:40 am, by anakin
Football and trading aren’t dissimilar – plenty of lessons to learn from the pros We’ve all seen the news, football season is here. The excitement is building up as this year’s UEFA Champions League draws closer. Happening at London’s Wembley Stadium, this year’s event marks the 69th season of Europe’s top club competition and theContinue Reading
Stocks edge up, bond yields dip; inflation data ahead
Written on June 28, 2024 at 6:29 am, by anakin
Key points: Global stock indexes edged higher on Thursday, while U.S. Treasury yields dipped slightly after a series of U.S. economic reports suggested slowing momentum. Traders are eagerly awaiting Friday’s U.S. personal consumption expenditures (PCE) data, the Federal Reserve’s preferred inflation measure, which could clarify the U.S. interest rate outlook. Mixed job market signals influenceContinue Reading
Mexican peso nears 15-month low following economic data and political uncertainty
Written on June 28, 2024 at 6:19 am, by anakin
Key points: The Mexican peso weakened to 18.4 per USD, approaching its fifteen-month low of 18.75. Markets are reacting to the latest rate decision by Banxico and recent economic data. The central bank, Banxico, maintained its interest rate at 11% during its June meeting, aligning with market expectations and underscoring its commitment to controlling inflation,Continue Reading
Q4 revenue of Nike falls following decrease in North American footwear sales
Written on June 28, 2024 at 6:15 am, by anakin
Key points: The latest financial results of Nike (Symbol: NKE) revealed a challenging quarter marked by a decline in revenue and significant drops in sales within its key North American footwear market. The stock price fell 5.5% in post-market trading, reaching $89.00 per share, and has declined 14% since the beginning of the year. ThisContinue Reading
Wheat poised for largest monthly decline in 2 years due to harvest pressure
Written on June 28, 2024 at 2:36 am, by anakin
Key points: The most active wheat contract on the Chicago Board of Trade (CBOT) held steady at $5.79-1/2 a bushel as of 0034 GMT. Corn rose by 0.2% to $4.23-1/4 a bushel, and soybeans increased by 0.2% to $11.07-1/4 a bushel. Wheat prices have fallen close to 15% in June, marking the most significant declineContinue Reading
Japan’s Nikkei dips on yen intervention fears
Written on June 27, 2024 at 9:04 am, by anakin
Key points: Japan’s Nikkei share average fell on Thursday, reversing much of its gains from the previous session. This drop comes as the yen’s slide past the closely watched 160 per dollar level put traders on high alert for potential intervention. The Nikkei closed down 0.82% at 39,341.54. Tech shares drag down Topix after U.S.Continue Reading
Notification of Server Upgrade – June 27,2024
Written on June 27, 2024 at 8:29 am, by anakin
Dear Client, As part of our commitment to provide the most reliable service to our clients, there will be server maintenance this weekend. Maintenance Hours: 29th of June 2024 (Saturday) 00:00 – 12:00 (GMT+3) Please note that the following aspects might be affected during the maintenance: 1. During the maintenance hours, the Client Portal andContinue Reading
Dividend Adjustment Notice – June 27,2024
Written on June 27, 2024 at 7:47 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
Rupee likely to find support from expected inflows as US yields rise
Written on June 27, 2024 at 6:18 am, by anakin
Key points: The Indian rupee is anticipated to open slightly higher on Thursday, driven by expected inflows from the inclusion of Indian bonds in a major emerging market index. This inclusion, effective from June 28, is likely to attract passive fund inflows, providing support to the rupee. Picture: Indian rupee trading at 83.562 on theContinue Reading