Monthly Archives: July 2024
Brazilian real rebounds with weakness hitting the US dollar
Written on July 4, 2024 at 6:06 am, by anakin
The Brazilian real strengthens as expectations of a dovish Fed policy rise. Learn about the market implications and key factors influencing the performance of BRL.
New Zealand dollar rises on Fed rate cut speculation
Written on July 4, 2024 at 3:30 am, by anakin
The New Zealand dollar (NZD) appreciated to $0.611 against the US dollar (USD) as soft labor market data and weaker-than-expected services activity in the US fueled speculation about potential Federal Reserve rate cuts later in the year.
Asian stocks reach 27-month high, dollar falls on rate cut speculation
Written on July 4, 2024 at 3:10 am, by anakin
Key points Asia stocks soared to a 27-month high on Thursday, driven by softer U.S. economic data that increased the likelihood of a September rate cut. This development boosted bonds and commodities while dragging down the dollar. A holiday in the United States led to thin trading as investors awaited the outcome of the UKContinue Reading
Dollar weakens after soft data, Yen still struggling
Written on July 4, 2024 at 2:21 am, by anakin
The dollar faced pressure on Thursday following U.S. economic data that indicated slowing growth. Despite this, the yen remained weak, pinned near a 38-year low, prompting concerns about possible government intervention.
Dividend Adjustment Notice – July 3,2024
Written on July 3, 2024 at 7:19 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
Nasdaq composite hits record high with AI optimism and strong earnings prospects
Written on July 3, 2024 at 6:02 am, by anakin
Nasdaq composite reaches a record high driven by AI advancements. Markets focus on insights from the upcoming earnings season.
USDSGD trading within a range; anticipates economic data release
Written on July 3, 2024 at 5:26 am, by anakin
The USDSGD currency pair is bound in a range on expectations of the US ISM services PMI and the non-farm payrolls report, scheduled for later today and Friday respectively.
Japan’s Nikkei climbs as tech stocks follow US growth shares
Written on July 3, 2024 at 5:20 am, by anakin
Japan’s Nikkei share average rose by 0.81% on Wednesday to reach 40,398.35 as of 0142 GMT, continuing the momentum from its 0.38% higher opening.
Gold rises as dollar weakens; attention turns to U.S. Fed minutes
Written on July 3, 2024 at 2:06 am, by anakin
Gold prices saw a modest rise on Wednesday, gaining 0.1% to $2,331.41 per ounce by 0026 GMT, while U.S. gold futures rose 0.3% to $2,340.50. This increase comes as the U.S. dollar weakened, making gold more affordable for holders of other currencies.
Dividend Adjustment Notice – July 2,2024
Written on July 2, 2024 at 7:46 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
