Monthly Archives: July 2024

Netflix stock stagnates as quarterly revenue disappoints

Written on July 22, 2024 at 8:46 am, by

Netflix reports underwhelming quarterly revenue despite new subscriber gains, causing its stock to flatline. Read more about the market implications and forecasts.

Safe-haven gold strengthens as Biden’s move sparks market uncertainty

Written on July 22, 2024 at 8:33 am, by

Gold prices firmed on Monday as the dollar eased following U.S. President Joe Biden’s decision to withdraw from the 2024 presidential race. Investors turned to bullion as a hedge against an uncertain political and market outlook.

Dividend Adjustment Notice – July 22,2024

Written on July 22, 2024 at 7:29 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

Dollar eases as Biden withdraws reelection bid; yuan remains steady after rate cut

Written on July 22, 2024 at 7:01 am, by

The dollar eased on Monday following U.S. President Joe Biden’s decision to end his reelection campaign, which opens the door for another Democrat to challenge Donald Trump. Will Kamala Harris’ bid prove to be sufficient?

Taiwan dollar hits 8-year low on chip sell-off

Written on July 19, 2024 at 9:33 am, by

The Taiwanese dollar fell to its lowest level since May 2016, trading at 32.786 per dollar before settling at 32.762, down 0.5%. This decline was driven by a sell-off in chip stocks and concerns over a possible isolationist shift in U.S. policy if Donald Trump wins the presidency.

Corn, soybeans, and wheat face weekly losses with ample supply

Written on July 19, 2024 at 8:16 am, by

Chicago corn and soybean futures experienced a modest rise on Friday but stayed close to their lowest levels since 2020. This trend points to a challenging week for these agricultural commodities, driven by favourable crop weather in the United States and an expectation of abundant supply.

Nvidia shares plunge in the face of geopolitical tensions

Written on July 19, 2024 at 8:09 am, by

Nvidia stock prices drop as geopolitical tensions and regulatory concerns spook the market. Explore the implications and forecasts.

Dividend Adjustment Notice – July 19,2024

Written on July 19, 2024 at 8:06 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

British pound holds its strength over stable UK inflation and strong wage growth 

Written on July 19, 2024 at 8:00 am, by

The GBPUSD pair reached a one-year high, driven by stable UK inflation and resilient wage growth, while the US dollar faces a challenging week.

Skip Nvidia: Buy these AI share CFDs instead

Written on July 19, 2024 at 5:32 am, by

The biggest names in artificial intelligence (AI) are once again beating quarterly earnings expectations. Learn what other AI shares might have opportunities for you to grow your portfolio in today’s AI boom.

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