Monthly Archives: August 2024

Wheat prices remain under pressure with abundance in global supply

Written on August 23, 2024 at 9:41 am, by

Wheat prices edge higher but remain near multi-year lows as abundant global supplies from the Black Sea region keep prices subdued. Explore market dynamics and short-term trading opportunities.

Dividend Adjustment Notice – Aug 23,2024

Written on August 23, 2024 at 6:55 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

Oil prices remain weak amid demand concerns and easing supply fears

Written on August 23, 2024 at 6:25 am, by

Oil prices remained steady in early Asian trading on Friday, with Brent crude futures dipping by a cent to $77.21 per barrel and U.S. West Texas Intermediate (WTI) crude futures inching up by 4 cents to $73.05 per barrel.

Dollar steady as markets brace for Powell; BOJ’s Ueda aims to stabilise yen

Written on August 23, 2024 at 3:31 am, by

The U.S. dollar held steady on Friday as the market’s focus turned to Federal Reserve Chair Jerome Powell’s upcoming speech at the Jackson Hole Symposium.

GBPUSD rises to 2024 high on positive data and dollar weakness

Written on August 22, 2024 at 9:49 am, by

GBPUSD reaches a 2024 high, driven by positive UK economic data and a weaker US dollar ahead of the Jackson Hole event. Explore market implications and short-term trader insights.

Netflix stock hits new high as ad revenue soars

Written on August 22, 2024 at 9:18 am, by

Netflix (Symbol: NFLX) continues to assert its dominance in the streaming industry, with its stock reaching new heights, consistent with its increase in advertising revenue.

Rupee under pressure despite dovish Fed minutes; downside bias persists

Written on August 22, 2024 at 9:02 am, by

The Indian rupee is likely to start Thursday’s session with little change, despite the U.S. Federal Reserve’s dovish minutes failing to provide a lift to Asian currencies. The 1-month non-deliverable forward (NDF) suggests the rupee (USDINR) will open close to 83.9225, nearly unchanged from the previous session.

Notification of Server Upgrade – Aug 22,2024

Written on August 22, 2024 at 7:39 am, by

Dear Client, As part of our commitment to provide the most reliable service to our clients, there will be MT4 server maintenance this weekend. MT4 Maintenance Hours: 24th of August 2024 (Saturday) 08:00 – 13:00 (GMT+3) Please note that the following aspects might be affected during the maintenance: 1. The price quote and trading managementContinue Reading

Dividend Adjustment Notice – Aug 22,2024

Written on August 22, 2024 at 6:49 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

Cash is NOT king: How inflation robs you silently

Written on August 22, 2024 at 6:38 am, by

While having money in the bank can offer a sense of security, clinging to cash will just halter your journey in achieving financial freedom. This is the biggest mistake could cost you the lifestyle you want to live.  

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