Monthly Archives: August 2024
S&P 500 quiets as market awaits CPI report
Written on August 14, 2024 at 9:30 am, by anakin
The US stock market showed little movement as investors prepared for the release of the July Consumer Price Index (CPI) report.
Dividend Adjustment Notice – Aug 14,2024
Written on August 14, 2024 at 7:30 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
Indian rupee set to strengthen as confidence in Fed rate cuts grows
Written on August 14, 2024 at 6:58 am, by anakin
The Indian rupee is set to open on a stronger note on Wednesday, buoyed by rising confidence that the Federal Reserve will implement a series of rate cuts this year.
Dollar eases on weak U.S. inflation data; kiwi plummets following rate cut
Written on August 14, 2024 at 6:52 am, by anakin
The U.S. dollar started Wednesday on shaky ground after tumbling overnight against major currencies, driven by a surprisingly benign reading on U.S. producer prices. This report has amplified expectations that the Federal Reserve might lean towards rate cuts later this year.
Nikkei rises as Japanese yen stabilises, with tech shares leading gains
Written on August 13, 2024 at 8:34 am, by anakin
The Nikkei 225 index (Symbol: Nikkei225) jumped as traders returned from the Obon holiday, driven by a more stable yen and strong gains in tech stocks.
Oil prices pull back as OPEC cuts 2024 demand forecast
Written on August 13, 2024 at 8:30 am, by anakin
Oil prices retreated and broke a five-day winning streak as the market’s focus shifted back to demand concerns.
Dividend Adjustment Notice – Aug 13,2024
Written on August 13, 2024 at 7:24 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
Australian dollar faces resistance while kiwi advances awaiting rate decision
Written on August 13, 2024 at 6:04 am, by anakin
The Australian dollar nudged higher on Tuesday, brushing up against resistance as a rally in Japanese stocks bolstered risk sentiment across the market.
Soybeans hit a four-year low amid record U.S. crop forecast
Written on August 13, 2024 at 2:21 am, by anakin
Greater supply, when meeting a comparatively lower demand, typically leads to an expected drop in prices.
Copper prices dip with fear of U.S. recession
Written on August 12, 2024 at 9:31 am, by anakin
Copper prices fell as markets weighed ongoing economic uncertainties and awaited key demand outlook indicators. Copper dipped, reflecting cautious market sentiment.
