Monthly Archives: February 2024
Week ahead: RBNZ rate, US economic indicators eyed
Written on February 26, 2024 at 3:43 am, by anakin
As we approach the end of February 2024, the financial world turns its focus towards a series of crucial economic updates slated for release. These reports, spanning from Japan’s inflation rates to the ISM Manufacturing PMI in the United States, are poised to provide fresh insights into the global economic landscape. Among these, the ReserveContinue Reading
Dividend Adjustment Notice – February 23, 2024
Written on February 23, 2024 at 8:23 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
Nvidia’s stellar earnings propel S&P 500 and Nasdaq to new highs amidst broad market optimism
Written on February 23, 2024 at 1:21 am, by anakin
On Thursday, the S&P 500 and Nasdaq Composite reached impressive new heights, largely driven by Nvidia’s remarkable quarterly earnings report. The S&P 500 surged by 2.11%, its best performance since January 2023, while the Nasdaq Composite soared by 2.96%, flirting with its all-time high, thanks to Nvidia’s 16.4% share price jump after reporting a 265%Continue Reading
Diversifying investments through ETF trading
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Written on February 22, 2024 at 1:54 pm, by anakin
ETFs, or Exchange-Traded Funds, are gaining popularity among investors for their simplicity and versatility. They provide an easy way to invest in a range of assets, making them accessible for non-professional traders. Imagine being able to invest in a diverse basket of stocks or bonds without the complexity of managing individual assets—that’s the power ofContinue Reading
Unlocking the power of correlations in forex trading
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Written on February 22, 2024 at 1:06 pm, by anakin
In forex trading, correlations show how different currency pairs or financial instruments move together. For example, when the EUR/USD pair goes up, the USD/CHF pair often goes down, and vice versa. Understanding these relationships is crucial. It helps traders predict market movements, manage risks, and make smarter decisions. In this guide, we will explore correlationsContinue Reading
Notification of Server Upgrade – February 22, 2024
Written on February 22, 2024 at 8:38 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 : 24th of February 2024 (Saturday) 02:00 – 10:00 (GMT+2) Please note that the following aspects might be affected during the maintenance: 1. The price quote and trading management willContinue Reading
Dividend Adjustment Notice – February 22, 2024
Written on February 22, 2024 at 6:58 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
Mixed Stock Market Results Amid Nvidia Earnings Anticipation and Fed’s Interest Rate Stance
Written on February 22, 2024 at 1:19 am, by anakin
On Wednesday, the stock market showed mixed outcomes, with the Dow Jones and S&P 500 making slight gains, while the Nasdaq Composite faced a decline, influenced by anxiously awaited Nvidia earnings and Federal Reserve insights. Nvidia’s stock dipped ahead of its fiscal report, reflecting investor concerns over its valuation after a significant year-long surge. TheContinue Reading
Dividend Adjustment Notice – February 21, 2024
Written on February 21, 2024 at 8:14 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
Tech Stocks Lead Market Downturn Ahead of Nvidia’s Earnings, Major Acquisitions Stir Financial Sectors
Written on February 21, 2024 at 1:08 am, by anakin
On Tuesday, the stock market faced a downturn, heavily influenced by a slump in technology stocks, especially with Nvidia’s earnings report on the horizon, causing its shares to fall by 4.4%. The Dow Jones Industrial Average slightly declined by 0.17%, while more significant drops were observed in the S&P 500 and Nasdaq Composite, decreasing byContinue Reading