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Week Ahead: Markets to Focus on US Retail Sales and CPI for New Zealand, UK, and Canada

Traders should keep a close eye on US retail sales and the Consumer Price Index (CPI) reports from New Zealand, Canada, and the UK this week, as these updates could have a substantial influence on the market. Exercise caution and stay up to date with the latest developments to ensure a successful week of trading.Continue Reading

Dividend Adjustment Notice – October 13, 2023

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

Stocks Dip Amid Inflation Fears and Surging Treasury Yields, Dollar Rallies on Strong US Economic Data

On Thursday, the stock market faced a decline driven by concerns over rising Treasury yields and persistent US inflation, marking the end of a four-day winning streak for major indexes. The Dow Jones Industrial Average dropped 0.51%, while the S&P 500 and Nasdaq Composite fell by 0.62% and 0.63%, respectively. Meanwhile, the US Dollar ralliedContinue Reading

Dividend Adjustment Notice – October 12, 2023

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 Sentiment in Stock and Currency Markets Amid Inflation and Geopolitical Concerns

Major stock indices, including the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite, saw modest gains as investors awaited U.S. consumer inflation figures and monitored Treasury yields’ retreat. The market was also influenced by expectations of the consumer price index report and Federal Reserve policy, while Exxon Mobil announced a significant acquisition and BirkenstockContinue Reading

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