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Dow Jones Rises as Banks Pass Stress Test and Upward GDP Revision Eases Recession Fears

The Dow Jones Industrial Average experienced gains as major banks passed the Federal Reserve’s stress test, while an upward revision of the GDP provided relief against recession concerns. The 30-stock index surged by 0.8%, gaining 269.76 points to close at 34,122.42. JPMorgan Chase, Goldman Sachs, Wells Fargo, and other financial stocks saw significant increases, withContinue Reading

Notification of Server Upgrade – June 30, 2023

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 : 1st of July 2023 (Saturday) 02:00 – 08:00 (GMT+3) Please note that the following aspects might be affected during the maintenance: 1. The price quote feature on the ClientContinue Reading

Dividend Adjustment Notice – June 29, 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

Notification of Trading Adjustment in Holiday – June 29, 2023

Dear Client, Please note that the following instruments’ trading hours will be affected by the upcoming holidays. Note: The dash sign (-) indicates normal trading hours. The above data is for reference only, please refer to the MT4/MT5 software for specific data. If you’d like more information, please don’t hesitate to contact [email protected].

Fed’s Monetary Policy Outlook Weighs on S&P 500, Nasdaq Shines in Tech Rally

The S&P 500 saw minimal movement on Wednesday as investors closely analyzed Federal Reserve Chair Jerome Powell’s remarks regarding future monetary policy. Powell emphasized the likelihood of more restrictive measures to combat inflation, including potential consecutive interest rate hikes. His comments, made at the ECB Forum on Central Banking, alongside other global central bankers, hadContinue Reading

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