Monthly Archives: March 2023
Performance of the Forex Market in the Philippines for 2023
Written on March 10, 2023 at 9:07 am, by anakin
An outlook on Philippines for Trading Forex in 2023. As we head into 2023, many investors and traders are wondering what to expect from the forex market in the Philippines. While no one can predict the future with complete accuracy, there are several factors that could impact the performance of the forex market in theContinue Reading
US Equity Market Drops Amid Banking Sector Rout and Economic Data
Written on March 10, 2023 at 2:01 am, by anakin
On Thursday, the US equity market took a turn for the worse as concerns grew over trouble in the banking sector and investors braced for Friday’s payrolls report. Weekly jobless claims, released on Thursday, surpassed expectations and marked the first time claims had risen above 200K since early January. Stronger-than-expected figures in Friday’s monthly jobsContinue Reading
How to choose the Best Currency Pairs for Forex Trading in the Philippines
Written on March 9, 2023 at 9:51 am, by anakin
Which are the best currency pairs to trade in the Philippines? Forex trading offers a highly volatile and potentially profitable investment opportunity. However, with so many currency pairs available for trading, it can be overwhelming to decide which ones to focus on. Choosing the right currency pairs can have a significant impact on your tradingContinue Reading
Notification of Server Upgrade – March 09, 2023
Written on March 9, 2023 at 8:39 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 : 12th of March 2023 (Sunday) : 08:00 – 15:00 (GMT+3) Please note that the following aspects might be affected during the maintenance: 1. The price quote feature on theContinue Reading
Weekly Dividend Adjustment Notice – March 09, 2023
Written on March 9, 2023 at 7:38 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
US Equity Markets Volatile Despite Fed Reassurances, Jobs Data Awaited on Friday
Written on March 9, 2023 at 4:09 am, by anakin
On Wednesday, the US equity market experienced volatility despite the reassurance from Fed chief Jerome Powell that the central bank is not seeking to cause a recession and that no decision has been made on the size of a rate increase in March. Powell’s testimony to American lawmakers increased bets that the Federal Reserve willContinue Reading
Ultimate Guide to Forex Trading for Beginners Philippines
Written on March 8, 2023 at 3:18 am, by anakin
Here is a beginner’s guide to Forex trading in the Philippines. Before you begin, it’s important to understand the risks involved in trading. Trading Forex in the Philippines is a highly volatile investment, requiring ample research and financial planning.. Forex is a global marketplace where currencies are bought and sold. There are three types ofContinue Reading
Daylight Saving Time Adjustment Notice – March 08, 2023
Written on March 8, 2023 at 2:50 am, by anakin
Dear Client, The adjustment of DST will be commencing on March 12th. Please consider below carefully: The trading sessions of some products on MT4/MT5 will be changed as follows. Please find the table below for more information. The above data is for reference only, please refer to the MT4/MT5 software for specific data. If you’dContinue Reading
Powell’s Hawkish Remarks Spark Wall Street Sell-Off and Recession Concerns
Written on March 8, 2023 at 2:42 am, by anakin
Jerome Powell’s hawkish rhetoric triggered a surge in Federal Reserve rate expectations, sparking concerns of a potential recession and causing a sell-off in the riskier segments of the market, resulting in Wall Street experiencing a reality check. During a Senate hearing, Powell suggested that the Fed may accelerate the pace of tightening and raise interestContinue Reading
US Stock Market Struggles Amid Economic Risks and Key Events
Written on March 7, 2023 at 2:58 am, by anakin
The US stock market struggled to make gains due to concerns that a recent surge in prices may be overblown, given ongoing economic risks. The fate of the 2023 stock market recovery hinges on four major events before the Federal Reserve’s March 22 meeting, which will determine if the market will rebound after its FebruaryContinue Reading