Monthly Archives: July 2023
Wall Street Prepares for Earnings Season Amidst Optimism and Economic Uncertainty
Written on July 18, 2023 at 3:22 am, by anakin
In a positive start to the week, stock markets experienced gains as Wall Street braced itself for the release of quarterly reports from major global companies. The Dow Jones Industrial Average reached its highest closing level in 2023, adding 76.32 points (0.22%) to close at 34,585.35. The S&P 500 climbed 0.39% to end the sessionContinue Reading
Dividend Adjustment Notice – July 17, 2023
Written on July 17, 2023 at 7:19 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
Philippines GDP Growth Expected To Slow Down In Q2 And Q3
Written on July 17, 2023 at 6:23 am, by anakin
Nomura Global Market Research According to Nomura Global Markets Research, the Philippine economy is going to experience a further slowdown in the coming quarters due to easing consumer spending. Additionally, the research firm has revised down its GDP growth forecast for the second quarter from 6.4% to 5.6%. Moreover, it has also lowered the projectionContinue Reading
Week Ahead: Markets to Focus on US Retail Sales and Canada, UK CPI
Written on July 17, 2023 at 4:06 am, by anakin
This week’s economic calendar features US Retail Sales figures, as well as inflation data from both the UK and Canada — all of which have the capacity to move markets significantly. Therefore, it is crucial for traders to be prepared for any volatility that may arise from these key announcements and adjust their approaches asContinue Reading
4 Things Sports Can Teach Us About Trading
Written on July 17, 2023 at 3:00 am, by anakin
As sportswriting legend Bill Simmons once said, “The secret to basketball is that it isn’t about basketball.” To Simmons, who built his media career off of being an unabashed fan of Boston sports, watching sports isn’t necessarily about the sports but about everything else that affects it—relationships, personalities, and internal struggles. While this might beContinue Reading
Dividend Adjustment Notice – July 14, 2023
Written on July 14, 2023 at 8:04 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
Notification of Server Upgrade – July 14, 2023
Written on July 14, 2023 at 5:34 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 : 15th of July 2023 (Saturday) 02:00 – 08:30 (GMT+3) Please note that the following aspects might be affected during the maintenance: 1. The price quote feature on the ClientContinue Reading
6 Reasons Filipino Traders lose money in CFD Trading
Written on July 14, 2023 at 3:38 am, by anakin
Day trading CFD is a popular financial activity in the Philippines due to its potential for high returns. However, statistics indicate that a significant number of Filipino traders experience losses in their daily trading activities. In this article, we will explore the five reasons why Filipino traders often lose money in CFD trading. By understandingContinue Reading
Stocks Rise as Inflation Data Eases Concerns
Written on July 14, 2023 at 3:13 am, by anakin
Stocks surged on Thursday as the latest inflation data came below expectations, leading to renewed optimism in the market. The S&P 500 and the Nasdaq Composite reached their highest levels in over a year, with the S&P 500 climbing 0.85% to 4,510.04 and the Nasdaq Composite advancing 1.58% to 14,138.57. The Dow Jones Industrial AverageContinue Reading
How to Earn a Living from CFD Trading in the Philippines?
Written on July 13, 2023 at 8:20 am, by anakin
CFD (Contract for Difference) trading is getting popular among individuals in the Philippines who seek an alternative financial plan. Additionally, the allure of trading from the comfort and the flexibility it offers make it an appealing venture. However, the question remains “Can you truly earn a living from CFD trading in the Philippines?” Let usContinue Reading