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Monthly Archives: August 2023

From “Tulip Mania” to Modern Markets: How to Trade Soft Commodities 

Written on August 10, 2023 at 9:02 am, by

In the 17th-century Dutch Golden Age, a mesmerising phenomenon called “Tulip Mania” took centre stage, forever changing economic history.  Tulips, normally beloved for their beauty, became the focus of an astonishing speculative bubble. Prices soared to unimaginable heights, with a single rare bulb fetching the value of a grand house in Amsterdam.  Enthusiastic investors rushedContinue Reading

Dividend Adjustment Notice – August 10, 2023

Written on August 10, 2023 at 8:01 am, by

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 Decline Ahead of Inflation Data and Earnings Reports

Written on August 10, 2023 at 1:09 am, by

On Wednesday, the stock market witnessed a downward shift as investors braced themselves for upcoming inflation data and evaluated a series of diverse earnings reports. The Dow Jones Industrial Average concluded the trading session with a loss of 0.54%, shedding 191.13 points to reach a closing figure of 35,123.36. Similarly, the S&P 500 registered aContinue Reading

Dividend Adjustment Notice – August 9, 2023

Written on August 9, 2023 at 7:02 am, by

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

Moody’s Downgrade Sparks August Sell-Off: Banking Sector Hit, Markets in Turmoil

Written on August 9, 2023 at 2:48 am, by

Stocks experienced a renewed downward trend on Tuesday, triggered by a credit rating downgrade of the banking sector from Moody’s in the midst of an August selloff. The Dow Jones Industrial Average closed with a loss of 158.64 points, or 0.45%, settling at 35,314.49, while the S&P 500 ended down 0.42% at 4,499.38, reflecting aContinue Reading

Unveiling the Power of Technical Analysis: A Forex Trader’s Strategic Edge

Written on August 8, 2023 at 12:36 pm, by

In ancient Japan, there was a brilliant rice trader named Munehisa Homma. He had a unique talent for predicting future price movements in the rice markets. How did he do it? Well, he closely observed market prices and studied the emotions of fear and greed among traders. This keen observation led him to create somethingContinue Reading

Dividend Adjustment Notice – August 8, 2023

Written on August 8, 2023 at 8:23 am, by

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

August Futures Rollover Announcement – August 8, 2023

Written on August 8, 2023 at 6:51 am, by

Dear Client, New contracts will automatically be rolled over as follows: Please note: • The rollover will be automatic, and any existing open positions will remain open. • Positions that are open on the expiration date will be adjusted via a rollover charge or credit to reflect the price difference between the expiring and newContinue Reading

Dow Jones Surges on Upbeat Earnings and Inflation Outlook

Written on August 8, 2023 at 3:28 am, by

The Dow Jones Industrial Average commenced the week with a robust surge of 1.16%, gaining 407.51 points to conclude at 35,473.13, marking its most substantial upswing since June 15. Buoyed by a nearly 4% rally from Amgen, the blue-chip index received a notable boost. In tandem, the S&P 500 climbed by 0.9% to settle atContinue Reading

Dividend Adjustment Notice – August 7, 2023

Written on August 7, 2023 at 7:18 am, by

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

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