Monthly Archives: August 2023

Week Ahead: All Eyes on US Consumer Price Index and Producer Price Index

Written on August 7, 2023 at 3:09 am, by

Several key market events are expected to influence the financial markets this week. Specifically, the highly awaited US Consumer Price Index and Producer Price Index will be released. In light of these crucial announcements, we advise traders to approach their trading preparations with caution, considering the potential for heightened market volatility.  Here are some keyContinue Reading

Dividend Adjustment Notice – August 4, 2023

Written on August 4, 2023 at 7:28 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

S&P 500 Faces Third Consecutive Day of Declines Amidst Rising Bond Yields

Written on August 4, 2023 at 1:52 am, by

The S&P 500 continued its decline for a third day in a row, grappling with the impact of rising bond yields and mixed corporate earnings results. The index fell 0.25%, closing at 4,501.89, while the Dow Jones Industrial Average also lost 0.19%. The Nasdaq Composite inched down by 0.1% at the end of the tradingContinue Reading

Notification of Server Upgrade – August 4, 2023

Written on August 4, 2023 at 1:38 am, by

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 : 5th of August 2023 (Saturday) 14:00 – 18:00 (GMT+3) Please note that the following aspects might be affected during the maintenance: 1. The price quote and trading management willContinue Reading

Dividend Adjustment Notice – August 3, 2023

Written on August 3, 2023 at 6:56 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

Fitch Downgrades U.S. Rating Sparks Tech Stocks Selloff

Written on August 3, 2023 at 2:44 am, by

A selloff gripped the stock market on Wednesday as the Nasdaq Composite suffered its worst day since February. The downturn was triggered by Fitch Ratings’ decision to downgrade the long-term rating for the U.S. from AAA to AA+, citing concerns about the expected fiscal deterioration over the next three years. This move fueled risk-off sentiment,Continue Reading

Dividend Adjustment Notice – August 2, 2023

Written on August 2, 2023 at 7:45 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

Brave New World: How AI Is Changing Forex Trading Forever

Written on August 2, 2023 at 3:46 am, by

Arguably more than any other sector, the world of forex trading has consistently been shaped by the onset of new technology. When the concept of trading assets in a public setting first came about, traders literally used to call out (yes, verbally!) the assets they intended to trade. However, the trading of currencies has evolvedContinue Reading

Starting August Market: Mixed Earnings Impact S&P 500

Written on August 2, 2023 at 1:29 am, by

Starting in August, the S&P 500 experienced a 0.27% decline, with the Nasdaq Composite also dropping by 0.43%, while the Dow Jones Industrial Average gained 0.2%. Several companies reported mixed results, leading to varied stock movements. Pharmaceutical giant Merck pulled back 1.3% despite exceeding revenue expectations, while Caterpillar’s strong results boosted shares by 8.9%. OnContinue Reading

Notification of Trading Adjustment in Holiday – August 2, 2023

Written on August 2, 2023 at 1:24 am, by

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].

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