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Markets Close on Monday for Juneteenth Holiday Following Strong Week and Fed’s Rate Hike Decision
In observance of the Juneteenth holiday, the regular trading session was suspended on Monday, providing investors with a break after a positive week. Despite minor slips on Friday, the S&P 500 and the Nasdaq Composite recorded their best weekly performances since March, with the S&P 500 rising by 2.6% and the Nasdaq adding 3.25%. TheContinue Reading
Written on June 20, 2023 at 2:49 am
Categories: Market Analysis, Today's Analysis
Week Ahead: All Eyes on BOE and SNB Rate Statements
This week, markets brace for key events, including interest rate releases from the Bank of England and Swiss National Bank. Traders are expected to monitor these crucial announcements to shape their strategies and gain insights into the financial landscape. Stay tuned for a round-up of significant market developments. UK Consumer Price Index (21 June 2023)Continue Reading
Written on June 19, 2023 at 1:30 am
Categories: Market Analysis, Today's Analysis
Stocks Surge as Investors Anticipate Fed’s Pause on Rate Hikes
On Thursday, the Dow Jones Industrial Average experienced a significant rally, surging over 400 points, and the S&P 500 reached a 13-month high. Investors speculated that the Federal Reserve would refrain from further interest rate hikes after the central bank decided to skip a hike this week. The Dow Jones rose by 428.73 points (1.26%),Continue Reading
Written on June 16, 2023 at 5:45 am
Categories: Market Analysis, Today's Analysis
Weekly Dividend Adjustment Notice – June 15, 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
Written on June 15, 2023 at 8:46 am
Categories: Dividend
Stock Market Reacts to Fed’s Mixed Signals on Rate Hikes and Inflation
Stocks experienced volatility on Wednesday as the Federal Reserve took a pause in its rate-hiking campaign while signalling progress in combating inflation. Despite this, the central bank also indicated its intention to implement two more rate hikes later in the year. The S&P 500 managed to eke out a marginal gain, closing at 4,372.59 withContinue Reading
Written on June 15, 2023 at 3:22 am
Categories: Market Analysis, Today's Analysis
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