Monthly Archives: July 2024
Dividend Adjustment Notice – July 5,2024
Written on July 5, 2024 at 6:59 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 more Continue Reading
Tesla stock surges on strong Q2: Musk reclaims title of wealthiest person
Written on July 5, 2024 at 6:37 am, by anakin
Stock price of Tesla rebounds by 75%, driven by strong Q2 delivery figures. Elon Musk reclaims the top spot among the rich in the world, with a net worth of $252 billion.
Indonesian foreign exchange reserves hit record highs
Written on July 5, 2024 at 5:48 am, by anakin
The foreign exchange reserves of Indonesia surged, driven by robust tax revenues and foreign loan withdrawals. Learn how this helps the economic stability in Indonesia.
Dollar drops for 3 weeks; Pound steady after UK election
Written on July 5, 2024 at 3:35 am, by anakin
The U.S. dollar hovered near three-week lows on Friday, anticipating the release of payrolls data that could influence the outlook for interest rates. Meanwhile, the pound remained firm as the Labour party seemed poised to secure a significant majority in the UK general election.
Canadian dollar rises to one-month peak before domestic jobs report
Written on July 5, 2024 at 3:31 am, by anakin
The loonie strengthened to a one-month high against its U.S. counterpart on Thursday. This rise occurred as the greenback posted broad-based declines ahead of domestic jobs data, which could influence expectations for further interest-rate cuts by the Bank of Canada.
Dividend Adjustment Notice – July 4,2024
Written on July 4, 2024 at 6:58 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 more Continue Reading
Brazilian real rebounds with weakness hitting the US dollar
Written on July 4, 2024 at 6:06 am, by anakin
The Brazilian real strengthens as expectations of a dovish Fed policy rise. Learn about the market implications and key factors influencing the performance of BRL.
New Zealand dollar rises on Fed rate cut speculation
Written on July 4, 2024 at 3:30 am, by anakin
The New Zealand dollar (NZD) appreciated to $0.611 against the US dollar (USD) as soft labor market data and weaker-than-expected services activity in the US fueled speculation about potential Federal Reserve rate cuts later in the year.
Asian stocks reach 27-month high, dollar falls on rate cut speculation
Written on July 4, 2024 at 3:10 am, by anakin
Key points Asia stocks soared to a 27-month high on Thursday, driven by softer U.S. economic data that increased the likelihood of a September rate cut. This development boosted bonds and commodities while dragging down the dollar. A holiday in the United States led to thin trading as investors awaited the outcome of the UK Continue Reading
Dollar weakens after soft data, Yen still struggling
Written on July 4, 2024 at 2:21 am, by anakin
The dollar faced pressure on Thursday following U.S. economic data that indicated slowing growth. Despite this, the yen remained weak, pinned near a 38-year low, prompting concerns about possible government intervention.
