Monthly Archives: August 2024
Australian dollar rises on hawkish hold from the RBA
Written on August 7, 2024 at 10:07 am, by anakin
The Australian dollar appreciates to near one-week high after RBA maintains cash rate at 4.35% and warns inflation remains high. US Fed rate cuts also influence the Aussie.
Airbnb Q2 2024 earnings with EPS miss and revenue beat
Written on August 7, 2024 at 10:02 am, by anakin
Airbnb reports Q2 2024 earnings with an EPS of 86 cents, missing estimates, but beats revenue expectations with $2.75 billion. Read more about the market implications.
August Futures Rollover Announcement – Aug 7,2024
Written on August 7, 2024 at 9:03 am, by anakin
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 new Continue Reading
Dividend Adjustment Notice – Aug 7,2024
Written on August 7, 2024 at 8:33 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
Asia stocks rise, yen retreats after BOJ rules out rate hikes
Written on August 7, 2024 at 6:46 am, by anakin
Asian share markets extended their gains on Wednesday, with a notable rise in the Nikkei. This surge followed the Bank of Japan’s unexpected indication that it would not raise interest rates while markets remain volatile, leading to a sharp fall in the yen.
Dollar steady, yen wobbles as traders assess rate cut bets and carry trades
Written on August 7, 2024 at 3:21 am, by anakin
The dollar held its ground on Wednesday, while the yen retreated from a seven-month peak. Currency markets stabilised after a turbulent start to the week driven by recession fears and the unwinding of carry trades.
The glamour of trend trading
Written on August 7, 2024 at 2:00 am, by anakin
Capturing the hottest moments in the market Imagine the market as a bustling red carpet event, where every asset is a celebrity and every trader a paparazzi. Cameras flash, and eyes dart, seeking the hottest stars – the trends. In this fast-paced world, trend trading emerges as a strategy that not only keeps up with Continue Reading
US stock market rebound after major market selloff during recession fears
Written on August 7, 2024 at 1:34 am, by anakin
US stock market rebounds after a steep selloff, driven by recession fears and global market volatility. Notable tech giants like Microsoft and Tesla see major declines.
Dividend Adjustment Notice – Aug 6,2024
Written on August 6, 2024 at 9:51 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
EURUSD rallies on weak US jobs data: Best day since November 2023
Written on August 6, 2024 at 8:25 am, by anakin
EURUSD surged 1.3% as weak US nonfarm payrolls data fueled expectations of a significant Fed rate cut. Read more to understand the market opportunities and risks.
