Monthly Archives: March 2025
The Claimant Count Rate in the UK rose to 4.7%, compared to the previous 4.6%
Written on March 20, 2025 at 9:54 am, by davin
UK Claimant Count Rate rose to 4.7%, GBP/USD dropped below 1.3000, BoE expected to hold rates.
Foxconn’s AI server revenue is set to surpass iPhone earnings within two years, reports indicate
Written on March 20, 2025 at 9:51 am, by davin
Foxconn’s AI server revenue will surpass iPhone sales in two years, driven by rising enterprise computing demand.
Data from the Office for National Statistics indicated that the UK’s unemployment rate remained at 4.4%
Written on March 20, 2025 at 9:23 am, by davin
UK unemployment steady at 4.4%, claimant count rose, employment increased, and average earnings grew in January.
The yen rose during Japan’s market holiday, benefiting from thinner liquidity and FOMC influences
Written on March 20, 2025 at 9:21 am, by davin
The yen gained on holiday; EUR/JPY fell 200 points. Analysts monitor for reversals amid reduced liquidity.
In February, the actual claimant count change in the UK exceeded expectations, reaching 44.2K
Written on March 20, 2025 at 8:53 am, by davin
UK claimant count rose by 44.2K in February, surpassing expectations, indicating labour market strain and economic impact.
The Loan Prime Rates in China remain steady at 3.1% for one year and 3.6% for five years
Written on March 20, 2025 at 8:51 am, by davin
China’s central bank kept Loan Prime Rates unchanged: 3.1% for one-year loans and 3.6% for five-year mortgages.
In Saudi Arabia, gold prices increased today based on compiled data from market analysis
Written on March 20, 2025 at 8:23 am, by davin
Gold prices in Saudi Arabia rose, reaching 368.20 SAR per gram. Economic conditions and central banks influence prices.
Employment figures disappointed, with 80K jobs lost, influencing expectations for Reserve Bank of Australia’s rate cuts
Written on March 20, 2025 at 8:21 am, by davin
Australian Dollar falls after weak jobs report; employment drops 50,000 instead of rising, raising RBA rate cut concerns.
Dividend Adjustment Notice – Mar 20 ,2025
Written on March 20, 2025 at 8:00 am, by lucky
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 details:Continue Reading
The GBP/USD pair is trading at approximately 1.3010, aiming for a five-month high resistance level
Written on March 20, 2025 at 7:53 am, by davin
GBP/USD trades at 1.3010, maintaining bullish momentum. RSI above 70 suggests overbought conditions, possibly indicating correction.