Monthly Archives: August 2023
Powell’s Hawkish Statement Boosts Dollar
Written on August 28, 2023 at 6:22 am, by jonywang
The Fed chief has jointly reaffirmed his determination to combat inflation, which has strengthened the dollar. The Fed chief, along with the Deputy Governor of the BoE and the Chair of ECB, have jointly reaffirmed their determination to combat inflation until it remains consistently within the targeted range. This Hawkish stance has contributed to theContinue Reading
Upcoming Weekly Adjustment on Index Dividend Notice
Written on August 25, 2023 at 7:16 am, by glennsong
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. Please refer toContinue Reading
All Eyes On Jackson Hole Economic Symposium
Written on August 25, 2023 at 6:17 am, by jonywang
Before the release of the Jackson Hole Economic Symposium, the dollar surged impressively due to the positive initial jobless claims data. In anticipation of Jerome Powell’s address at the Jackson Hole Economic Symposium today, the dollar surged impressively by over 0.6% yesterday, propelling the dollar index to a current trading position above $104.00. This riseContinue Reading
