Monthly Archives: September 2020

Daily Market Analysis Market Focus The end-of-month rebound in global equities faded as investors weighed prospects for fiscal stimulus in the U.S. and the outlook for the coronavirus pandemic. Oil tumbled on concern slow growth will limit demand. WTI oil fell toward $39 a barrel in New York. The S&P 500 Index slumped, with moreContinue Reading

Dear Client, Please note change of the following products after Daylight Savings Time in Australia begins in October 5th, 2020. If you have any questions, our team will be happy to answer your questions.Please mail to [email protected] or contact the service online.

Daily Market Analysis Market Focus U.S. Stocks jumped after four weeks of declines and European shares added the most in three months amid broad gains for equities. The greenback weakened on Monday. Banks led the S&P500 to its biggest gain in two weeks as investors found buying opportunities after the gauge fell to its lowestContinue Reading

Dear Client, Please note closure of the following CFDs due to the National Day, Mid-Autumn Festiva and Chung Yeung Festival as follows: If you have any questions, our team will be happy to answer your questions.Please mail to [email protected] or contact the service online.

Daily Market Analysis Market Focus The September stock-market selloff that started after the overheated tech shares were no longer attracting as much investment evolved this week into a more troubling sign for the U.S. economy. Although stocks advanced Friday after lawmakers revived hopes for a fresh spending bill, the SP500 notched a fourth straight weeklyContinue Reading

Daily Market Analysis Market Focus Stocks whipsawed as investors weighed the chances of a compromise on a new stimulus package amid concern over an uptick in global coronavirus cases. The S&P 500 pared most of its earlier rally after optimism faded that Congress would reach a spending deal with the White House. Stocks surged midday onContinue Reading

Dear Client, As part of our commitment to providing the best reliability and service to our customers, we are planning an upgrade in our server on Sep 26th – 27th, 2020. As a result, we will be conduct maintenance according to the schedule below. Start date and time: 2020-09-26 01:30 GMT+3(Server time) End date andContinue Reading

 Daily Position Report Market Focus Stock market slumped to an eight-week low amid warnings from Federal Reserve officials on the need for more stimulus to lift the world’s largest economy from a coronavirus-induced recession. The S&P500 closed near the threshold that many investors consider to be a market correction, while the Nasdaq 100 tumbled moreContinue Reading

Daily Market Analysis Market Focus U.S. stocks market gained some traction as dip buyers emerged after the market selloff, tempering concern over remarks from Federal Reserve officials that pointed to a slow economic recovery. Most groups in the S&P500 advanced, with retailers and tech companies among the biggest gainers. The Nasdaq 100 notched a back-to-backContinue Reading

Daily Market Analysis Market Focus On Monday, Stocks trimmed losses as a rebound in tech giants tempered concern over cloudy prospects for more economic stimulus and a report detailing suspicious transactions at global banks. Treasuries and the dollar climbed. After approaching the threshold that many investors consider to be a market correction, the S&P 500Continue Reading