Monthly Archives: December 2023

Stocks Dip Amid Overvaluation Concerns and Currency Markets React to Rate Cut Speculation

Written on December 5, 2023 at 1:40 am, by

Following a five-week winning streak, stock markets experienced a decline, prompting investor worries about potential overvaluation. Major indices, including the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite, dropped due to selling pressure on Big Tech stocks. However, Bitcoin hit a 19-month high while gold reached unprecedented levels, benefiting companies like Marathon Digital, RiotContinue Reading

Week Ahead: Markets to Focus on US Jobs Report and Rate Statements from RBA and BOC

Written on December 4, 2023 at 2:57 am, by

Various events are set to impact the markets this week, most notably the rate decisions of major central banks including the Reserve Bank of Australia and the Bank of Canada. Traders are advised to exercise caution and stay informed about the latest developments to ensure a successful week of trading. Here are the upcoming marketContinue Reading

Notification of Server Upgrade – December 1, 2023

Written on December 1, 2023 at 9:07 am, by

Dear Client, As part of our commitment to provide the most reliable service to our clients, there will be server maintenance this weekend. Maintenance Hours : 2nd of December 2023 (Saturday) 00:00-05:00 (GMT+2) Please note that the following aspects might be affected during the maintenance: 1. The price quote and trading management will be temporarilyContinue Reading

Dividend Adjustment Notice – December 1, 2023

Written on December 1, 2023 at 7:34 am, by

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 moreContinue Reading

Dividend Adjustment Notice – December 1, 2023

Written on December 1, 2023 at 7:14 am, by

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 moreContinue Reading

Dow Hits Yearly High, Tech Surges, and Dollar Rebounds – Impact on Federal Reserve’s Policy Shift

Written on December 1, 2023 at 2:54 am, by

November witnessed robust stock market rallies with the Dow Jones surging to a new yearly high, marking an 8.9% gain while the S&P 500 and Nasdaq also experienced significant growth. Cooling inflation figures hinted at a potential shift in the Federal Reserve’s policy, driving investor optimism. Tech stocks like Nvidia, Tesla, Alphabet, and Meta dominatedContinue Reading

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