Monthly Archives: April 2023
Markets Muted While Celebrating Easter
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Written on April 10, 2023 at 5:50 am, by lishitong
Last Friday, U.S. economic data gave mixed signals, leaving the markets clueless, especially on the upcoming Fed’s monetary policy. The Non-Farm Payroll decelerated to 236k but is in line with the market consensus. However, the country recorded a record low in the unemployment rate, showing that the labour market remains hot. Most asset classes wereContinue Reading
Mixed Asian Shares After Surprise Rate Hike by RBNZ
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Written on April 10, 2023 at 3:17 am, by lishitong
Asian markets were mixed as investors digested a US labour report showing a drop in job openings to their lowest level in almost two years in February. New Zealand’s central bank increased its benchmark cash rate by 50 basis points to 5.25%, causing the New Zealand dollar to strengthen by almost 0.9%. Meanwhile, Japan’s NikkeiContinue Reading
CFD Rollover Notice for April
Written on April 7, 2023 at 9:08 am, by lishitong
Dear Valued Client, Please be advised that the following CFD instruments will be automatically rolled over as per the dates in the table below. As there can be a pricing difference between old and new futures contracts, we recommend clients to monitor their positions closely and manage positions accordingly. Expiration dates: *All hours are providedContinue Reading