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Week ahead: All Eyes on FOMC and BoE Rate Statement

This week, the financial world eagerly anticipates crucial events, including the FOMC meeting and the BoE Rate Statement. Additionally, vital economic data, including CPI and PPI figures, will be published by major economies like Canada and the UK. Keeping a close watch on these indicators can empower traders to make more well-informed decisions. Here areContinue Reading

US Stocks Surge as First Republic Bank Secures Rescue Package, Boosting Regional Lenders

On Thursday, US stocks saw a surge in prices following the announcement that a rescue package had been secured for First Republic Bank. This news sparked a rebound in shares of embattled regional lenders, which had previously tumbled more than 60% as investors speculated that the bank could be the next to fail after twoContinue Reading

Notification of Server Upgrade – March 17, 2023

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 : 18th of March 2023 (Saturday): 02:00 – 04:00 (GMT+3) Please note that the following aspects might be affected during the maintenance: 1. The price quote feature on the ClientContinue Reading

Weekly Dividend Adjustment Notice – March 17, 2023

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

Financial Markets React to Banking Turmoil and Cryptocurrency Surge

Following the recent collapse of several American regional banks and the Credit Suisse Group AG crisis, investors have begun to recall memories of the 2008 financial crisis. Speculation is rife that major central banks may need to provide liquidity support to financial regulators. As a result, the S&P 500 initially plummeted by over 2%. However,Continue Reading

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