About: anakin

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Market Correction Deepens as Tech Giants Struggle, Dollar Gains Resilience Amid Economic Data, and Currency Market Trends Uncertain

In a turbulent market session, the Nasdaq Composite entered correction territory, partly driven by Meta’s underwhelming forecast, and Alphabet’s disappointing results added to the pressure. The S&P 500 briefly touched correction territory, and Wall Street grappled with concerns about the US economy’s outlook. Meanwhile, the US dollar displayed resilience on the back of strong Q3 Continue Reading

Notification of Server Upgrade – October 27, 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 : 28th of October 2023 (Saturday) 02:00 – 07:00 (GMT+3) Please note that the following aspects might be affected during the maintenance: 1. The price quote and trading management will Continue Reading

Dividend Adjustment Notice – October 26, 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 more Continue Reading

End of Daylight Saving Time in the US – October 26, 2023

Dear Client, Due to the end of U.S. Daylight Saving Time on November 6, 2023, the trading hours for certain products on MT4/MT5 will change. On the same day, the server time will also change from GMT+3 to GMT+2. Please refer to the table below outlining the affected instruments: The above information is provided for Continue Reading

S&P 500 Falls Below Key Level Amid Tech Giant Turmoil, Microsoft Shines in Earnings Season, and the Resilient US Dollar Dominates Currency Markets

On Wednesday, the S&P 500 closed at 4,186.77, dipping below the critical 4,200 level, spurred by Alphabet’s disappointing earnings, tech stock declines, and rising bond yields. Microsoft bucked the trend with a 3% share price increase after strong earnings. Meanwhile, in the currency market, the US dollar gained ground due to higher Treasury yields, while Continue Reading

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