About: anakin
Recent Posts by anakin
Dividend Adjustment Notice – July 2,2024
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
Written on July 2, 2024 at 7:46 am
Categories: Dividend
Copper prices still on the lows with weak demand in China
Key Points: In the early Asian session, copper (Symbol: Copper-C) prices consolidate at lows with slight uptick in smaller timeframes. While production remains high in China, demand is still weak. The official manufacturing PMI for China in June suggested a contraction in activity, which further dampened copper demand. Picture: Copper prices remain suppressed, as Continue Reading
Written on July 2, 2024 at 6:29 am
Categories: Today's Analysis
Tags: Base Metals, Copper
Oil prices hover at high with summer demand and rate cut hopes
Key points: Oil prices held steady near two-month highs, buoyed by expectations of rising fuel demand and potential economic growth from US interest rate cuts. Brent crude oil (Symbol: UKOUSD) increased to $86.80 per barrel. Similarly, the WTI crude oil (Symbol: USOUSD) reached $83.51 per barrel. The images above show oil prices rallying, as observed Continue Reading
Written on July 2, 2024 at 6:22 am
Categories: Today's Analysis
Tags: Oil
Apple and Tesla boost stocks in pre-holiday trading
Key points: The stock market experienced gains on Monday, driven by strong performances from Apple and Tesla. Despite light pre-holiday trading, the Dow, S&P 500, and Nasdaq all saw positive movement. Investors are eagerly awaiting labour market data later this week to gain insights into the interest rate outlook. Tech stocks boost Nasdaq as Tesla Continue Reading
Written on July 2, 2024 at 5:47 am
Categories: Today's Analysis
Tags: Indices, Stocks
US yields boost dollar, leaves yen struggling
Key points: The U.S. dollar saw a strong performance on Tuesday, supported by rising U.S. Treasury yields. Benchmark 10-year Treasury yields surged by nearly 14 basis points to 4.479% overnight. Analysts attribute this move to expectations of former President Donald Trump winning the U.S. presidency again, potentially leading to higher tariffs and increased government borrowing. Continue Reading
Written on July 2, 2024 at 3:25 am
Categories: Today's Analysis
Tags: Bonds, Forex
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