The European Central Bank’s Recent Interest Rate Hike and Its Impact on the Euro The European Central Bank (ECB) raised the three key interest rates by 25 bps. Starting from September 20, 2023, the marginal lending facility, main refinancing operations, and deposit facility will increase to 4.75%, 4.50%, and 4.00% respectively, setting a record since […]

When you are trading in Contracts for Difference (CFDs) on spot stock indices, if a component of the underlying stock index pays a dividend/dividend (payout) to its shareholders, your trading account will be adjusted ex-dividend at 00:00 server time on the same day, and the corresponding gain or expense will occur depending on the position […]

Unveiling the Robust U.S. Economic Landscape Ahead of the Federal Reserve Meeting The Bureau of Labor Statistics released three statistical reports on September 14:  1. Retail sales  U.S. retail sales in August increased by 0.1% on a monthly basis higher than market expectations, and the annual growth rate increased from 2.6% to 2.5%. Retail sales […]

Focus on USD/CAD today.  Fundamentally, the continued rise in oil prices this week has driven market demand for the Canadian dollar and promoted the appreciation of the Canadian dollar. This has also made the implementation of the Bank of Canada’s monetary policy more difficult to a certain extent. In the short term, oil prices affect […]

When you are trading in Contracts for Difference (CFDs) on spot stock indices, if a component of the underlying stock index pays a dividend/dividend (payout) to its shareholders, your trading account will be adjusted ex-dividend at 00:00 server time on the same day, and the corresponding gain or expense will occur depending on the position […]

Understanding the Surprising Rise in U.S. Inflation Data On September 13th, the U.S. Department of Labor (BLS) released the Consumer Price Index (CPI) in August increased by 3.7% year-on-year, slightly higher than the market estimate of 3.6%, and higher than the previous value of 3.2%. However, excluding food and energy Core CPI increased by 4.3% […]

Focus on EUR/USD today.  Fundamentally, Traders will pay more attention to European Central Bank interest rate decision tonight. As the Eurozone’s second-quarter GDP growth rate dropped from 0.3% to 0.1%, the latest PMI data also showed that economic activity in the service industry and manufacturing industry shrank intensified in August. The sluggish economy coupled with […]

As a mouthpiece of the Fed, the Jackson Hole Economic Symposium always attracts the eyeballs of numerous investors. Considering the current turbulent global economic situation, this year’s meeting is undoubtedly eye-catching. The three-day symposium officially ended in August, and the speeches of renowned financial names captured the world’s attention. 

When you are trading in Contracts for Difference (CFDs) on spot stock indices, if a component of the underlying stock index pays a dividend/dividend (payout) to its shareholders, your trading account will be adjusted ex-dividend at 00:00 server time on the same day, and the corresponding gain or expense will occur depending on the position […]

The ECB Debate: Hawks vs. Doves – Charting a Path Through Uncertainty Since July 2022, interest rates in the euro area have increased by 4.25 percentage points. But as signs of recession in the region become increasingly apparent, with annual price growth now at half its peak of 10.6%, disagreements have emerged within the ECB […]