Monthly Archives: July 2023

Strong Corporate Earnings Propel Dow Jones to New Highs

Written on July 19, 2023 at 2:54 am, by

In a positive turn for investors, the Dow Jones Industrial Average soared on Tuesday as traders reacted to impressive corporate earnings reports. The Dow closed the day with a gain of 366.58 points, marking a 1.06% increase and reaching a new high of 34,951.93. Similarly, the Nasdaq Composite rose by 0.76% to end at 14,353.64,Continue Reading

How to Trade Coffee: A Comprehensive Guide 

Written on July 18, 2023 at 4:08 pm, by

The coffee industry, valued at over 100 billion US dollars annually, boasts a thriving global market and is regarded as one of the most highly traded and consumed soft commodities worldwide. Coffee trading presents lucrative opportunities for traders, as it can be influenced by various external factors, including the prices of other commodities.  In thisContinue Reading

Calculating Pips with Confidence: A Practical Guide for Forex Traders

Written on July 18, 2023 at 10:05 am, by

Imagine you’re at a bustling street market in a foreign country, excited to exchange your currency for the local one. As you approach the currency exchange booth, you notice that the exchange rates are constantly changing.  Every time you see the rates fluctuate, even by the tiniest amount, it affects the amount of money you’llContinue Reading

Dividend Adjustment Notice – July 18, 2023

Written on July 18, 2023 at 6:54 am, by

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

Wall Street Prepares for Earnings Season Amidst Optimism and Economic Uncertainty

Written on July 18, 2023 at 3:22 am, by

In a positive start to the week, stock markets experienced gains as Wall Street braced itself for the release of quarterly reports from major global companies. The Dow Jones Industrial Average reached its highest closing level in 2023, adding 76.32 points (0.22%) to close at 34,585.35. The S&P 500 climbed 0.39% to end the sessionContinue Reading

Dividend Adjustment Notice – July 17, 2023

Written on July 17, 2023 at 7:19 am, by

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

4 Things Sports Can Teach Us About Trading

Written on July 17, 2023 at 3:00 am, by

As sportswriting legend Bill Simmons once said, “The secret to basketball is that it isn’t about basketball.” To Simmons, who built his media career off of being an unabashed fan of Boston sports, watching sports isn’t necessarily about the sports but about everything else that affects it—relationships, personalities, and internal struggles.  While this might beContinue Reading

Dividend Adjustment Notice – July 14, 2023

Written on July 14, 2023 at 8:04 am, by

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

Notification of Server Upgrade – July 14, 2023

Written on July 14, 2023 at 5:34 am, by

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 : 15th of July 2023 (Saturday) 02:00 – 08:30 (GMT+3) Please note that the following aspects might be affected during the maintenance: 1. The price quote feature on the ClientContinue Reading

Stocks Rise as Inflation Data Eases Concerns

Written on July 14, 2023 at 3:13 am, by

Stocks surged on Thursday as the latest inflation data came below expectations, leading to renewed optimism in the market. The S&P 500 and the Nasdaq Composite reached their highest levels in over a year, with the S&P 500 climbing 0.85% to 4,510.04 and the Nasdaq Composite advancing 1.58% to 14,138.57. The Dow Jones Industrial AverageContinue Reading

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