Focus on GBP/AUD today. On fundamentals, there is no notable financial data due today. The difference in monetary policy between the UK and Australia will control the currency exchange rate in the short run. (Blue vs Black, BoE rate vs RBA rate) The BoE raised its benchmark interest rate by 25 bps to the highest […]

Futures contracts switch to new contracts on the expiration date regularly, the process is known as “Rollover.” Market prices may experience fluctuations caused by non-market factors after the rollover. Positions in futures contracts will undergo corresponding funding adjustments based on the rollover direction to reflect the value change when transitioning between old and new contracts. […]

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 non-farm payrolls have passed, the inflation data has come, and the dollar is still in decline Last Friday, August 4th, the U.S. nonfarm payrolls data fell short of expectations for the second consecutive month. According to the data released by the U.S. Department of Labor, the seasonally adjusted non-agricultural employment in the United States […]

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 […]

Focus on GBP/AUD today. On Fundamentals, BoE raised its benchmark interest rate by 25 bps yesterday, reaching the highest level since 2008. Rising interest rates mean higher borrowing costs, meaning more pressure on many homeowners. The UK continues to be on the edge of recession. Separately, RBA’s monetary report suggests suspending interest rate hikes, however, […]

The Impact of BoE’s Interest Rate Hike on the Pound and the Economy To combat inflation, the BoE makes its 14th move to raise interest rates by 25 bps, marking a new high of 5.25% since 2008. (UK Interest rates in the past 25 years) (BoE briefing in Aug.) BoE’s Battle Against Inflation BoE’s consecutive […]

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 […]

Focus on GBP/USD today. Fundamentally speaking, the BoE and Fed are heading for a showdown now, and this is the only factor that affect the exchange rate between the two. First, the BoE tightening policy has not yet been clarified, While the Fed’s rate hike has come to an end. Second, although the probability of […]

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 […]