Monthly Archives: August 2024

Recession Concerns Ease: Can the U.S. Sustain Its Momentum?

Written on August 23, 2024 at 6:00 am, by

Tuesday, 27 August 2024, 16:00 – US CB Consumer Confidence (Aug) The U.S. Conference Board Consumer Confidence Index rose to 100.3 in July 2024, up from a revised 97.8 in June. This growth was mainly driven by improved consumer expectations regarding future economic conditions, even as views on the present situation slightly weakened. The PresentContinue Reading

Indices Product – HKTECH Optimisation Notice

Written on August 22, 2024 at 3:15 am, by

Dear Valued Client, Please be advised that the leverage of HKTECH will be optimised from 26th August 2024 to further enhance the competitiveness and improve the trading environment. Please refer to the table below for adjustment:

Gold Price Tops $2500 For the First Time

Written on August 20, 2024 at 1:56 am, by

Market Summary Gold prices soared above the $2,500 mark for the first time, driven by expectations of potential interest rate cuts, which have weakened the dollar to its recent low levels. Market participants are now focused on Wednesday’s FOMC meeting minutes for insights into the Fed’s next monetary policy moves. Additionally, Federal Reserve Chair JeromeContinue Reading

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