president days

US President Days Trading Scheduled

We would like to inform you that trading hours for some instruments will be amended due to President’s Day in the US. Product Monday, Feb 18th Forex Normal hours Gold Early close 19:00 Silver Early close 19:00 Copper Early close 19:00 Crude Oil WTI Early close 19:00 Crude Oil Brent Normal hours Natural Gas Early…

calendar

New year trading schedule (Revision)

New Year Celebration Trading Schedule Changes We would like to inform you that the trading schedule will be subject to changes during the New Year Celebrations. The below trading instruments will be affected as follows: 31st Dec 1st Jan 2nd Jan FX Closes at 20:00 Closed Normal XAUUSD Closes at 20:00 Closed Normal XAGUSD Closes…

Multiple Themes in Markets

The markets were driven by multiple themes last week. Dollar ended up broadly higher as supported by hawkish FOMC minutes and rebound in treasury yields. However, it’s outshone by New Zealand and then Australian Dollar. Kiwi was boosted by stronger than expected CPI. Meanwhile, the Aussie was pulled up by iron ore prices, which countered…

Stocks Adjust to Higher Yields

The headline story this week has been the downturn in global equity markets. The S&P500 has fallen about 6% this past week, the biggest five-day loss since February. A bond market rout was the cause then, and it was behind the move in recent days too, as equities re-price to reflect the higher yield environment.…

Dollar Not Ready to Resume Up Trend Yet

Yen and Swiss Franc ended as the weakest ones last week as global stock markets ended higher. There were some jitters in risk sentiments after US announced to move on with tariffs on additional USD 200B in China imports, which come effective as soon as in September. But investors were quickly relieved after China’s refrained…