Headlines * China’s trade plunges more than forecast in blow to recovery * Fed officials sketch case on both sides of rate debate * USD/JPY recapture 143 amid fresh dollar buying * Asian markets softer as investors look to key inflation readings FX: USD closed near its lows on Monday but a touch higher than Friday. This morning is seeing a better bid after disappointing Chinese trade figures soured risk sentiment. The 2-year yield continued its move lower after breaking down on Friday through long-held 50-day SMA support.  The 10-year yield is falling sharply today as it nears the psychol ..read more

Due to the high market volatility during the earning season, we decided to adjust the leverage from 20:1 back to 33:1 for all US Shares. Symbols Effected Schedule Leverage Effective Date All US share CFDs Before Earning Season 33:1 21 August 2023 During Earning Season 20:1 After Earning Season 33:1 *ASIC/FCA Retail clients are not affected An additional notification with regards to the change of leverage upon the next earning season will be forwarded to you when it is known. We apologise for any inconvenience caused. If you have any questions about these changes, or require assista ..read more

Here are the dividend payouts for the following indices for the period of 07 Aug to 14 Aug 2023: Instruments 07 Aug 2023 08 Aug 2023 09 Aug 2023 10 Aug 2023 11 Aug 2023 14 Aug 2023 DJ30 (USD) 0.000 0.000 10.941 13.511 1.582 0.000 SPI200 (AUD) 0.000 0.000 0.000 3.278 0.000 0.000 HSI (HKD) 0.000 0.000 0.000 19.726 1.447 1.349 Nikkei225 (JPN) 0.000 0.000 0.000 0.000 0.000 0.000 SP500 (USD) 0.114 0.040 0.383 0.572 0.637 0.285 FTSE100 (GBP) 0.000 0.000 0.000 32.342 0.000 0.000 NAS100 (USD) 0.377 0.000 1.146 1.997 2.357 0.858 EU50 (EUR) 1.773 0.000 0.000 0.000 0.683 0.000 FRA40 ..read more

It’s a quiet calendar after a busy few weeks of big risk events. But markets will focus intensely on Thursday’s US inflation data, the first release of two CPI reports ahead of the September FOMC meeting. The June figures were pivotal for the current pause or skip Fed phase as a modest 0.2% monthly print brought annual headline inflation down to 3%, a third of its peak level. Consensus expects a similar outcome on Thursday, though the annual reading will likely tick up due to a base effect which reflects falling energy costs last summer dropping out of the annual comparison. Attention will be ..read more

Here are the share CFD dividends that will be paid out from 7 August to 11 August 2023: Region Symbol IssueName Ex-date Amount per Share Currency Tax Rate US AA Alcoa Corp 7 Aug 2023 0.100 USD 30 US BKR Baker Hughes Co 7 Aug 2023 0.200 USD 30 EU INGA ING Groep N.V. 7 Aug 2023 0.350 EUR 15 US LVS Las Vegas Sands Corp 7 Aug 2023 0.200 USD 30 US MET Metlife Inc 7 Aug 2023 0.520 USD 30 US SIRI Sirius XM Holdings Inc 7 Aug 2023 0.024 USD 30 US CLX Clorox Company 8 Aug 2023 1.200 USD 30 US IBM INTL BUSINESS MACHINES CORP 9 Aug 2023 1.660 USD 30 US AEP American Ele ..read more

Here are the dividend payouts for the following indices for the period of 04 Aug to 11 Aug 2023: Instruments 04 Aug 2023 07 Aug 2023 08 Aug 2023 09 Aug 2023 10 Aug 2023 11 Aug 2023 DJ30 (USD) 0.824 0.000 0.000 10.941 13.511 1.582 SPI200 (AUD) 0.000 0.000 0.000 0.000 3.278 0.000 HSI (HKD) 0.000 0.000 0.000 0.000 19.717 1.447 Nikkei225 (JPN) 0.000 0.000 0.000 0.000 0.000 0.000 SP500 (USD) 0.326 0.114 0.052 0.383 0.572 0.637 FTSE100 (GBP) 0.000 0.000 0.000 0.000 32.473 0.000 NAS100 (USD) 0.664 0.377 0.000 1.146 1.997 2.357 EU50 (EUR) 0.000 1.773 0.000 0.000 0.000 0.683 FRA40 ..read more

Headlines * BoE signals there’s still work to do as policy turns restrictive * RBA sees inflation back within target end-2025, soft landing for economy * Saudi Arabia extends 1mn barrel per day oil cut, may deepen it in future * NFP: US labour market growth set to slow further in July FX: USD fell against most its peers halting its three-day win streak. The DXY closed marginally lower at 102.54 hanging back from a four-week high. US Treasuries continued to slump in a move led by the long end. They were on track for their worst week of this year. The 2-year yield tracked sideways above the 50-d ..read more

Here are the dividend payouts for the following indices for the period of 03 Aug to 10 Aug 2023: Instruments 03 Aug 2023 04 Aug 2023 07 Aug 2023 08 Aug 2023 09 Aug 2023 10 Aug 2023 DJ30 (USD) 0.000 0.824 0.000 0.000 10.941 13.511 SPI200 (AUD) 0.141 0.000 0.000 0.000 0.000 3.278 HSI (HKD) 0.000 0.000 0.000 0.000 0.000 19.704 Nikkei225 (JPN) 0.000 0.000 0.000 0.000 0.000 0.000 SP500 (USD) 0.222 0.326 0.107 0.052 0.383 0.572 FTSE100 (GBP) 11.130 0.000 0.000 0.000 0.000 32.460 NAS100 (USD) 0.000 0.664 0.377 0.000 1.146 1.997 EU50 (EUR) 0.000 0.000 1.317 0.000 0.000 0.000 FRA40 ..read more

Due to scheduled server maintenance, do expect delayed opening trading hours of markets between the following period this weekend: Date Trading Hours (GMT+3) 05 August 2023 (Saturday) 02:00-13:59 18:01-23:59 [Break 14:00-18:00] Trading hours will return to normal on 06 August 2023 (Sunday). We apologise for any inconvenience incurred. If you have any questions about these changes, please do not hesitate to contact us at support@vantagemarkets.com. The post Upcoming Scheduled Maintenance on 05 August 2023 first appeared on Vantage ..read more

Key speeches by central bank leaders and economic data out this week The dollar index rallied last week. However, dollar pared some gains on Monday due to the survey on Empire State Manufacturing Index, which unveiled deteriorating conditions among manufacturers. The index plummeted to minus 31.8 points in May, below market’s forecast of minus 3.9 points. This week, the release of retail sales data will provide insights into consumer spending, while unemployment claims data will update markets on the state of US labor market. Markets expect greater consumer spending and a decrease in unemploym ..read more