Energies
Monthly Archives: December 2024
Monday’s Market Update | 30-Dec-2024
Written on December 30, 2024 at 8:27 am, by kate
The U.S. stock market concluded the final full week of 2024 with moderate gains, despite some volatility. The S&P 500 and Nasdaq Composite indexes rose by approximately 1.77% and 1.8%, respectively, over the past week. This performance contributes to their impressive annual gains, with the S&P 500 up about 25% and the Nasdaq over 31%Continue Reading
Market Closure in December (2024) and January (2025)
Written on December 27, 2024 at 1:23 am, by zhangyaru
Dear Valued Clients, Please be advised that the following instruments’ trading hours and market session times will be affected by the upcoming December holidays. Please refer to the table below outlining the affected instruments: Date December 30th (Monday) 2024 December 31st (Tuesday) 2024 January 1st (Wednesday) 2025 January 2nd (Thursday) 2025 Holiday New Year’s EveContinue Reading
Market Recap | 26-Dec-2024
Written on December 26, 2024 at 7:17 am, by kate
Asian markets opened on a positive note on Thursday morning, with the Nikkei 225 advancing 0.43% and the KOSPI gaining 0.18% as of 6:43 a.m., signaling steady regional trading sentiment. Financial markets in Australia and the U.S. remained closed due to the Christmas holiday, contributing to lighter trading volumes globally. Commodities saw modest gains, withContinue Reading
(Updated)Market Closure in December
Written on December 24, 2024 at 8:35 am, by zhangyaru
Dear Valued Clients, Please be advised that the following instruments’ trading hours and market session times will be affected by the upcoming December holidays. Please refer to the table below outlining the affected instruments: Date December 24th (Tuesday) 2024 December 25th (Wednesday) 2024 December 26th (Thursday) 2024 December 27th (Friday) 2024 Holiday Christmas Eve ChristmasContinue Reading
Monday’s Market Update | 23-Dec-2024
Written on December 24, 2024 at 5:30 am, by kate
USD/CAD continues to decline for the third consecutive session, trading near 1.4360 as rising crude oil prices strengthen the Canadian Dollar. Softer US inflation data has revived expectations for 2024 policy easing, potentially boosting oil demand. Gold (XAU/USD) holds steady at around $2,625. While the Fed’s hawkish stance pressures gold, a weaker US Dollar followingContinue Reading
Market Recap | 19-Dec-2024
Written on December 19, 2024 at 11:21 am, by kate
Gold prices (XAU/USD) have recovered modestly from a one-month low near $2,583-$2,584 touched during Thursday’s Asian session, but there has been a lack of strong follow-through buying. The Federal Reserve (Fed) announced it would slow the pace of interest rate cuts, while ongoing geopolitical tensions and trade war concerns have driven some safe-haven demand forContinue Reading
Monday’s Market Update | 16-Dec-2024
Written on December 16, 2024 at 12:34 pm, by kate
Gold prices (XAU/USD) are struggling to maintain a modest rebound after touching a one-week low of around $2,643-$2,644 during Monday’s Asian session. This comes as markets anticipate the Federal Reserve (Fed) will take a more cautious approach to cutting interest rates next year, with inflation progress stalling near the 2% target. Meanwhile, USD/CAD has edgedContinue Reading
Market Closure in December
Written on December 13, 2024 at 1:31 am, by zhangyaru
Dear Valued Clients, Please be advised that the following instruments’ trading hours and market session times will be affected by the upcoming December holidays. Please refer to the table below outlining the affected instruments: Date December 16th (Monday) 2024 December 23rd (Monday) 2024 Holiday Day of Reconciliation Christmas Eve GER40 Normal Early Closed 23:00 GER40ftContinue Reading
Announcement on Recent Gold Spread Fluctuations
Written on December 12, 2024 at 1:46 pm, by changhongshan
Dear Valued Clients, The global gold market has experienced significant volatility recently, with market liquidity severely impacted, leading to abnormal widening of quotes. This spread fluctuation is not an isolated incident but rather a result of imbalances in overall market supply and demand. During certain periods, gold spreads have widened noticeably. As a platform employingContinue Reading
