About: lishitong
Recent Posts by lishitong
Ahead of NFP, Fed Implements Lowest Rate Hike in 10 Months
On Wednesday, the U.S Federal Reserve released its monetary policy decision for February 2023, raising the benchmark interest rate by 25 points at the conclusion of the FOMC meeting, as widely expected by the markets. This brings the target range of 4.5% to 4.75%, making it the highest since October 2007. This also marks theContinue Reading
Adani Hits Back Against Activist Short Sellers Hindenburg
Indian billionaire Gautam Adani has published a 413-page rebuttal against Hindenburg, which has recently published a report covering extensive allegations, including stock manipulation and accounting fraud, about Adani’s multi-billion-dollar conglomerate. In response, Adani has accused Hindenburg Research of conducting a “calculated securities fraud”, and an attack on India. Adani is now considering legal action againstContinue Reading
Upcoming Weekly Adjustment on Index Dividend Notice
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. Please refer toContinue Reading
