Moomoo advises our users and the general public to be alert to online investment scams. Recently, we have taken note of an increasing number of scam incidents in multiple markets where moomoo operates, including the U.S., Australia, Canada, Singapore, Malaysia, and Japan. The impact that fraud and scams can have on their victims is devastating. In the last month alone, we have seen three cases of the general public becoming victims of scams and identifie...

Global Markets Weekly Update
Last week was dominated by central bank meetings that confirmed the market view that interest rate cuts will be coming in the second half of 2024.
The Swiss National Bank was the first major economy to cut rates pointing to a lower inflation outlook while the Bank of England, the RBA, the Fed and the European Central Bank all met and released statements confirming that inflation would soon be falling to their target ranges....