Monthly Archives: June 2024

WTI and Brent crude oil prices fall due to unexpected rise in US inventories and market caution ahead of the US PCE data. Geopolitical tensions add to supply concerns.

Dear Client, Affected by international holidays, the trading hours of some VT Markets products will be adjusted. Please check the following link for the affected products: Notification of Trading Adjustment in Holiday Note: The dash sign (-) indicates normal trading hours. Friendly Reminder: The above data is for reference only, please refer to the MT4/MT5Continue Reading

Key points:  This article is a follow-up to: JPY plummets with silence on rate hike timeline from the BoJ  The Japanese yen remained near a 38-year low against the US dollar, trading just below 160.88, its weakest level since 1986. The decline of the Japanese yen, about 12% for the year, highlights the widening interestContinue Reading

Key Points:  The Dow Jones Industrial Average (Symbol: DJ30) showcased a robust performance, defying the broader market trend where technology stocks led a significant selloff. This divergence highlights a notable rotation from tech-heavy sectors to more stable consumer businesses, including energy and banking.  The image above shows the performance of the Dow Jones Industrial Average,Continue Reading

Silver prices (Symbol: XAGUSD) have been on an upward trajectory in 2024 with 21% year-to-date, making it one of the best-performing commodities this year. Silver has outperformed its metallic counterparts, gold and copper, as well as the S&P 500 index.    The image above shows the how silver has ralled in 2024, as observed onContinue Reading

Dear Client, Please note that the dividends of the following products will be adjusted accordingly. Index dividends will be executed separately through a balance statement directly to your trading account, and the comment will be in the following format “Div & Product Name & Net Volume ”. Please refer to the table below for moreContinue Reading

Key points The Australian dollar surged higher on Wednesday after data revealed that inflation accelerated much more than expected in May. This development impacted bonds as investors priced in a greater risk of another increase in interest rates. Inflation surges to 4.0% in MayThe monthly consumer price (CPI) report showed annual inflation rose to 4.0%Continue Reading

Key points Global stock indexes mostly climbed on Tuesday, with shares of AI chipmaker Nvidia bouncing after a three-day sell-off, while the dollar gained slightly against the Japanese yen. Nvidia’s stock (NVDA) ended up 6.8%. The Nasdaq jumped more than 1%, also ending a three-day losing streak, while the S&P 500 technology (S5INFT) and communicationContinue Reading

Key points: Japan’s Nikkei share average closed on Tuesday at its highest level in more than two months, marking a significant rally to 39,173.15, a 0.95% increase. The broader Topix climbed 1.72% to 2,787.37. This upswing reflects a shift in investor focus towards value stocks, moving away from semiconductor and other high-tech shares. The rallyContinue Reading

Dear Client, Shares product NKLA is about to conduct a share reverse split after the market closes on June 24, 2024. Starting from the market opening on June 25, 2024, NKLA expects to provide investor trading in divided contracts. After the share reverse split, please be aware of the following: 1. The trading volume ofContinue Reading