Monthly Archives: June 2024
Week ahead: Updated inflation data expected to influence policy
Written on June 24, 2024 at 2:18 am, by anakin
This week, market participants will have their eyes on key economic indicators from Australia, the US, and China, as these data points are expected to provide deeper insights into inflation trends and economic health. Australia to release CPI for June Australia’s Monthly Consumer Price Index (CPI) release on 26 June is expected to be noteworthy.Continue Reading
Monetary Authority of Singapore (MAS) maintains monetary policy until year 2025
Written on June 21, 2024 at 9:50 am, by anakin
Key points: The Monetary Authority of Singapore (MAS) is projected to keep its monetary policy unchanged through 2025, driven by consistently high core inflation. Despite a downward trend in headline inflation, core inflation has remained around 3% since mid-2023. This elevated level of core inflation suggests that MAS will not alter its policy parameters thisContinue Reading
Dividend Adjustment Notice – June 21,2024
Written on June 21, 2024 at 7:53 am, by anakin
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
Copper prices slip as the US dollar gains strength
Written on June 21, 2024 at 7:46 am, by anakin
Copper prices dipped with a stronger dollar but are set for the first weekly gain in five weeks. Increased physical demand offers support as markets stabilise.
Gold prices steady with rate cut speculations
Written on June 21, 2024 at 2:54 am, by anakin
Gold prices remained stable on Friday, maintaining momentum for a second consecutive weekly gain. This trend is driven by weak economic data from the U.S., which has bolstered expectations that the Federal Reserve may cut interest rates this year. Gold market performance now Spot gold held steady at $2,358.31 per ounce as of 0139 GMT,Continue Reading
Aussie surges as interest rate outlooks diverge
Written on June 21, 2024 at 2:47 am, by anakin
Key points: The Australian dollar experienced gains this week, buoyed by contrasting interest rate outlooks across major economies. As the Swiss National Bank and the Bank of England leaned towards more dovish policies, the Australian market showed resilience, hinting at a possible rate hike. This divergence has pushed the Australian dollar to impressive heights, reflectingContinue Reading
Notification of Server Upgrade and VT APP update – June 20,2024
Written on June 20, 2024 at 9:04 am, by anakin
Dear Client, As part of our commitment to providing the most reliable service to our clients, there will be a server and VT Markets APP upgrade this weekend. MT4/MT5 Maintenance Hours: June 22nd, 2024 (Saturday) 02:00 – 04:00 and 13:00 – 17:00 VT Markets APP Maintenance: June 22nd, 2024 (Saturday) 00:00 – 04:00The above timeContinue Reading
Dividend Adjustment Notice – June 20,2024
Written on June 20, 2024 at 7:39 am, by anakin
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
Tech giants propel Nasdaq to record highs with broad market gains
Written on June 20, 2024 at 6:14 am, by anakin
Key points: The Nasdaq Composite (Symbol: NAS100) continues its impressive run, setting a record high for the sixth consecutive session. The performance of this tech-heavy index is primarily driven by strong gains in major technology stocks, with investors showing an insatiable appetite for these market leaders. Picture: The Nasdaq Composite rallying to record high, asContinue Reading
Wheat prices retreat with improved global supply
Written on June 20, 2024 at 6:05 am, by anakin
Key points: Wheat prices (Symbol: Wheat-C) fell on Thursday, slipping to the lowest level in two months as the major harvest supply in the world eased supply fears. Prices dropped to $5.73-1/2 a bushel, down around 18.8% from the highs seen last month. Images above show the dip in wheat prices, as observed on theContinue Reading