Monthly Archives: June 2024

Key points:  Oil prices edged down in Asian trade on Tuesday, after rallying in the previous session. Brent crude oil (Symbol: UKOUSD) dropped to $84.13 per barrel, while West Texas Intermediate (WTI) crude oil (Symbol: USOUSD) decreased to $80.19 a barrel.   The images above show the bullish momentum in oil prices, as observed on the VTContinue Reading

Key points:  This article is a follow-up to: Nvidia soars to record highs  Nvidia (Symbol: NVDA) has experienced a phenomenal rise in 2024, with its stock price soaring over 140% and its market capitalisation surpassing $3 trillion. This performance has positioned Nvidia as a key player in the artificial intelligence (AI) and semiconductor markets. However,Continue Reading

Sydney, Australia, 17 June 2024 – Global multi-asset broker VT Markets today announces the launch of its #BuiltforWinners campaign. Simultaneously released across multiple geopolitical regions, it is the first ever unified brand campaign by the award-winning forex and CFDs platform. As part of the campaign, VT Markets will be giving away exclusive all-access passes for itsContinue Reading

The upcoming week is packed with key economic events that could significantly impact the markets. Here’s a detailed look at the key events to watch from 17th to 23rd June 2024, covering important announcements from China, Australia, the UK, and Japan. China to release key economic data in June China kicks off the week 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:  Cocoa (Symbol: Cocoa-C) prices surged past $10,000 per metric ton driven by escalating concerns over supply shortages from major producers. The market is now focused on the worsening supply crisis, particularly in Ivory Coast and Ghana, as the top cocoa producers in the world.  The image above shows cocoa prices rallying, as observedContinue Reading

Key points:  The South African rand rose against a broadly stronger US dollar (Currency pair: USDZAR) expecting political parties to agree on the formation of a coalition government. USDZAR pair was lowered to the 18.36540 zone, making the ZAR one of only three G20 currencies to rise against the US dollar, as markets eagerly awaitContinue Reading

Key points: On Friday, the Australian and New Zealand dollars dipped slightly against the safe-haven U.S. dollar as risk aversion swept through European markets. However, both currencies reached multi-month highs against the struggling euro. The Bank of Japan’s announcement to taper its bond-buying program after its July policy meeting also contributed to gains against theContinue Reading

Dear Client, Shares product WKHS is about to conduct a reverse share split after the market closes on June 14, 2024. Starting from the market opening on June 17, 2024, WKHS expects to provide investor trading in divided contracts. After the share split, please be aware of the following: 1. The trading volume of WKHSContinue 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