Monthly Archives: June 2024
Share Split Notification (SPCE) – June 14,2024
Written on June 14, 2024 at 7:41 am, by anakin
Dear Client, Shares product SPCE 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, SPCE expects to provide investor trading in divided contracts. After the share split, please be aware of the following: 1. The trading volume of SPCEContinue Reading
Yen cautious before BOJ meeting; Euro falters with weekly loss in sight
Written on June 14, 2024 at 7:10 am, by anakin
Key points: On Friday, the yen was on the defensive as traders awaited the Bank of Japan’s policy decision, while the euro was headed for a weekly loss due to political turmoil in France. The dollar gained strength against both currencies, buoyed by safe-haven bids and eurozone political uncertainties. Yen anticipates BOJ decision Picture: JapaneseContinue Reading
Notification of Server Upgrade and VT APP update – June 13,2024
Written on June 13, 2024 at 9:37 am, by anakin
Dear Client, As part of our commitment to provide the most reliable service to our clients, there will be server maintenance and VT APP this weekend. MT4/MT5 Trading Hours: June 15th 2024 (Saturday) postponed to open at 11:00 VT Markets APP Maintenance: June 15th 2024 at 04.00 am (Saturday) – June 16th 2024 at 13.00Continue Reading
Thai inflation target review could pave way for rate cuts
Written on June 13, 2024 at 9:18 am, by anakin
Key points: The Bank of Thailand, jointly with the finance ministry, is set to review the inflation target range of the country. This is a move that Prime Minister Srettha Thavisin believes could enhance the prospects of an interest rate cut. Such a decision to review comes after the central bank decided to keep itsContinue Reading
The US stock market surges following inflation slowdown
Written on June 13, 2024 at 8:51 am, by anakin
Key points: The US stock market rocketed higher as the latest report from the US Federal Reserve was released, with a positive reaction to the latest inflation data. The Fed has decided to keep its benchmark interest rate steady at 5.50%, contrary to prior expectations of three rate cuts for the year, now projecting only oneContinue Reading
Dividend Adjustment Notice – June 13,2024
Written on June 13, 2024 at 7:06 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
Japan’s Nikkei falls after initial gains ahead of BOJ policy decision
Written on June 13, 2024 at 7:04 am, by anakin
Key points: Japan’s Nikkei index reversed its early gains on Thursday, ending the morning session down 0.12% to 38,831.36. This shift occurred ahead of the Bank of Japan’s (BOJ) policy decision due on Friday. Earlier in the session, the Nikkei had risen nearly 1%, crossing the 39,000 mark, supported by gains in chip-related stocks. Picture:Continue Reading
South Korean shares gain over 1% on Wall Street rally; Chipmakers shine
Written on June 13, 2024 at 3:35 am, by anakin
Key points: South Korean shares saw a strong rise of more than 1% on Thursday, following a rally on Wall Street. This uptick came after inflation data and the Federal Reserve’s policy decision were released. Chipmakers drive KOSPI surge as U.S. markets hit record highs The benchmark KOSPI index increased by 42.76 points, or 1.55%,Continue Reading
Oil prices rise on falling US inventories and higher global demand forecasts
Written on June 12, 2024 at 9:00 am, by anakin
Key Points: Oil prices climbed as reports indicated a decline in US crude oil inventories and an optimistic outlook on global demand. Brent crude oil (Symbol: UKOUSD) increased to $82.32 per barrel, while West Texas Intermediate (WTI) crude oil (Symbol: USOUSD) rose to $78.42 per barrel. The images above showed the bullish momentum in oil prices,Continue Reading
Japanese yen hovers at lows with hotter producer inflation and BOJ speculations
Written on June 12, 2024 at 7:51 am, by anakin
Key Points: The Japanese yen remained at over one-week lows around 157.2 per dollar, despite hotter-than-expected domestic producer inflation figures. Picture: JPY losing strength against USD, as observed on the VT Markets app. Data revealed that producer prices in Japan jumped 2.4% year-on-year in May 2024, accelerating from an upwardly revised 1.1% gain inContinue Reading