Monthly Archives: June 2024

Dividend Adjustment Notice – June 12,2024

Written on June 12, 2024 at 6:56 am, by

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

Tesla (TSLA) stock falls while market gains

Written on June 12, 2024 at 5:48 am, by

Key points: Tesla’s stock ended the latest trading session at $170.66, down 1.8% from the previous day’s close. This decline occurred despite the S&P 500 gaining 0.27% and the Nasdaq rising by 0.88%. Meanwhile, the Dow Jones Industrial Average experienced a loss of 0.31%. Tesla’s performance relative to sector and market Picture: Tesla in theContinue Reading

Wheat rises on Russian weather concerns; Corn declines

Written on June 12, 2024 at 5:39 am, by

Key points: Chicago wheat futures extended their climb on Wednesday, adding to the previous session’s strong gains. The market responded to expectations of further weather-induced damage to Russian crops, pushing prices higher. As of 0012 GMT, the most-active wheat contract on the Chicago Board of Trade (CBOT) (ZW1!) was up 0.1%, trading at $6.27 aContinue Reading

Major, Minors, and Exotics: A comprehensive guide on currency pairs

Written on June 12, 2024 at 3:25 am, by

Explore the world of Forex trading by understanding the major, minor, and exotic currency pairs, their characteristics, and how economic factors influence them. Discover trading strategies tailored to your style with VT Markets.

Rankia Webinar

Written on June 12, 2024 at 1:35 am, by

Join us for an informative webinar on Wednesday, 26 June, 7 pm (GMT -6)! Discover the newest techniques and trends in “7 Fundamental Principles of Forex and CFD Trading. ” with our knowledgeable representative, Julio Cesar Vásquez Pimentel. He will provide you with insightful advice to assist you successfully navigate the financial markets. This isContinue Reading

Weaker Chinese yuan (CNY) pressures base metals as high inventories weigh on copper 

Written on June 11, 2024 at 9:43 am, by

Key points:  Base metals experienced declines on Tuesday, driven by a combination of a weaker Chinese yuan (CNY) and high physical inventories. The depreciation of Chinese yuan against the US dollar reaching its lowest in nearly seven months, reduced the purchasing power of Chinese buyers. This, coupled with weak demand, exerted pressure on metals likeContinue Reading

Gold prices tumble against strong US jobs data and rate cut uncertainty 

Written on June 11, 2024 at 8:45 am, by

Key points:  Gold prices continued to tumble, weighed down by stronger-than-expected US nonfarm payrolls data. The yellow metal saw an observable drop, moving from $2,390 to $2,290 per ounce.   The image above shows the how gold is under pressure, as observed on the VT Markets app.  The nonfarm payrolls report for May revealed a substantialContinue Reading

Asian assets cautious ahead of US CPI data and Fed meeting

Written on June 11, 2024 at 8:39 am, by

Key points: Emerging Asian markets were finely balanced on Tuesday as traders awaited the release of U.S. inflation data and the Federal Reserve’s policy meeting, which are set to influence future rate expectations. The Fed’s next policy decision, expected on Wednesday, is anticipated to result in policy rates remaining steady for the seventh consecutive meeting.Continue Reading

Aussie and kiwi weaken as U.S. risk events loom

Written on June 11, 2024 at 8:29 am, by

Key points: The Australian and New Zealand dollars faced pressure on Tuesday as traders prepared for the Federal Reserve policy meeting and U.S. inflation data. Bond markets lengthened the odds of early rate cuts at home, adding to the cautious sentiment. Aussie dollar dips on weak Chinese Yuan Picture: Aussie slumps as seen on theContinue Reading

Product Adjustment on Contract Size – June 11,2024

Written on June 11, 2024 at 8:14 am, by

Dear Client, To provide a favorable trading environment to our clients, VT Markets will have contract size adjustment for certain products on June 15, 2024: The above information is provided for reference only; please refer to the MT4/MT5 software for specific data. Friendly reminders: 1. The trading volume of the above products will be adjustedContinue Reading

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