Monthly Archives: June 2024
Dividend Adjustment Notice – June 12,2024
Written on June 12, 2024 at 6:56 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
Tesla (TSLA) stock falls while market gains
Written on June 12, 2024 at 5:48 am, by anakin
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 anakin
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 anakin
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 anakin
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 anakin
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 anakin
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 anakin
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 anakin
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 anakin
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