Monthly Archives: July 2024
Dividend Adjustment Notice – July 26,2024
Written on July 26, 2024 at 7:27 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
US GDP growth boosts crude oil demand despite Asian challenges
Written on July 26, 2024 at 2:14 am, by anakin
Brent crude futures for September increased by 7 cents, reaching $82.44 per barrel as of 0014 GMT. Similarly, US West Texas Intermediate (WTI) crude for September rose by 4 cents, hitting $78.32 per barrel.
Product Adjustment on Leverage – July 25,2024
Written on July 25, 2024 at 8:41 am, by anakin
Dear Client, To provide a more favorable trading environment for our clients, VT Markets will have leverage adjustment for certain products on July 29, 2024. Please check the details below: The above data is for reference only, please refer to the MT5 platforms for the updated data. Friendly reminders: 1. All product settings stay theContinue Reading
US dollar gains momentum as euro dips below its weekly peak
Written on July 25, 2024 at 8:20 am, by anakin
Key points: The EURUSD pair moved lower as technical traders took control in a week lacking major economic news. The euro dipped below $1.0850, extending its decline from the $1.09 level. This marks the second consecutive day of negative performance for the pair, which is now down approximately 100 pips from its mid-July peak ofContinue Reading
Tesla stock drops as Q2 profits halve
Written on July 25, 2024 at 8:04 am, by anakin
Tesla stock falls following Q2 earnings miss. CEO Elon Musk forecasts a $5 trillion valuation with robotaxis. Read more for market implication.
Gold falls as investors wait for U.S. economic data
Written on July 25, 2024 at 7:58 am, by anakin
Gold prices fell nearly 1% on Thursday as investors took profits ahead of key U.S. economic data. Spot gold dropped 0.9% to $2,377.29 per ounce by 0217 GMT, while U.S. gold futures declined 1.6% to $2,376.70.
Dividend Adjustment Notice – July 25,2024
Written on July 25, 2024 at 7:35 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
Yen climbs as investors pull back from risky trades
Written on July 25, 2024 at 5:50 am, by anakin
Key points On Thursday, the yen experienced a rise, drawing support from the unwinding of carry trades ahead of the Bank of Japan’s (BOJ) policy meeting next week. This comes as a rotation out of megacap growth stocks dampened risk appetite broadly, providing safe haven bids for the Japanese currency. Yen surges amid BOJ rateContinue Reading
Copper prices slide on China demand concerns
Written on July 24, 2024 at 9:45 am, by anakin
Copper prices fell low as physical demand in China weakens. Some market optimism remained due to the prospect of infrastructure and renewable energy investments.
S&P 500 rebounds as tech shares lead market recovery
Written on July 24, 2024 at 9:38 am, by anakin
The S&P 500 rallied with tech shares like Nvidia surging. Biden’s decision not to seek re-election adds volatility. Read more on the latest market trends and forecasts.
