Monthly Archives: July 2024
Dividend Adjustment Notice – July 15,2024
Written on July 15, 2024 at 7:46 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
Asian currencies face challenges as markets react to Trump attack fallout
Written on July 15, 2024 at 7:15 am, by anakin
The dollar index (DXY) last traded at 104.210 against a basket of major currencies. Despite the holiday in Japan halting cash U.S. Treasuries trading, the 10-year Treasury futures trended lower.
US Dollar retreats on cooling inflation data, Euro and Pound surge
Written on July 15, 2024 at 7:06 am, by anakin
US dollar retreats as cooling inflation fuels rate cut speculation. Euro and pound surge while volatility spikes for yen. More about the market implications and forecasts.
Nasdaq and tech stocks plunge as inflation data spurs sell-off
Written on July 15, 2024 at 7:02 am, by anakin
Tech stocks tumbled, leading the Nasdaq Composite to drop 2% as easing inflation data spurred a sell-off. Tech giants lost over $600 billion valuation.
Gold slips as dollar strengthens; investors await Fed rate signals
Written on July 15, 2024 at 6:53 am, by anakin
Spot gold prices decreased by 0.2% to $2,407.29 per ounce as of 0049 GMT. Concurrently, U.S. gold futures saw a 0.4% decline to $2,411.20. Learn how the firming dollar, spurred by political uncertainties and an attack on U.S. presidential candidate Donald Trump, made gold more expensive for buyers holding other currencies.
Mexican peso strengthens as Banxico maintains cautious stance in rising inflation
Written on July 12, 2024 at 7:03 am, by anakin
The Mexican peso rebounded against a weaker US dollar and the cautious stance on inflation by Banxico. Read more about the market implications and forecasts.
Dividend Adjustment Notice – July 12,2024
Written on July 12, 2024 at 7:01 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 fluctuates with intervention talks; Asian shares on track for weekly gain
Written on July 12, 2024 at 6:04 am, by anakin
The yen experienced significant swings on Friday, reflecting investor nervousness after Tokyo likely intervened to support the Japanese currency following a cooler-than-expected U.S. inflation report. Learn what to expect for the Yen in coming weeks.
USDSGD rises as US political uncertainty and election speculations heat up
Written on July 12, 2024 at 5:58 am, by anakin
USDSGD edges higher as speculation about Donald Trump’s potential election victory boosts the US dollar. Learn how political developments are impacting the market.
Aussie hits six-month high, kiwi drops on U.S. rate cut speculation
Written on July 12, 2024 at 3:53 am, by anakin
Key points: The Australian dollar held near six-month peaks on Friday, driven by market speculation around potential U.S. rate cuts. In contrast, the New Zealand dollar experienced significant declines due to expectations of steeper cuts domestically. Aussie gains, Kiwi struggles See: Aussie on the rise as seen on the VT Markets app. The Aussie stoodContinue Reading