Monthly Archives: August 2024
Japanese yen slips as the U.S. dollar rebounds
Written on August 27, 2024 at 7:37 am, by anakin
The Japanese yen falls back, retreating from a three-week high as the U.S. dollar regains ground. Explore the factors influencing the movement of JPY and the potential trading opportunities ahead. -vtmarkets.com
EURUSD hits a new high for the first time in 2024
Written on August 27, 2024 at 7:26 am, by anakin
The euro hits a new high for 2024 as the U.S. dollar falters following dovish remarks from the Federal Reserve. Explore the implications for forex traders and the market outlook. -vtmarkets.com
Aussie rally pauses before key inflation data release
Written on August 27, 2024 at 2:39 am, by anakin
The Australian dollar took a breather on Tuesday, holding steady at $0.6773 after retreating from its 2024 high of $0.6798. This pause comes as traders await the release of July’s domestic inflation data, which is expected to have a notable impact on the currency’s direction. -vtmarkets.com
Japan’s Nikkei falls after Wall Street’s tech stocks drop
Written on August 27, 2024 at 2:25 am, by anakin
Japan’s Nikkei index edged down 0.5% in early trading on Tuesday, hitting 37,936.68 by 0009 GMT. This decline mirrors the losses seen on Wall Street, where technology stocks led the way downward. The broader Topix index also experienced a 0.2% drop, reflecting the cautious mood in the market. -vtmarkets.com
Soybeans and corn hit lows with bumper in U.S harvests
Written on August 26, 2024 at 8:59 am, by anakin
Soybeans and corn prices dropped on Monday following forecasts of bumper U.S. harvests. Explore the implications for the agricultural market and short-term trader strategies -vt
Gold prices rise as Fed signals rate cut in September
Written on August 26, 2024 at 8:40 am, by anakin
Gold prices extended their gains as dovish signals from the Federal Reserve Chair boosted expectations for an interest rate cut in September. Discover how these developments may impact the market and traders in the short term -vtmarkets.com
Dividend Adjustment Notice – Aug 26,2024
Written on August 26, 2024 at 7:33 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
Nvidia earnings to gauge the strength of AI-driven market rally
Written on August 26, 2024 at 3:00 am, by anakin
The upcoming earnings report from Nvidia on August 28 is poised to be a critical event for the U.S. stock market, especially as the chipmaker has been a driving force behind the market’s rally throughout 2024. -vtmarkets.com
Oil prices surge as Middle East tensions rise and U.S. rate cut prospects increase
Written on August 26, 2024 at 2:35 am, by anakin
Oil prices continued to climb on Monday as escalating tensions in the Middle East sparked fears of disruptions in regional oil supplies. The conflict, centered on Gaza, saw an escalation over the weekend as Hezbollah launched hundreds of rockets and drones into Israel-vtmarkets.com
Google appoints Noam Shazeer to lead the Gemini AI project
Written on August 23, 2024 at 9:52 am, by anakin
Google appoints former Character.AI founder Noam Shazeer to co-lead its Gemini AI project. Explore the market implications and short-term trading outlook.
