Monthly Archives: August 2024

Dividend Adjustment Notice – Aug 20,2024

Written on August 20, 2024 at 7:24 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

Dollar hits seven-month low on rate cut expectations; Powell’s speech in spotlight

Written on August 20, 2024 at 7:01 am, by

On Tuesday, the U.S. dollar hovered near its lowest point in seven months, driven by increasing expectations that the Federal Reserve may begin cutting interest rates as soon as next month.

New Zealand dollar extends rebound on Fed rate cut expectations

Written on August 19, 2024 at 8:46 am, by

The New Zealand dollar continued its recovery, as markets anticipate upcoming Federal Reserve rate cuts. Focus shifts to the FOMC Minutes and Powell’s speech at Jackson Hole for further guidance.

Chinese yuan edges higher as the US dollar softens ahead of rate cut anticipation 

Written on August 19, 2024 at 8:35 am, by

The Chinese yuan advanced on Monday, supported by a weakening U.S. dollar as the markets anticipate upcoming Federal Reserve rate cuts. However, weak Chinese economic data may limit further gains.

Dividend Adjustment Notice – Aug 19,2024

Written on August 19, 2024 at 6:58 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

U.S. dollar steady as markets await FOMC minutes and Powell’s remarks

Written on August 19, 2024 at 2:47 am, by

The U.S. dollar struggled to gain momentum on Monday, trading within a tight range against its major peers. Investors are holding their breath as they await key events later this week that could offer new insights into the future path of U.S. interest rates.

Gold remains near a record high on optimism about US rate cuts

Written on August 19, 2024 at 2:39 am, by

Gold prices held close to record highs on Monday as growing optimism around a U.S. interest rate cut bolstered the metal’s allure. Spot gold edged 0.2% lower to $2,501.19 per ounce by 0042 GMT, just shy of Friday’s all-time high of $2,509.65.

Copper prices rise in the face of supply risks in Chilean mine 

Written on August 16, 2024 at 10:06 am, by

Copper prices poised for first weekly gain in six weeks, driven by supply concerns at the Escondida mine in Chile and positive US economic data. Learn more.

Fortune Favours the Bold: VT Markets Unveiled a New Global Partnership with Newcastle United 

Written on August 16, 2024 at 9:42 am, by

Sydney, Australia, [16 August 2024] – VT Markets, a global multi-asset broker, is proud to announce a new partnership with Newcastle United. This collaboration unites two entities that exemplify bravery, perseverance, and innovation.  “We’re proud that VT Markets views Newcastle United as the ideal partner to support and elevate its ambitious growth plans in marketsContinue Reading

Nikkei continues the rally on strong US retail sales data 

Written on August 16, 2024 at 8:34 am, by

The Japanese stock market index, Nikkei share average (Symbol: Nikkei225) climbed close to 3%, setting the stage for its best weekly performance in over four years.  

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