Monthly Archives: September 2024
South Korean forex reserves climbs with rising securities
Written on September 4, 2024 at 7:52 am, by anakin
The foreign exchange reserves of South Korea increased to $415.9 billion in August, driven by higher securities holdings and a stable IMF position. USD/KRW showed relative stability despite significant shifts in reserve composition. -vtmarkets.com
Safe-haven yen rallies, Aussie sinks as U.S. payrolls test approaches
Written on September 4, 2024 at 5:57 am, by anakin
Global financial markets shifted into risk-off mode on Wednesday as the Japanese yen gained strength and risk-sensitive currencies like the Australian dollar and British sterling weakened. These movements followed a sharp sell-off in U.S. equities, driven by weaker-than-expected manufacturing data. -vtmarkets.com
Japan’s Nikkei drops to three-week low following Wall Street sell-off
Written on September 4, 2024 at 5:48 am, by anakin
On Wednesday, Japan’s Nikkei 225 index dropped to its lowest point since mid-August, reflecting global market anxiety. The index fell by 3.3% to 37,393.48 by 0134 GMT, after initially dipping 4% earlier in the session. -vtmarkets.com
Dividend Adjustment Notice – Sep 03,2024
Written on September 3, 2024 at 7:41 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
USDJPY rallies as dollar gains fresh momentum over weaker yen
Written on September 3, 2024 at 6:37 am, by anakin
The USDJPY pair continues its upward trajectory as the dollar gains strength, despite flatlining inflation data. -vtmarkets.com
S&P 500 wraps up August gains as rate cut decision looms
Written on September 3, 2024 at 6:28 am, by anakin
he S&P 500 ended August with a 3.7% gain despite volatility, as markets now look ahead to the Federal Reserve’s rate decision in September. -vtmarkets.com
Wheat rises for the fifth consecutive day due to European production issues
Written on September 3, 2024 at 3:39 am, by anakin
Chicago wheat futures edged higher on Tuesday, marking the fifth consecutive day of gains. The driving force behind this rally is the poor production outlook in Europe, which has helped lift wheat prices from nearly four-year lows. -vtmarkets.com
Dollar holds steady as markets anticipate U.S. payrolls report
Written on September 3, 2024 at 3:08 am, by anakin
The U.S. dollar stayed firm near a two-week high against the yen and euro on Tuesday, reflecting cautious investor sentiment ahead of an influx of economic data, including Friday’s highly anticipated U.S. payrolls report. -vtmarkets.com
Dow Jones hits new record while tech stocks weigh on Nasdaq
Written on September 2, 2024 at 10:10 am, by anakin
Key Points: The Dow Jones Industrial Average (Symbol: DJ30) continued its impressive run, notching its 25th record close of the year as it climbed to 41,335.63. This marked a significant contrast to the tech-heavy Nasdaq Composite (Symbol: NAS100) and the broader S&P 500 (Symbol: SP500), both of which struggled due to a pullback in technologyContinue Reading
Oil prices slide further on weak Chinese data and potential OPEC+ output increase
Written on September 2, 2024 at 9:06 am, by anakin
Oil prices continued their decline as weak economic data from China and the prospect of increased OPEC+ production in October raised concerns over future demand and supply dynamics -vtmarkets.com
