Monthly Archives: September 2024

Dividend Adjustment Notice – Sep 13,2024

Written on September 13, 2024 at 7:36 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

Rupee poised to strengthen as traders anticipate larger Fed rate cut

Written on September 13, 2024 at 3:55 am, by

The Indian rupee looks likely to gain momentum after media reports, including those from the Financial Times and Wall Street Journal, indicated that next week’s Federal Reserve decision might involve a larger-than-expected rate cut. -vtmarkets.com

Traders bet on Fed’s next move, weakening the dollar

Written on September 13, 2024 at 3:27 am, by

Trader sentiment has shifted amid media reports and new economic data, hinting that the Federal Reserve might lean toward a more aggressive interest rate cut. Market participants, guided by the CME FedWatch tool, have increased their expectations for a 50-basis-point cut, now pricing in a 43% chance, up from 27% just a day earlier. -vtmarkets.com

Notification of Server Upgrade – Sep 12,2024

Written on September 12, 2024 at 9:39 am, by

Dear Client, As part of our commitment to provide the most reliable service to our clients, there will be MT4 & MT5 server maintenance this weekend. MT4 & MT5 Maintenance Hours: 14th of September 2024 (Saturday) 10:00 – 14:00 (GMT+3) Please note that the following aspects might be affected during the maintenance: 1. The priceContinue Reading

Dividend Adjustment Notice – Sep 12,2024

Written on September 12, 2024 at 9:18 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

Gold inches higher as investors eye US data for rate cues

Written on September 12, 2024 at 9:08 am, by

Gold prices rise as traders await key U.S. economic data to gauge the Federal Reserve’s next rate cut decision. Markets expect a 25-basis-point cut. -vtmarkets.com

Dollar firms up as market bets on smaller Fed rate cut

Written on September 12, 2024 at 8:55 am, by

The dollar fueled by smaller Fed rate cut bets following U.S. inflation data. Markets now expect a 25-bps cut, while political factors create added uncertainty for the greenback. -vtmarkets.com

Oil prices remain steady amid mixed demand signals and U.S. hurricane effects

Written on September 12, 2024 at 4:50 am, by

Oil prices remained relatively flat on Thursday, as signs of weakening demand across key economies outweighed the potential supply disruptions caused by U.S. hurricanes.

While such storms usually prompt concerns over reduced oil output, the market is seeing conflicting signals, particularly as energy consumption trends lower in several regions.-vtmarkets.com

Australian and New Zealand dollars hold ground as risk sentiment stabilises

Written on September 12, 2024 at 4:21 am, by

The Australian and New Zealand dollars saw a lift on Thursday, as a rebound in global stock markets and the anticipation of a European Central Bank (ECB) rate cut helped stabilise risk sentiment. -vtmarkets.com

Offshore yuan rebounds as Trump’s election prospects decline

Written on September 11, 2024 at 9:27 am, by

Offshore yuan rebounds past 7.11 per dollar as Donald Trump’s chances of winning the U.S. presidency decline, reducing tariff threats. Traders now focus on U.S. inflation and key Chinese economic data. -vtmarkets.com

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