Monthly Archives: September 2024
Gold prices silences as markets await key Fed decision on rate cuts
Written on September 9, 2024 at 9:28 am, by anakin
Key Points: Gold prices (Symbol: XAUUSD) held near $2,500 per ounce as markets turned to speculate on the Fed’s upcoming interest rate decision, after the U.S. labour market presented a complex picture for investors. Picture: XAUUSD prices silenced as markets await the Fed’s interest rate decision, as observed on the VT Markets app. U.S. economicContinue Reading
Oil prices rebound as U.S. Gulf coast braces for hurricane
Written on September 9, 2024 at 9:11 am, by anakin
Key Points: Oil prices made a sharp recovery as the threat of a hurricane in the U.S. Gulf Coast sparked concerns over potential supply disruptions. West Texas Intermediate (WTI) oil prices (Symbol: USOUSD) rose to $68.39 per barrel, while Brent crude oil prices (Symbol: UKOUSD) increased to $71.77 per barrel. Picture: Oil prices increase asContinue Reading
Share Split Notification (CTAS) – Sep 9,2024
Written on September 9, 2024 at 8:53 am, by anakin
Dear Client, Shares product CTAS is about to conduct a share split after the market closes on September 11, 2024. Starting from the market opening on September 12, 2024, CTAS expects to provide investor trading in divided contracts. After the share split, please be aware of the following: 1. The trading volume of CTAS openContinue Reading
Dividend Adjustment Notice – Sep 09,2024
Written on September 9, 2024 at 8:11 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
Japan’s Nikkei drops 3% as tech stocks track Wall Street’s decline
Written on September 9, 2024 at 2:59 am, by anakin
Key points: Japan’s Nikkei 225 index dropped 3.02% on Monday, falling to 35,292.62 as of 0050 GMT, dragged down by technology and financial stocks. The drop followed a similar sharp decline on Wall Street, where tech stocks had experienced broad sell-offs. This marks the first time since August 13 that the Nikkei has broken belowContinue Reading
Dollar holds steady while yen slips amid ongoing Fed rate-cut debate
Written on September 9, 2024 at 2:52 am, by anakin
Key points: The dollar held steady on Monday as investors remained uncertain about the size of an anticipated Federal Reserve rate cut this month. Meanwhile, the yen lost some ground after last week’s rise, reflecting a pullback in risk aversion. Friday’s US jobs report added to the ambiguity in the market. Although the report revealedContinue Reading
NZDUSD holds steady as U.S. jobs data looms
Written on September 6, 2024 at 8:29 am, by anakin
Key Points: The New Zealand dollar (Symbol: NZDUSD) remained stable at $0.6221 after a week of minor losses. Picture: NZDUSD price steady as US jobs data looms, as observed on the VT Markets app. The markets are now focusing on the upcoming U.S. jobs data to gain insights into recession risks and the potential paceContinue Reading
Rupee hovering at weak levels as dollar struggles before key U.S. jobs data
Written on September 6, 2024 at 8:13 am, by anakin
Key Points: The Indian rupee (Symbol: USDINR) is poised to remain near its weakest level of 84 against the U.S. dollar as markets await crucial U.S. jobs data, which could shape the Federal Reserve’s interest rate decision at its upcoming September meeting. Picture: USDINR hovering near its record low, as observed on the VT MarketsContinue Reading
Dividend Adjustment Notice – Sep 06,2024
Written on September 6, 2024 at 7:22 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
Wheat and soybean retreat as supply issues loom
Written on September 6, 2024 at 3:55 am, by anakin
Key Points: This is a follow up article to: Wheat rises for the fifth consecutive day due to European production issues Wheat (Symbol: Wheat-C) and soybean (Symbol: Soybean-C) prices saw slight pullbacks after a speculative-driven short-covering rally lifted prices off their recent lows. Despite this breather, both contracts hovered near multi-week highs, with supply concernsContinue Reading