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Dividend Adjustment Notice – July 11,2024

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

Aussie strengthens against the Kiwi and Yen amidst diverging rate outlooks

The Australian dollar (AUDUSD) stood strong at NZ$1.1080, close to a 20-month high of $1.1017 reached on Wednesday. This strength followed the Reserve Bank of New Zealand’s (RBNZ) unexpected signal of potential rate cuts.

Wheat, corn, and soybeans steady after US crop conditions improve

Key points Chicago wheat, corn, and soybean futures showed a slight rise early on Thursday, stabilising after recent losses. This shift comes as the market digests favourable U.S. crop conditions, hinting at a balanced outlook for these key agricultural commodities. Wheat and corn recover slightly on better crop prospects See: Wheat shows slight recovery, tradingContinue Reading

Chinese yuan hits eight-month low with missed inflation data and US dollar rebound 

CNH slid to an eight-month low against the US dollar due to weak inflation data and a rebound of the greenback. Read about the market implications and outlook.

Oil drops as US Gulf supply worries ease and China inflation weakens

Key points: Oil prices dipped on Wednesday as the impact from Hurricane Beryl dissipated and inflation data highlighted persistently weak consumer demand in top crude importer China. Picture: Oil prices decline as seen on the VT Markets app. Brent and WTI crude prices fall as US gulf supply concerns ease As of 0632 GMT, BrentContinue Reading

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