About: anakin
Recent Posts by anakin
More bearish momentum for crude oil
Key Points: This article is a follow-up to: Why crude oil futures may continue their spiral downwards in May Both Brent and WTI crude futures experienced significant declines. Brent crude futures (Symbol: UKOUSDft-E) fell toward $81 per barrel, while WTI crude futures dropped to $76 per barrel (Symbol: CL-OIL), continuing their respective four-session losing streaks. Continue Reading
Written on May 23, 2024 at 9:27 am
Categories: Today's Analysis
Tags: Oil
Dividend Adjustment Notice – May 23, 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
Written on May 23, 2024 at 9:16 am
Categories: Dividend
Pound holds steady following election announcement, inflation data
Key points: The British pound held its ground on Thursday, remaining close to multi-month highs, a day after Prime Minister Rishi Sunak announced a national election and new data revealed that inflation in April slowed less than anticipated. Sterling holds steady despite persistent UK inflation concerns Sterling was steady against the dollar at $1.2722, slightlyContinue Reading
Written on May 23, 2024 at 9:14 am
Categories: Today's Analysis
Tags: Forex, Pound
Gold prices see dip on hawkish Fed minutes
Key points Gold prices fell for a third consecutive session on Thursday following the release of the latest Federal Reserve minutes, which suggested some officials were inclined towards raising interest rates. Market reaction after FOMC Picture: The downside prevails for gold prices as seen in the VT Markets app. Gold is typically seen as anContinue Reading
Written on May 23, 2024 at 8:33 am
Categories: Today's Analysis
Tags: Gold, Precious Metals
US Fed officials tentative on interest rate adjustments with concerns on inflation
Key Points: The US dollar index gained strength following hawkish comments in the minutes from the last FOMC meeting on Wednesday. The minutes revealed that Fed officials are open to raising interest rates again if inflation does not cool off further. Picture: The US Dollar Index showing some strength, as observed on the VT MarketsContinue Reading
Written on May 23, 2024 at 6:24 am
Categories: Today's Analysis
Tags: Dollar, Forex
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