About: anakin
Recent Posts by anakin
Gold rises due to rate cut speculation and economic data
Key points: 10th May 2024 – On Friday, spot gold experienced a slight increase of 0.1% to $2,347.98 per ounce, contributing to a 2% rise over the week. SEE: Gold sees slight upward rise on the VT Markets trading app. This upward movement is closely tied to traders’ adjusted expectations for an interest rate cut fromContinue Reading
Written on May 10, 2024 at 2:49 am
Categories: Today's Analysis
Tags: Gold, Precious Metals
How the Federal Reserve can influence your next latte
Interest rates matter more than you think. Learn how the Fed’s policies can affect commodity prices. Imagine starting your day with a warm, inviting latte. As you savor the rich aroma and creamy texture, you’re unwittingly experiencing the end result of complex global forces at play. But what exactly is in a cup of joe?Continue Reading
Written on May 10, 2024 at 1:50 am
Categories: Learn
Tags: Commodities
Notification of Server Upgrade – May 9, 2024
Dear Client, As part of our commitment to provide the most reliable service to our clients, there will be server maintenance this weekend. Maintenance Hours : 11th of May 2024 (Saturday) 18:00 – 24:00 (GMT+3) Please note that the following aspects might be affected during the maintenance: 1. The price quote and trading management willContinue Reading
Written on May 9, 2024 at 9:07 am
Categories: Notifications
Dividend Adjustment Notice – May 9, 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 9, 2024 at 8:45 am
Categories: Dividend
China sees swings on iron and steel
Key Points: On Thursday, iron ore and steel product prices in China experienced a decline, primarily influenced by reduced demand following the Labour Day holiday. Iron sees decline in May The most-traded September iron ore on China’s Dalian Commodity Exchange was down by 0.6%, trading at 874.50 yuan ($121.06) per metric tonne. In contrast, theContinue Reading
Written on May 9, 2024 at 8:31 am
Categories: Today's Analysis
Tags: Commodities
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