About: anakin
Recent Posts by anakin
Gold prices climb on speculation of Federal Reserve rate cut
Key points: Gold prices rose for the second consecutive session on Tuesday. This increase comes as traders grow increasingly optimistic about a potential Federal Reserve rate cut later this year. Spot gold was up 0.2% at $2,327.11 per ounce early this morning, while U.S. gold futures also saw a 0.2% rise to $2,336.20. Picture: GoldContinue Reading
Written on May 7, 2024 at 3:35 am
Categories: Today's Analysis
Tags: Gold, Precious Metals
Optimism fuels global stocks, Yen weakness persists
Key points: Global stock markets experienced a significant rally on Monday, driven by the anticipation that major central banks might implement rate cuts later this year. This sentiment was further bolstered by a softer-than-expected U.S. labor market report last Friday, prompting traders to anticipate potential easing of monetary policy by the Federal Reserve as earlyContinue Reading
Written on May 7, 2024 at 2:04 am
Categories: Today's Analysis
Tags: Oil
Shanghai copper falls on first trading session after holiday
Key points: Shanghai copper prices fell on Monday tracking losses in London, amid a firmer dollar and a lack of clear demand improvement from the troubled Chinese property market. Picture: Copper prices see a decline on VT Markets app. Post-holiday copper prices dip In the first trading session after the holiday, the most-traded June copperContinue Reading
Written on May 6, 2024 at 10:13 am
Categories: Today's Analysis
Tags: Copper, Precious Metals
Dividend Adjustment Notice – May 6, 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 6, 2024 at 8:59 am
Categories: Dividend
Euro Zone Bond Yields drop following U.S. economic data
6th May 2024 Key points: On Monday, bond yields in the euro zone saw a decrease. This movement in the bond market was largely due to new U.S. economic data that led traders to believe the Federal Reserve might cut rates twice in 2024. SEE: The euro 10-year bond yield sees a significant dip onContinue Reading
Written on May 6, 2024 at 8:53 am
Categories: Today's Analysis
Tags: Bonds
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