The USDJPY pair continues its upward trajectory as the dollar gains strength, despite flatlining inflation data. -vtmarkets.com
he S&P 500 ended August with a 3.7% gain despite volatility, as markets now look ahead to the Federal Reserve’s rate decision in September. -vtmarkets.com
Chicago wheat futures edged higher on Tuesday, marking the fifth consecutive day of gains. The driving force behind this rally is the poor production outlook in Europe, which has helped lift wheat prices from nearly four-year lows. -vtmarkets.com
The U.S. dollar stayed firm near a two-week high against the yen and euro on Tuesday, reflecting cautious investor sentiment ahead of an influx of economic data, including Friday’s highly anticipated U.S. payrolls report. -vtmarkets.com
Key Points: The Dow Jones Industrial Average closed at a new record high, its 25th of the year, as investors shifted focus to traditional “real-economy” stocks. Disappointing earnings from Nvidia and broader tech weakness caused the Nasdaq Composite to close …
Oil prices continued their decline as weak economic data from China and the prospect of increased OPEC+ production in October raised concerns over future demand and supply dynamics -vtmarkets.com
The dollar extended its gains on Monday, reaching a two-week high against the euro as traders scaled back their expectations for aggressive policy easing by the Federal Reserve. With a key U.S. jobs report scheduled for release later this week, …
Gold prices held steady on Monday after a 1% decline in the previous session, as recent U.S. inflation data pointed to a smaller-than-expected interest rate cut by the Federal Reserve this month. The precious metal, often seen as a hedge …
Gold prices (Symbol: XAUUSD) are showing resilience, poised to log their second consecutive monthly gain as market sentiment remains buoyant on the back of potential U.S. interest rate cuts. Spot gold was trading slightly lower at $2,517.91 per ounce, but …
Copper prices (Symbol: Copper-C) climbed to $4.21 per pound, marking a crucial recovery and positioning the orange metal for its first monthly gain since May 2024, with a modest 0.5% increase so far in August 2024. -vtmarkets.com
