Monthly Archives: September 2024
Dollar Declines as China Introduces Stimulus Measures
Written on September 30, 2024 at 9:08 am, by anakin
The yen made a strong move last Friday after Shigeru Ishiba, a critic of aggressive monetary easing, won the leadership of Japan’s ruling party. The yen pushed to a one-week high of 141.75 against the dollar in the Asia session on Monday. -vtmarkets.com
Oil Prices Rise on Middle East Supply Risks and Escalating Conflict
Written on September 30, 2024 at 8:57 am, by anakin
Oil prices rise alongside Middle East tensions and fears of supply disruptions, while traders await U.S. Federal Reserve updates on potential rate cuts. -vtmarkets.com
A.I. Focus of Nvidia Boosts Stock and Earnings
Written on September 30, 2024 at 8:48 am, by anakin
A.I. focus from Nvidia drives strong earnings growth, with a 21.7% stock rally since August. Short-term volatility emerges after a small dip while traders eye support levels in the face of A.I. demand. -vtmarkets.com
Dividend Adjustment Notice – Sep 30,2024
Written on September 30, 2024 at 7:19 am, by anakin
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
Week Ahead: Ishiba to Reshape the Japanese Economy
Written on September 29, 2024 at 4:47 pm, by anakin
As Japan’s new prime minister, Shigeru Ishiba, steps into the role, markets are already reacting to the potential changes that his leadership could bring. The liberal shift in Japan’s governance signals a possible recalibration of the monetary policy approach that could impact both domestic and global markets. -vtmarkets.com
Gold Holds Steady Near Record Highs as Traders Await U.S. Inflation Data
Written on September 27, 2024 at 8:12 am, by anakin
Gold holds at record highs as markets anticipate U.S. PCE data and monitor Fed rate cut chances. Discover why traders favour gold amid geopolitical tensions and economic updates. -vtmarkets.com
Wheat Prices Fall 1% on Low Demand, Yet Post Weekly Gains
Written on September 27, 2024 at 6:36 am, by anakin
Wheat prices have displayed resilience following an extended decline from the $7.07 high to a low of $4.94. On the daily chart at vtmarkets.com, the price is now testing the 5.60 level, with the moving averages starting to level out, indicating a possible consolidation phase. The MACD is nearing the zero line, while the histogram shows weakening bearish momentum, hinting that the downtrend may be slowing down.
Dividend Adjustment Notice – Sep 27,2024
Written on September 27, 2024 at 6:34 am, by anakin
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
Dollar Drifts as Risk-Sensitive Currencies Rise on China Optimism
Written on September 27, 2024 at 6:23 am, by anakin
Traders now expect 73 basis points of easing for the remainder of the year, with CME Group’s FedWatch Tool indicating a 51% probability of another half-percentage-point cut. This cautious outlook stems from the Federal Reserve’s focus on supporting the labour market while moderating inflation risks. -vtmarkets.com
Rupee Stalls as Markets Await Cues from Powell and U.S. Inflation Data
Written on September 26, 2024 at 9:36 am, by anakin
The Indian rupee faces challenges breaking past key resistance as traders focus on Fed Chair Powell’s comments and U.S. inflation data. Discover the short-term forecast for USDINR and market implications. -vtmarkets.com
