Monthly Archives: July 2024

Japanese authorities signal potential intervention in the face of weak yen 

Written on July 1, 2024 at 7:28 am, by

The US dollar dipped after inflation data signaled potential Fed rate cuts. Key economic reports next week, including nonfarm payrolls, will guide market expectations.

US dollar slips as inflation data points to rate cuts 

Written on July 1, 2024 at 7:15 am, by

Key points:  This article is a follow up to: US dollar bullish in anticipation of the PCE inflation data release  The US dollar index (Symbol: USDX) fell slightly after the latest inflation data suggested a decline in price pressures, reinforcing expectations that the Federal Reserve may start cutting interest rates this year. The personal consumptionContinue Reading

Dividend Adjustment Notice – July 1,2024

Written on July 1, 2024 at 7:13 am, by

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

Gold holds steady as slowing inflation bolsters expectations of Fed rate cuts

Written on July 1, 2024 at 6:45 am, by

Key points Gold prices held steady on Monday after data showed U.S. inflation subsided, bolstering hopes that the Federal Reserve will start cutting interest rates this year. Picture: Gold on the rise, trading at 2325.10 as seen on the VT Markets app. Spot gold rose 0.1% to $2,327.12 per ounce, as of 0202 GMT. PricesContinue Reading

Euro climbs following France’s first-round vote, yen falters

Written on July 1, 2024 at 6:40 am, by

Key points: On Monday, the euro rose following the first round of France’s snap election, which put Marine Le Pen’s far-right National Rally (RN) party in the lead. However, the margin was smaller than initially projected. This development came as a relief to markets concerned about potential expansionary and unsustainable fiscal policies from a strongerContinue Reading

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