Monthly Archives: September 2024

USDJPY rallies as dollar gains fresh momentum over weaker yen

Written on September 3, 2024 at 6:37 am, by

The USDJPY pair continues its upward trajectory as the dollar gains strength, despite flatlining inflation data. -vtmarkets.com

S&P 500 wraps up August gains as rate cut decision looms

Written on September 3, 2024 at 6:28 am, by

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

Wheat rises for the fifth consecutive day due to European production issues

Written on September 3, 2024 at 3:39 am, by

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

Dollar holds steady as markets anticipate U.S. payrolls report

Written on September 3, 2024 at 3:08 am, by

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

Dow Jones hits new record while tech stocks weigh on Nasdaq

Written on September 2, 2024 at 10:10 am, by

Key Points: The Dow Jones Industrial Average (Symbol: DJ30) continued its impressive run, notching its 25th record close of the year as it climbed to 41,335.63. This marked a significant contrast to the tech-heavy Nasdaq Composite (Symbol: NAS100) and the broader S&P 500 (Symbol: SP500), both of which struggled due to a pullback in technologyContinue Reading

Oil prices slide further on weak Chinese data and potential OPEC+ output increase

Written on September 2, 2024 at 9:06 am, by

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

Dividend Adjustment Notice – Sep 02,2024

Written on September 2, 2024 at 7:40 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

Dollar hits two-week high against euro ahead of US jobs data

Written on September 2, 2024 at 5:50 am, by

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, the dollar’s momentum reflects growing uncertainty over the Fed’s next steps. -vtmarkets.com

Gold steady after data suggests smaller Fed rate cut

Written on September 2, 2024 at 3:54 am, by

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 in low-interest-rate environments, faces a delicate balance as traders adjust their expectations. -vtmarkets.com

How Jerome Powell’s words could change your life

Written on September 2, 2024 at 3:15 am, by

Yes, you read that right. Jerome Powell’s words hold immense power, and if you are trading CFDs, paying attention to his speeches can be the difference between capitalising on market opportunities and watching your trades go south. -vtmarkets.com

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