Monthly Archives: July 2024
Notification of Server Upgrade and VT APP update – July 19,2024
Written on July 19, 2024 at 1:13 am, by anakin
Dear Client, As part of our commitment to provide the most reliable service to our clients, there will be server maintenance and VT Markets APP this weekend. MT5 Maintenance Hours: July 20th, 2024 (Saturday) 02:00 – 05:00 VT Markets APP Social Trading Maintenance: July 20th, 2024 (Saturday) 02:00 – 05:00 & 08:00 – 15:00 The Continue Reading
Dividend Adjustment Notice – July 18,2024
Written on July 18, 2024 at 8:10 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 more Continue Reading
AUD directionless after mixed jobs report & rate hike uncertainty
Written on July 18, 2024 at 7:28 am, by anakin
AUD remains steady as mixed employment data clouds the outlook for a rate hike. Read how external factors and central bank actions influence trading opportunities.
Gold prices rise in anticipation of Fed rate cut and economic uncertainty
Written on July 18, 2024 at 6:57 am, by anakin
Gold prices near record highs as anticipation of a US Fed rate cut boosts demand. Find out more about the factors driving the surge in gold.
Japan’s Nikkei drops 2% on global chip sell-off and surging yen
Written on July 18, 2024 at 6:25 am, by anakin
Japan’s Nikkei share average fell sharply on Thursday, driven by a global sell-off in chip-related stocks and a strengthening yen. See why the Nikkei (NI225) dropped 2% to 40,277.86 by the midday break, dipping earlier to 40,112.56, the lowest since July 2.
Yen soars, investors spooked by intervention fears
Written on July 18, 2024 at 5:38 am, by anakin
Japan’s yen surged to a six-week high on Thursday, sparking rumours of official intervention. Learn how the dollar experienced broad losses as markets anticipate U.S. rate cuts in the near future.
Dividend Adjustment Notice – July 17,2024
Written on July 17, 2024 at 8:18 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 more Continue Reading
Oil prices finding a balance between slowing demand and tightening supply
Written on July 17, 2024 at 7:15 am, by anakin
Key Points: Oil prices remained steady reflecting a balance between declining demand growth and tightening supply. Global benchmark Brent crude oil (Symbol: UKOUSD) dropped slightly to $83.62 a barrel. Similarly, US West Texas Intermediate (WTI) crude (Symbol: USOUSD) also fell to $80.65 a barrel. Picture: Oil prices steady as market faces conflicting influences, as observed Continue Reading
Japan likely conducting intervention to defend the yen
Written on July 17, 2024 at 7:02 am, by anakin
Key Points: This article is a follow up to: Yen fluctuates with intervention talks Japan appears to have intervened in the foreign exchange market to defend the yen on Friday, according to calculations based on data from the Bank of Japan (BoJ) and private money brokers. The daily projection of BoJ released on Tuesday indicated Continue Reading
NZ dollar rises despite rate cut expectations and high inflation
Written on July 17, 2024 at 5:58 am, by anakin
Key points: The New Zealand dollar strengthened on Wednesday as domestically-driven inflation remained high, though headline figures eased to a three-year low. Despite this, markets continue to expect around three rate cuts by the end of the year. See: Kiwi on the rise, trading at 0.60744 as seen on the VT Markets app. New Zealand’s Continue Reading
