Monthly Archives: August 2024
Strong yen brings down Japan Inc’s high-flying success
Written on August 6, 2024 at 7:10 am, by anakin
In just three trading sessions, the Nikkei share average (NI225) has lost a fifth of its value. On Monday, it tumbled 12.4%, marking its second-largest decline on record and its biggest since the Black Monday crash of October 1987.
Rupee may drop to near 84/USD; RBI intervention likely
Written on August 6, 2024 at 5:44 am, by anakin
The Indian rupee is poised to weaken on Tuesday, with forecasts indicating it could reach an all-time low against the U.S. dollar. The non-deliverable forwards (NDF) market suggests that the rupee (USDINR) will open at 83.97-83.99 to the dollar, slipping past Monday’s close and lifetime low of 83.8450.
Dividend Adjustment Notice – Aug 5,2024
Written on August 5, 2024 at 9:08 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
Gold eases as profit-taking takes place, but rate-cut bets provide support
Written on August 5, 2024 at 7:48 am, by anakin
Gold prices eased as profit-taking takes place but worries about recession and rising expectations of US interest rate cuts limited its downside.
Japanese yen strengthens on BOJ rate hike speculations
Written on August 5, 2024 at 7:34 am, by anakin
The Japanese yen climbs high at 145 per dollar, driven by BOJ rate hike expectations and weak US jobs data. Explore the market implications and opportunities.
Notification of Trading Adjustment in Holiday – Aug 5, 2024
Written on August 5, 2024 at 6:59 am, by anakin
Dear Client, Affected by international holidays, the trading hours of some VT Markets products will be adjusted. Please check the following link for the affected products: Notification of Trading Adjustment in Holiday Note: The dash sign (-) indicates normal trading hours. Friendly Reminder: The above data is for reference only, please refer to the MT4/MT5 Continue Reading
Dividend Adjustment Notice – Aug 2,2024
Written on August 2, 2024 at 8:00 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
Australian and New Zealand dollars face pressure from US growth concerns
Written on August 2, 2024 at 6:36 am, by anakin
Key points: The Australian dollar remained near three-month lows on Friday. Weak U.S. data has increased fears of a sharp slowdown in the world’s largest economy, driving investors to seek safety in the yen and Swiss franc. Aussie slides to near three-month low amid carry trade unwinding Picture: Aussie declines, trading at 0.65137 on the Continue Reading
Yen and Swiss franc near highs as US slowdown fears grow; sterling dips
Written on August 2, 2024 at 6:21 am, by anakin
Key points: The Japanese yen and Swiss franc traded close to multi-month highs against the dollar on Friday. An unexpected drop in U.S. manufacturing sparked fears of an economic slowdown, causing stocks and bond yields to fall sharply. See: Japanese yen on the rise as seen on the VT Markets app. Yen and Swiss franc Continue Reading
Japanese market shakes as BOJ policy shift hits Nikkei
Written on August 1, 2024 at 10:05 am, by anakin
Thursday saw Japan’s Nikkei share average take a sharp tumble as the yen surged following the Bank of Japan’s (BOJ) historic monetary policy meeting on Wednesday.
