Monthly Archives: August 2024

Gold prices hold steady ahead of key US inflation data 

Written on August 12, 2024 at 9:24 am, by

Gold prices remained stable as traders await crucial US inflation data this week, which could impact the Federal Reserve’s upcoming interest rate decision.

Dividend Adjustment Notice – Aug 12,2024

Written on August 12, 2024 at 7:34 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 more Continue Reading

Rupee holds near record low despite positive Asian market cues

Written on August 9, 2024 at 7:59 am, by

Key Points This is a follow up article to: Rupee may drop to near 84/USD The Indian rupee has a relatively unchanged opening on Friday, hovering near its all-time low despite the positive sentiment seen across Asian markets.  Picture: USDINR price at record low despite positive asian market cues, as observed on the VT Markets Continue Reading

Dividend Adjustment Notice – Aug 9,2024

Written on August 9, 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 more Continue Reading

NZDUSD holds gains as rate cut bets ease after positive employment data

Written on August 9, 2024 at 7:37 am, by

Key Points The New Zealand dollar (Symbol: NZDUSD) maintained its position, staying close to a two-week high reached in the previous session. This stability comes on the back of mixed domestic economic data and external influences from a softer US dollar Picture: NZDUSD trades near a two-week high after positive employment data, as observed on Continue Reading

Oil prices tick up on sharp fall in US crude oil inventories 

Written on August 8, 2024 at 9:44 am, by

Oil prices edged higher after a significant drop in US crude inventories, rebounding from multi-month lows. Learn more about the factors influencing the oil market.

Dividend Adjustment Notice – Aug 8,2024

Written on August 8, 2024 at 7:51 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 more Continue Reading

GBPUSD slides toward double bottom as BoE rate cut hits 

Written on August 8, 2024 at 6:43 am, by

GBPUSD forming potential double bottom after the rate cut decision from the BoE. Explore market impacts and short-term trading opportunities in the British pound.

Gold edges up on improved Fed rate cut expectations and Mideast tensions

Written on August 8, 2024 at 3:43 am, by

Key points Spot gold prices rose 0.3% to $2,387.37 per ounce as of 0157 GMT. Meanwhile, U.S. gold futures dipped by 0.3% to $2,426.00 per ounce. These movements reflect market anticipation of an interest rate cut by the U.S. Federal Reserve, with a 72% probability of a 50 basis points cut in September, up from Continue Reading

Soybeans climb on bargain-buying support; corn and wheat also gain

Written on August 8, 2024 at 3:32 am, by

Chicago soybeans gained 0.2%, reaching $10.20-1/4 a bushel as of 0025 GMT, marking their first rise in three sessions. Corn futures edged up by 0.1% to $4.01 a bushel, and wheat inched higher by 0.1% to $5.38-3/4 a bushel.

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