Indices

27 September 2024
Dollar Drifts as Risk-Sensitive Currencies Rise on China Optimism

Traders now expect 73 basis points of easing for the remainder of the year, with CME Group’s FedWatch Tool indicating a 51% probability of another half-percentage-point cut. This cautious outlook stems from the Federal Reserve’s focus on supporting the labour …

25 September 2024
S&P 500 Hits Record High on Renewed Optimism over Rate Cuts

The S&P 500 hit new record highs as semiconductor stocks rallied and traders increased bets on further interest rate cuts. Investors now focus on upcoming economic data for insights into the Fed’s policy direction. -vtmarkets.com

24 September 2024
Nikkei Hits 3-Week High on Wall Street Gains and BOJ Dovishness

Key points: Nikkei jumps 1.5%, reaching 38,293.34, after Wall Street’s strength. BOJ’s dovish stance supports market sentiment, as chip-related stocks rally. The Nikkei climbed to a three-week high as trading resumed after a long holiday weekend in Japan. Boosted by …

20 September 2024
Japan’s Nikkei posts best week since mid-August, but yen strength caps gains

The Nikkei index surged by as much as 2.21% during early trading on Friday before paring gains later in the day, closing 1.53% higher at 37,723.91. This marks its best weekly performance in over a month, with a weekly rise …

19 September 2024
Dollar recovers following the Fed’s sharp rate cut

The U.S. dollar rallied across the board on Thursday, reversing earlier declines after the Federal Reserve delivered an aggressive half-percentage-point interest rate cut. This marked the start of a monetary easing cycle aimed at maintaining low unemployment as inflation softens. …

18 September 2024
Dow Jones hits record high as Fed rate cut decision is anticipated

Dow Jones Industrial Average hits all-time high as investors anticipate a major Fed rate cut. Markets are betting on a 50-basis-point reduction. -vtmarkets.com

13 September 2024
Traders bet on Fed’s next move, weakening the dollar

Trader sentiment has shifted amid media reports and new economic data, hinting that the Federal Reserve might lean toward a more aggressive interest rate cut. Market participants, guided by the CME FedWatch tool, have increased their expectations for a 50-basis-point …

12 September 2024
Dollar firms up as market bets on smaller Fed rate cut

The dollar fueled by smaller Fed rate cut bets following U.S. inflation data. Markets now expect a 25-bps cut, while political factors create added uncertainty for the greenback. -vtmarkets.com

3 September 2024
S&P 500 wraps up August gains as rate cut decision looms

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

2 September 2024
Dow Jones hits new record while tech stocks weigh on Nasdaq

Key Points: The Dow Jones Industrial Average closed at a new record high, its 25th of the year, as investors shifted focus to traditional “real-economy” stocks. Disappointing earnings from Nvidia and broader tech weakness caused the Nasdaq Composite to close …

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