Monthly Archives: October 2022
BoE to end its support of the Gilt Market
Written on October 12, 2022 at 12:50 am, by anakin
U.S. equities edged lower throughout yesterday’s trading. The Dow Jones Industrial Average, however, was able to edge slightly higher by 0.12% to close at 29239.19. The S&P 500 lost 0.65% to close at 3588.84. The tech-heavy Nasdaq Composite retreated 1.1% to close at 10426.19. The risk-off sentiment was driven by comments from BoE governor AndrewContinue Reading
Washington to restrict China’s access to US technology
Written on October 11, 2022 at 1:29 am, by anakin
U.S. equities fell for the fourth straight day as growth fears and geopolitical risks weigh on market sentiment. The Dow Jones Industrial Average lost 0.32% to close at 29202.88. The S&P 500 shed 0.75% to close at 3612.39. The tech-heavy Nasdaq Composite dropped 1.04% to close at 100542.1. Washington’s decision to further restrict China’s accessContinue Reading
US Unemployment and Payroll data surprised the Market
Written on October 10, 2022 at 12:40 am, by anakin
U.S. equities ended the week with a sharp drop throughout last Friday’s trading. The Dow Jones Industrial Average dropped 630 points to close at 29296.79. The S&P 500 slid 2.8% to close at 3639.66. The tech-heavy Nasdaq composite lost 3.8% to close at 10652.4. U.S. equities fell as the unemployment rate and payrolls jumped aboveContinue Reading
Week Ahead: US Data to Focus on CPI, PPI, Retail Sales, and Consumer Sentiment
Written on October 10, 2022 at 12:08 am, by anakin
The US will release several key data items this week, including the inflation data reflected in the Consumer Price Index, the producer price index, and retail sales data. The preliminary consumer sentiment data reported by the University of Michigan and the minutes from the Federal Open Market Committee will also be released. Meanwhile, the UKContinue Reading
US Jobless Claims higher, Market waits for NFP
Written on October 7, 2022 at 1:56 am, by anakin
U.S. equities traded lower throughout yesterday’s trading. The Dow Jones Industrial Average slipped 1.15% to close at 29926.94. The S&P 500 dropped 1.02% to close at 3744.52. The tech-heavy Nasdaq Composite edged 0.68% lower to close at 11073.31. Learn more about Indices with VT Markets U.S. initial jobless claims came in at 219K, above marketContinue Reading
The Adjustment Of Weekly Dividend Notification
Written on October 6, 2022 at 8:48 am, by anakin
Dear Client, Warmly reminds you that the component stocks in the stock index spot generate dividends. When dividends are distributed, VT Markets will make dividends and deductions for the clients who hold the trading products after the close of the day before the ex-dividend date. Indices dividends will not be paid/charged as an inclusion alongContinue Reading
October Futures Rollover Announcement
Written on October 6, 2022 at 6:03 am, by anakin
Dear Client, New contracts will automatically be rolled over as follows: Please note: • The rollover will be automatic, and any existing open positions will remain open. • Positions that are open on the expiration date will be adjusted via a rollover charge or credit to reflect the price difference between the expiring and newContinue Reading
Intermediate 4: A guide to using moving average in predicting market turning points
Written on October 6, 2022 at 1:21 am, by anakin
Being a trader is not an easy job because you need to learn all the strategies necessary to help you make the right decisions on every trading day. One of these is knowing how to predict market turning points. Although the market can shift quickly, predictions will give you a better chance of getting goodContinue Reading
US Stocks declined, OPEC+ to cut oil production
Written on October 6, 2022 at 1:17 am, by anakin
U.S. equities retreated throughout yesterday’s trading. The Dow Jones Industrial Average lost 0.14% to close at 30273.87. The S&P 500 lost 0.2% to close at 3783.28. The Nasdaq composite slipped 0.25% to close at 11148.64. U.S. ADP nonfarm employment change printed 208K, beating estimates of 185K. The ISM non-manufacturing PMI came in at 56.7, lowerContinue Reading
VT Markets Bags 4 Awards From World Business Stars Magazine
Written on October 5, 2022 at 10:00 am, by anakin
Sydney, Australia, October 5, 2022 – VT Markets, an international multi-asset broker, announced today that they have won 4 awards from World Business Stars Magazine. VT Markets won in 4 categories namely Best Growing Broker Asia 2022, Best Forex Education Platform Asia 2022, Best Forex Customer Service Europe 2022, and Best Forex Mobile App GlobalContinue Reading