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Stocks Slip as Investors Await Inflation Data and Debt Limit Progress
Stocks closed lower on Tuesday as investors prepared for upcoming inflation reports and monitored progress on the U.S. debt limit. The S&P 500 and the Nasdaq Composite experienced declines of 0.46% and 0.6% respectively, while the Dow Jones Industrial Average remained relatively flat with a 0.17% decline. President Joe Biden and House Speaker Kevin McCarthyContinue Reading
Updated Leverage for US Share CFDs – May 09, 2023
Dear Client, To provide the best trading experience possible, VT Markets will modify the available leverage for US share CFDs on 15 May 2023: The above data is for reference only, please refer to the MT4/MT5 software for specific data. Friendly reminders: All specifications for US shares stay the same except leverage. As a result,Continue Reading
United States Non-Farm Payroll: What is it and why is important
What is NFP and Why is Important? The Non-Farm Payroll (NFP) report is a monthly economic release that provides insight into the employment situation in the United States. It is a highly significant economic indicator and is widely used by investors, traders, and policymakers to evaluate the health of the U.S. economy. Impact of NonfarmContinue Reading
Gross Domestic Product (GDP): Formula and how to use it
What is Gross Domestic Product (GDP) Gross Domestic Product (GDP) is a measure of the economic activity of a country. It is the total monetary value of all the goods and services produced within a country’s borders in a specific period, usually a year. GDP is often used as an indicator of a country’s economicContinue Reading
Federal Interest Rates: 5 ways they affect your money
What is the U.S Federal Interest Rates The Federal Reserve (Fed) sets the interest rates that banks charge each other for short-term loans, known as the federal funds rate. The federal funds rate is the benchmark for other interest rates, such as mortgage rates, credit card rates, and car loan rates. The Fed has twoContinue Reading
