Monthly Archives: March 2023
US Stock Market Gains Amid Financial Stability Assurances and Rate Cut Speculation
Written on March 27, 2023 at 2:46 am, by anakin
The US stock market closed higher on Friday after regulators assured investors of financial stability, while speculation grew that policymakers will have to consider a rate cut to prevent a recession. Amid concerns over the recent failure of some US regional lenders and the near-collapse of banking giant Credit Suisse Group AG, global authorities haveContinue Reading
Week ahead: Markets to Focus on German Prelim CPI and US Core PCE Price Index
Written on March 27, 2023 at 2:45 am, by anakin
As the first quarter of 2023 draws to a close, many countries are gearing up to release some major economic data. The US is scheduled to publish its Consumer Confidence (CPI) and Core PCE Price Index reports, while Australia and Germany will be releasing their CPI data. With investors and traders globally eagerly waiting forContinue Reading
VT Markets hosts extravagant Gala to celebrate collaborative success in the South-east Asia region
Written on March 27, 2023 at 2:11 am, by anakin
Sydney, Australia, March 25, 2023 – VT Markets, a next-generation multi-asset broker, hosted their highly anticipated Gala Event in Bangkok, Thailand on 11 March, 2023. The function was held to celebrate the brokerage’s success in 2022 and to reaffirm their strong ties with key partners in the Southeast Asia region. The night was filled with mesmerisingContinue Reading
Employment Trends in Asia and Philippines Markets March 2023
Written on March 24, 2023 at 2:37 am, by anakin
The events happening in the Employment Market in Asia The March Bank Crisis and Its Potential Global Employment Impact The recent bank crises in the US and Europe are rippling worldwide. Asia, however, seems to be charting a different course, especially since the 2008 Lehman Brothers collapse. Many Asian countries have diversified their investments toContinue Reading
US Stock Market Rebounds as Traders Flock to Tech Giants Amidst Economic Uncertainty
Written on March 24, 2023 at 2:25 am, by anakin
Despite earlier losses, the US stock market made a significant recovery as traders flocked to some of the world’s largest technology firms, viewed as a reliable haven amidst economic uncertainty and market volatility. In the wake of recent banking instability, these technology stalwarts have generally outperformed other sectors. Despite Treasury Secretary Janet Yellen’s assurances toContinue Reading
Economy for the Philippines in 2023 Q1 grew by 7.1%
Written on March 23, 2023 at 8:48 am, by anakin
7.1% growth recorded in the Philippines Economy in 2023 Q1, Philippines seen as startup hotspot The Philippine economy is expected to grow by 7.1% in the first quarter, according to a report by First Metro Investment Corp. (FMIC) and University of Asia and the Pacific (UA&P) Capital Markets Research. The report cited the manufacturing sector,Continue Reading
Weekly Dividend Adjustment Notice – March 23, 2023
Written on March 23, 2023 at 8:39 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 moreContinue Reading
US Stocks Tumble After Yellen’s Remarks and Powell’s Statement
Written on March 23, 2023 at 4:48 am, by anakin
On Wednesday, the US stock market experienced a significant downturn as investors were hit with a double dose of stress. Treasury Secretary Janet Yellen’s remarks on the state of the banking system rattled bank shares, while Federal Reserve Chairman Jerome Powell dashed hopes for rate cuts shortly. This sent the financial sector into a tailspinContinue Reading
What is CFD and how can you trade CFD in the Philippines
Written on March 22, 2023 at 8:03 am, by anakin
What is CFD Trading and how does trading CFD work in the Philippines? If you’re interested in trading stocks, forex, or commodities, you may have heard of CFD trading. But what exactly is a CFD, and how can you trade it in the Philippines? In this article, we’ll explain the basics of CFD trading andContinue Reading
Potential of Currency Trading in 2023 for the Philippines
Written on March 22, 2023 at 6:33 am, by anakin
Find out the possible potential for currency trading in 2023 As global markets continue to evolve, currency trading has emerged as a vital component of the modern financial landscape. With countless opportunities for profit, currency trading has piqued the interest of investors and traders around the world. In this article, we will discuss the currentContinue Reading