Monthly Archives: May 2023
Modifications on Forex – May 31, 2023
Written on May 31, 2023 at 10:07 am, by anakin
Dear Client, To provide a favorable trading environment to our clients, VT Markets will modify the trading setting of TRY Crosses products on June 05, 2023; Please find the table below for more information about this modification: 1. The TRY Crosses product’s leverage will be modified from 5 : 1 to 20 : 1 2.Continue Reading
Wall Street Weighs Debt Ceiling Deal and Fed Rate Hike Concerns Amidst Dow Jones Decline
Written on May 31, 2023 at 3:18 am, by anakin
On Tuesday, the Dow Jones Industrial Average experienced a decline as investors considered the prospects of Congress passing a tentative deal to raise the U.S. debt ceiling. The index closed down 50.56 points or 0.15% at 33,042.78. Meanwhile, the S&P 500 managed to eke out a minimal gain of 0.002%, closing at 4,205.52, and theContinue Reading
Types of People Who Are Not Suitable for Forex Trading
Written on May 30, 2023 at 7:16 am, by anakin
Types Of People In Forex Trading With its potential for financial gains and market excitement, Forex trading can indeed be an enticing venture for many individuals. However, it is crucial to acknowledge that not everyone is suited for this activity. Furthermore, currency trading carries inherent risks and demands a deep understanding of the market. ThereforeContinue Reading
VT Markets Makes LATAM Breakthrough With Record Number of New Trading Accounts
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Written on May 30, 2023 at 5:11 am, by anakin
Sydney, Australia, 29 May 2023 – VT Markets, a leading online broker, today announced a record number of new trading accounts secured within the LATAM region. Following its formal entry into Latin America last year, the company has seen a rapid growth in regional clients, reflecting both the LATAM market’s burgeoning potential and the success ofContinue Reading
US Debt Ceiling Agreement Reached, Earnings Reports Awaited
Written on May 30, 2023 at 3:40 am, by anakin
On Monday, the U.K. markets were closed for a bank holiday, while U.S. markets were closed for Memorial Day. European stocks had a turbulent week, with the Stoxx 600 index hitting an eight-week low but recovering some losses on Friday due to a rally in tech stocks, driven by Nvidia’s impressive results. In the U.S.,Continue Reading
June Futures Rollover Announcement – May 30, 2023
Written on May 30, 2023 at 3:35 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
Week Ahead: Markets to Focus on US Jobs Report and Canada Gross Domestic Product
Written on May 29, 2023 at 2:00 am, by anakin
This week’s key economic indicators, including the US Jobs Report and Canada’s Gross Domestic Product, are in the spotlight for the financial sector. These fundamental reports are crucial for traders to navigate the markets and make informed decisions. Stay tuned for the latest updates. Australia Consumer Price Index (31 May 2023) The monthly Consumer PriceContinue Reading
Tech Stocks Surge as Nvidia’s Strong Results Ignite Investor Enthusiasm Amid U.S. Debt Ceiling Talks
Written on May 26, 2023 at 3:01 am, by anakin
On Thursday, the S&P 500 and Nasdaq Composite experienced gains driven by positive quarterly results from Nvidia, leading to a surge in technology stocks. The Nasdaq rose by 1.71% to close at 12,698.09, while the S&P 500 increased by 0.88% to finish at 4,151.28. However, the Dow Jones Industrial Average declined slightly by 0.11% toContinue Reading
Weekly Dividend Adjustment Notice – May 25, 2023
Written on May 25, 2023 at 10:06 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
Dow Jones Falls as Debt Ceiling Concerns Mount
Written on May 25, 2023 at 3:36 am, by anakin
The Dow Jones Industrial Average extended its decline for the fourth consecutive day amidst mounting concerns over a potential default as U.S. lawmakers struggled to reach an agreement on the country’s debt ceiling. The Dow dropped 255.59 points, or 0.77%, closing at 32,799.92, while the S&P 500 and Nasdaq Composite also experienced losses. House SpeakerContinue Reading