Monthly Archives: May 2023
Notification of Server Upgrade – May 18, 2023
Written on May 18, 2023 at 9:50 am, by anakin
Dear Client, As part of our commitment to provide the most reliable service to our clients, there will be server maintenance this weekend. Maintenance Hours : 20th of May 2023 (Saturday) 02:00 – 24:00 (GMT+3) Please note that the following aspects might be affected during the maintenance: 1. The price quote feature on the ClientContinue Reading
Exploring the best time to trade forex in the Philippines
Written on May 18, 2023 at 9:22 am, by anakin
Forex Trading Philippines Check out our ProTrader Tools The timing of your trades in the forex market can greatly impact your success. While the market operates 24 hours a day, it’s important to understand the best and worst times to trade. Additionally, getting adequate sleep is crucial for overall well-being and optimal trading performance. TradingContinue Reading
Weekly Dividend Adjustment Notice – May 18, 2023
Written on May 18, 2023 at 7:57 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
Market Outlook – Interesting week ahead for Australia, New Zealand, and Canada
Written on May 18, 2023 at 7:48 am, by anakin
Stocks Rise as Hope Grows for U.S. Debt Ceiling Deal, Averting Default
Written on May 18, 2023 at 2:16 am, by anakin
Stocks experienced a positive surge as investors remained hopeful that an agreement on the U.S. debt ceiling could be reached between congressional leaders and President Joe Biden, thereby averting a catastrophic default. The Dow Jones Industrial Average rose by 408.63 points or 1.24%, reaching 33,420.77, while the S&P 500 increased by 1.19% to 4,158.77, andContinue Reading
Stocks Slide as Home Depot Disappoints and Debt Ceiling Talks Intensify
Written on May 17, 2023 at 2:54 am, by anakin
Stocks experienced a decline on Tuesday, influenced by Home Depot’s underwhelming forecast. The financial market also focused on a crucial meeting between President Joe Biden and congressional leaders regarding the U.S. debt ceiling. The Dow Jones Industrial Average closed below its 50-day average for the first time since March 30, with a drop of 336.46Continue Reading
Different CFDs to Trade in the Philippines with VT Markets
Written on May 16, 2023 at 8:46 am, by anakin
Explore CFDs Trading Check out our Deposit Bonus Contract For Difference (CFD) in the Philippines VT Markets Philippines offers a wide range of CFDs products, providing traders with diverse opportunities in the markets. CFDs allow traders to speculate on the price movements of various underlying assets without owning the assets. Therefore, let us explore theContinue Reading
Debt Ceiling Negotiations and Economic Data Influence Stock Market, Retail Reports Awaited
Written on May 16, 2023 at 2:38 am, by anakin
The S&P 500 experienced a slight increase at the beginning of the week as traders analyzed ongoing negotiations regarding the debt ceiling. The broader index rose by 0.3% to reach 4,136.28 points. Meanwhile, the Dow Jones Industrial Average ended its five-day losing streak, gaining 47.98 points (0.14%) and reaching 33,348.60 points. The tech-heavy Nasdaq CompositeContinue Reading
Is Forex Trading Taxable for Traders in the Philippines?
Written on May 15, 2023 at 8:08 am, by anakin
Use VTrade Copy Trading Explore Why Traders Fail in Forex Understanding Forex Tax in the Philippines Forex trading is an investment option where people profit from currency exchange rate fluctuations. Understanding the tax implications is crucial. This article explains the taxation aspects of forex trading in the Philippines. The Importance of Proper Tax Filing inContinue Reading
Week Ahead: Markets to Focus on US Retail Sales and Australia Wage Price and Employment Change
Written on May 15, 2023 at 2:11 am, by anakin
The financial industry anticipates major economic reports this week, focusing on the US Retail Sales and Australia Wage Price Index and Employment Change. These reports are crucial for traders navigating the markets and making informed decisions. NY Empire State Manufacturing Index | US (15 May)The NY Empire State Manufacturing Index unexpectedly jumped to 10.8 inContinue Reading
