Monthly Archives: May 2023

Stocks Slip as Investors Await Inflation Data and Debt Limit Progress

Written on May 10, 2023 at 2:53 am, by

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

Written on May 9, 2023 at 9:36 am, by

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

Written on May 9, 2023 at 7:16 am, by

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

Written on May 9, 2023 at 7:06 am, by

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

Written on May 9, 2023 at 6:59 am, by

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

Federal Funds Rate: What it is and why is important

Written on May 9, 2023 at 6:55 am, by

What is the U.S Federal Funds Rate  The U.S Federal Funds Rate refers to the interest rate at which depository institutions lend and borrow money from each other overnight to maintain their reserve requirements set by the Federal Reserve. The Federal Reserve sets a target for the Federal Funds Rate, and then uses open marketContinue Reading

Consumer Price Index (CPI): Understanding its importance on the economy

Written on May 9, 2023 at 6:46 am, by

What is the U.S Consumer Price Index (CPI)   The U.S Consumer Price Index (CPI) is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. The CPI is widely regarded as one of the most important economic indicators in the UnitedContinue Reading

Consumer Confidence Index (CCI): 5 ways that the (CCI) can affect you and why it is important

Written on May 9, 2023 at 6:41 am, by

What is the Consumer Confidence Index  The Consumer Confidence Index (CCI) is a survey-based economic indicator that measures the level of optimism that consumers have in the economy. The CCI is released monthly and is closely watched by economists, investors, and policymakers as an important gauge of the health of the U.S. economy.  Understanding howContinue Reading

Mixed Market Reaction as Investors Await Key Inflation Data and Banking Sector Stability

Written on May 9, 2023 at 4:50 am, by

The S&P 500 closed near the flat line on Monday, with investors anticipating crucial inflation readings, including the consumer price index report for April. Despite minor fluctuations, the broad market index ended the session at 4,138.12, reflecting a marginal gain of 0.05%. The Nasdaq Composite performed slightly better, adding 0.18% and closing at 12,256.92, whileContinue Reading

Why you can consider Forex Trading in the Philippines

Written on May 9, 2023 at 2:40 am, by

Learn more with VT Markets Forex Test Trading with Demo Account Why Do Traders in the Philippines Choose Forex? Forex, or foreign exchange trading, is a market that offers large potential for profit. However, before considering it as an investment option, it’s crucial to understand why it may not be suitable for everyone. In thisContinue Reading

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