Monthly Archives: January 2023

Market awaits FOMC meeting and US Non-Farm data release

Written on January 31, 2023 at 2:18 am, by

The Nasdaq 100, tumbled almost 2%. The S&P 500 and the Dow Jones slashed 1.30% and 0.77% of their value as traders prepared for the US Federal Reserve Open Market Committee (FOMC) decision on Wednesday. Hence, a busy US economic calendar was one of the main reasons for the US Dollar to appreciate against mostContinue Reading

Slower Inflation pressure, softer Fed?

Written on January 30, 2023 at 7:00 am, by

U.S. equities enjoyed another rally on Friday to close the week on a positive note. The Dow Jones Industrial Average climbed 0.08% to close at 33978.08. The S&P 500 gained 0.25% to close at 4070.56. The tech-heavy Nasdaq Composite rose 0.95%  to close at 11621.71. On Friday, Fed’s favorite U.S. inflation gauge, the U.S. PCEContinue Reading

Week ahead: All eyes on US jobs data, BoE and ECB rate statements

Written on January 30, 2023 at 6:36 am, by

The US jobs data and rate statements from the Bank of England (BoE) and the European Central Bank (ECB) are currently the focus of attention for many market participants. These announcements have the potential to significantly impact global financial markets, as they provide insights into the health of the respective economies and monetary policy decisions. Continue Reading

US GDP expanded faster than expected

Written on January 27, 2023 at 3:30 am, by

U.S. equities marched higher over the course of Thursday’s trading. The Dow Jones Industrial Average rose 0.61% to close at 33949.41. The S&P 500 climbed 1.1% to close at 4060.43. The tech-heavy Nasdaq Composite gained 1.76% to close at 11512.41. Market participants turned a blind eye to the mixed U.S. GDP report, which showed that,Continue Reading

Weekly Dividend Adjustment Notice – January 26, 2023

Written on January 26, 2023 at 9:33 am, by

Dear Client, Warmly reminds you that the component stocks in the stock index spot generate dividends. When dividends are distributed, VT Markets will make dividends and deductions for the clients who hold the trading products after the close of the day before the ex-dividend date. Indices dividends will not be paid/charged as an inclusion alongContinue Reading

Market awaited US GDP and Jobless Claims data

Written on January 26, 2023 at 12:39 am, by

U.S. equities closed mostly mixed throughout Wednesday’s trading. The Dow Jones Industrial Average gained 0.03% to close at 33743.84. The S&P 500 lost 0.02% to close at 4016.22. The tech-heavy Nasdaq Composite lost 0.18% to close at 11313.36. U.S. equities experienced a sharp drop at the beginning of Wednesday’s trading as Microsoft issued weaker guidanceContinue Reading

VT Markets Kicks Off 2023 with an Exciting Lineup of Innovative Products and Services

Written on January 25, 2023 at 8:03 am, by

VT Markets, a next-generation multi-asset broker, has announced a brief roadmap of its plans for the year ahead. The broker has revealed an impressive lineup of strategies that aim to expand its market access, bolster its brand presence and improve clients’ trading efficiency. An initiative clients are especially looking forward to is the exclusive 1:1000Continue Reading

Microsoft shares increased after earnings exceeded expectations

Written on January 25, 2023 at 2:51 am, by

U.S. equities struggled to maintain their recent rally throughout Tuesday’s trading. The Dow Jones Industrial Average gained 0.31% to close at 33733.96. The S&P 500 slipped 0.07% to close at 4016.95. The tech-heavy Nasdaq Composite lost 0.27% to close at 11334.27. The recent bear market rally has been aided by better-than-expected earnings results and signsContinue Reading

Stock rose as influential segment started earnings season

Written on January 24, 2023 at 1:18 am, by

The equity market rallied two consecutive days on Monday, as the most influential segment of the US stock is about to kick off earnings in a test of the S&P500’s 12% surge from its October low. Giants like Microsoft Corp. and Texas Instruments Inc. are set to report results that will help shape the fateContinue Reading

Week ahead: Markets to focus on US GDP and Bank of Canada

Written on January 23, 2023 at 3:21 am, by

Markets will focus on the US Gross Domestic Products (GDP) report and the Bank of Canada (BoC) interest rate decision this week. Analysts have various predictions for the GDP reading in the US for Q4 of 2022 after the economy grew an annualised 3.2% in Q3. Meanwhile, the Bank of Canada (BoC) raised its interestContinue Reading

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