Monthly Archives: March 2023
Federal Reserve Officials Suggest Monetary Tightening, Markets Respond Positively
Written on March 31, 2023 at 3:53 am, by anakin
Recent market gains were heavily influenced by statements from Federal Reserve officials who suggested the need for further monetary tightening, despite recent bank failures. Boston Fed President, Susan Collins, highlighted the importance of tightening policies. Meanwhile, Richmond Fed President, Thomas Barkin, stated that the Fed could increase rates further if inflation risks persist. Minneapolis FedContinue Reading
Weekly Dividend Adjustment Notice – March 30, 2023
Written on March 30, 2023 at 9:56 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 Stock Markets Make Gains as Tech and Financial Shares Rally
Written on March 30, 2023 at 3:15 am, by anakin
US stock markets experienced gains on Wednesday, with tech and financial shares leading the way, as investor risk appetite recovered from recent banking sector turmoil. The financial sector was hit hard by the collapse of three US banks this month but managed to rally on Wednesday, despite reports that the Federal Deposit Insurance Corp. wasContinue Reading
US Equity Market Falls as Tech Stocks Decline and Investors Anticipate Inflation Data
Written on March 29, 2023 at 3:10 am, by anakin
On Tuesday, the US equity market took a slight hit as investors reassessed their bets on the Federal Reserve’s interest rate policies. The three-day advance of US stocks came to a halt as technology shares declined, while Treasuries saw a slight dip. Investors have been favoring tech stocks in recent weeks, moving away from financialsContinue Reading
US Stocks Get Boost from Financial Shares as Tech Slumps: Banking Sector Continues to be Monitored
Written on March 28, 2023 at 1:35 am, by anakin
Financial stocks provided a much-needed boost to US stocks on Monday, with Treasuries retracting due to a decrease in concerns over banking turmoil. However, tech shares took a hit after experiencing a surge in the previous week. The purchase of Silicon Valley Bank by First Citizens BancShares Inc. caused a gauge of regional lenders toContinue Reading
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
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
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