Monthly Archives: July 2022
US stocks rose to a seven-week high as investors pushed upon Fed rate rises
Written on July 29, 2022 at 1:10 am, by anakin
US stock rallied on Thursday, preserving its bullish momentum and climbing to a seven-week high as investors pared their bets on Fed’s aggressively rate hikes amid the weak economic data. The US Gross Domestic Product (GDP) in Q2 showed that the economy entered a technical recession after contracting by 0.9%. However, investors remained their speculationContinue Reading
VT Markets The Adjustment Of Weekly Dividend Notification
Written on July 28, 2022 at 8:58 am, by anakin
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
Fed rate raised by 75 basis points; Fed acting swiftly to combat inflation
Written on July 28, 2022 at 1:50 am, by anakin
In response to Fed chairman Jerome Powell’s less hawkish remarks after the central bank’s monetary policy decision, US stocks jumped on Wednesday, regaining upside momentum and making a significant return. Wednesday, the US Federal Reserve stated that it had increased the main benchmark rate by 75 basis points to a range of 2.25 to 2.5%,Continue Reading
Concern about the global economy, Market expect another 75bps rate hike
Written on July 27, 2022 at 1:10 am, by anakin
Tuesday’s decline in US stocks was precipitated by deteriorating economic conditions, worries of a recession, and sky-high inflation. The dismal outlook of the world’s largest retailer, Walmart Inc., illustrates the effects of inflationary pressures on consumer spending. Concerns over a faltering global economy prompted investors to anticipate another 75-basis-point increase before to a widely anticipatedContinue Reading
VT Markets Modifications of Leverage
Written on July 26, 2022 at 8:21 am, by anakin
Dear Client, To provide a more favorable trading environment to our clients, VT Markets will modify the leverage of the following products: 1. The leverage of BTCUSD and ETHUSD will be 200:1. The modifications will be put into effect from 2022/08/01. The above data is for reference only, please refer to the MT4/MT5 software forContinue Reading
Market awaits today’s FOMC meeting
Written on July 26, 2022 at 1:22 am, by anakin
Amidst the lowest intraday volatility and volume of the year and ahead of this week’s crucial Fed meeting, US stocks inched up on Monday amid a turbulent session. Large technology firms remained under bearish pressure as investors anticipate negative earnings report news. Despite recession fears, investors are awaiting the conclusion of Wednesday’s critical FOMC monetaryContinue Reading
This Week: Markets spotlight FOMC meeting amid record inflation worries
Written on July 25, 2022 at 3:52 am, by anakin
All eyes will be on the US Federal Open Market Committee (FOMC) meeting this week for insights into upcoming interest rates hikes after annual inflation hit a 4-decade high of 9.1% in June. US policymakers are anticipating continued price surges and are backing a 50-75 basis points hike. Officials say the economic outlook warrants movingContinue Reading
Inflation, Rising Interest Rates, and Recession Fears keep Market Sentiment Fragile
Written on July 25, 2022 at 1:38 am, by anakin
Due to dismal results from social-media companies and weak economic data, US stocks dropped on Friday, failing to maintain the upward momentum and ending a three-day rise. Snap Inc.’s disappointing performance and Twitter Inc.’s weaker-than-anticipated sales figure have heightened concerns about online ad spending, which is also one of the mounting indications that technology businessesContinue Reading
ECB Raised Interest Rates by 50 bps in Reaction to Rising Inflation and Russia Crisis
Written on July 25, 2022 at 1:35 am, by anakin
The European Central Bank agreed to increase interest rates by 50 basis points, the first increase in almost a decade, in response to increasing inflation and the ongoing conflict with Russia. In addition, Gazprom restored gas shipments to the EU via the Nord Stream 1 pipeline, giving extra support for EUR purchasers. In the US,Continue Reading
VT Markets The Adjustment Of Weekly Dividend Notification
Written on July 21, 2022 at 9:55 am, by anakin
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
