Monthly Archives: August 2022
VT Markets Modifications of Contract Size
Written on August 10, 2022 at 2:23 am, by anakin
Dear Client, To provide a more favorable trading environment to our clients, VT Markets will modify the contract size of the following products: 1. The contract size of HK50ft will be 1. 2. The contract size of EOSUSD, XLMUSD will be 10,000. The modifications will be put into effect from 2022/08/13: The above data isContinue Reading
Markets await Wednesday’s Inflation reading. Still high but anticipated to cool down.
Written on August 10, 2022 at 2:15 am, by anakin
Stocks retreated on Tuesday, as a downbeat outlook from a giant chipmaker, Micron, added to recession fears. Investors were unwilling to make any risky moves before Wednesday’s pivotal inflation reading, which is forecasted to cool a bit while remaining at high levels. The report will come on the heels of recent jobs figures underscoring slidContinue Reading
Earnings Downgraded due to Rising Interest rate Risks and Slowing Growth
Written on August 9, 2022 at 1:17 am, by anakin
US stock declined on Monday and failed to hold onto gains. S&P500 erased a rally that reached 1% earlier in the day, while the Nasdaq 100 underperformed after an advance that briefly drove the tech 20% above its June low. Nvidia tumbled almost 6.5% with a release of a gloomy forecast. Mounting risks of moreContinue Reading
Inflation Watch: Will This Week’s Data Shed Light On Inflation?
Written on August 8, 2022 at 3:20 am, by anakin
In the week ahead, inflation-related data will dominate the headlines. The Consumer Price Index (CPI) and Producer Price Index (PPI) data from the United States and Gross Domestic Product (GDP) data from the UK are expected to provide further clues on the durability of inflation pressures in both countries. In June of 2022, consumer pricesContinue Reading
Strong job report, Fed to raise rates
Written on August 8, 2022 at 12:31 am, by anakin
US stock notched a weekly gain on Friday, as a release of an unexpectedly strong jobs report, which alleviated recession fears but cleared the path for the Federal Reserve to raise interest rates in a more hawkish way at its next meeting. The report validated the Fed’s view of a resilient economy that can withstandContinue Reading
Intermediate 2: What is a moving average and how to calculate it?
Written on August 6, 2022 at 12:01 am, by anakin
Successful trading doesn’t happen overnight. You need to learn many concepts and strategies to build a good foundation on which you would base your decisions every trading day. In technical analysis, the moving average is one of the most crucial indicators you need to know about and learn. What is a moving average? A movingContinue Reading
Special Gold Coverage: Will XAU/USD Goes above $1,800? NFP is the key
Written on August 5, 2022 at 8:10 am, by anakin
The price of gold has reached a monthly high and is currently trading just below the $1,800 level. This comes as bulls take a breather following the recent increase in price and in anticipation of the all-important US Nonfarm Payrolls report. The markets witnessed a temporary safe haven bid in the US dollar in theContinue Reading
VT Markets August Futures Rollover Announcement
Written on August 5, 2022 at 2:45 am, by anakin
Dear Client, New contracts will automatically be rolled over as follows: Please note: •The rollover will be automatic, and any existing open positions will remain open. •Positions that are open on the expiration date will be adjusted via a rollover charge or credit to reflect the price difference between the expiring and new contracts. •ToContinue Reading
All Eyes on the US Jobs Reports, Concerns on Inverted Yield Curve.
Written on August 5, 2022 at 2:16 am, by anakin
US stocks wavered on Thursday as traders parsed various corporate earnings against a backdrop of aggressive interest-rate hikes by global central banks. The US yield curve continued to be inverted as recession fears persisted. The S&P 500 ended the session little changed after fluctuating throughout the day. The Nasdaq 100 closed up higher for theContinue Reading
VT Markets The Adjustment Of Weekly Dividend Notification
Written on August 4, 2022 at 9:48 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
