Monthly Archives: May 2024

Key points: Japan’s Nikkei share average snapped a three-day winning streak to close lower on Friday, influenced by Wall Street’s tepid overnight performance and uncertainties surrounding the Bank of Japan’s (BOJ) policy trajectory. The Nikkei slipped 0.34% to finish at 38,787.38, although it still gained 1.43% for the week. Picture: Japan’s Nikkei’s decline, as observedContinue Reading

Key points: Oil prices increased on Friday, with global benchmark Brent set for its first weekly gain in three weeks due to signs of improving demand from key consumers China and the United States. Picture: Oil prices on the rise as seen on VT Markets app. Brent and WTI crude futures edge higher Brent crudeContinue Reading

Dear Client, VT Markets value your trading experience and funds security. Effective on May 21, 2024, we are implementing Two-Factor Authentication (2FA) verification measures for Cryptocurrency addresses and E-wallet withdrawal methods. Here’s the recommended 2FA software download link: Microsoft Authenticator Download Link (iOS) Google Authenticator Download Link (Android) Search “Google Authenticator” on WeChat to download.Continue Reading

Key Points:  The US Dollar Index (DXY) experienced a sharp decline on 15 May 2023 (Wednesday), dropping about 1% from 105.04 to the 104.20 zone. This marks the third consecutive losing session for the greenback, which has now erased approximately 3% of its valuation this month. The catalyst for this decline was the latest USContinue Reading

Tesla tends to dominate the headlines in the EV market, but Chinese EV brands could potentially seize the crown. After Tesla’s bumpy Q3 2023 earnings report, traders and investors are starting to scout around for alternatives in the EV market to park their money. Tesla expanded their revenue by a mere 9% YoY, while earningsContinue Reading

Dear valued clients: VT Markets is committed to providing customers with a faster and more stable trading environment. We will upgrade our server from 02:00 -04:00 and 08:00 – 11:59 server time on May 18th, 2024 (Saturday). Please refer to the MT4/MT5 software for the specific update completion and trading opening time. Please pay attentionContinue Reading

Key Points:  The Australian dollar dipped below $0.67 against the US dollar (Symbol: AUDUSD), responding to weaker-than-expected domestic employment data. The latest report revealed that Australia’s unemployment rate increased to 4.1% in April from 3.8% in March. This rise in unemployment, coupled with a slowdown in wage growth in the first quarter, has led marketsContinue Reading

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

The current sentiment in the forex market is manifesting through interesting trends across key currency pairs, indicating potential shifts that traders should monitor closely. Starting with the GBP/USD pair, 56.68% of clients are currently bearish, with a short-to-long ratio of 1.31 to 1. This sentiment is further underscored by an increase in net-short bets byContinue Reading

Key Points:  Consumer prices slowed; market sentiment heightened  With US consumer prices slowing more than expected in April, investors now receive some relief from previous concerns about persistent inflation. This data suggests that the economy might achieve a “soft landing,” where inflation is tamed without a significant slowdown in growth.  With such newfound optimism, the USContinue Reading