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Stocks Slide as Home Depot Disappoints and Debt Ceiling Talks Intensify
Stocks experienced a decline on Tuesday, influenced by Home Depot’s underwhelming forecast. The financial market also focused on a crucial meeting between President Joe Biden and congressional leaders regarding the U.S. debt ceiling. The Dow Jones Industrial Average closed below its 50-day average for the first time since March 30, with a drop of 336.46Continue Reading
Written on May 17, 2023 at 2:54 am
Categories: Today's Analysis
Different CFDs to Trade in the Philippines with VT Markets
Explore CFDs Trading Check out our Deposit Bonus Contract For Difference (CFD) in the Philippines VT Markets Philippines offers a wide range of CFDs products, providing traders with diverse opportunities in the markets. CFDs allow traders to speculate on the price movements of various underlying assets without owning the assets. Therefore, let us explore theContinue Reading
Written on May 16, 2023 at 8:46 am
Categories: Blog
Debt Ceiling Negotiations and Economic Data Influence Stock Market, Retail Reports Awaited
The S&P 500 experienced a slight increase at the beginning of the week as traders analyzed ongoing negotiations regarding the debt ceiling. The broader index rose by 0.3% to reach 4,136.28 points. Meanwhile, the Dow Jones Industrial Average ended its five-day losing streak, gaining 47.98 points (0.14%) and reaching 33,348.60 points. The tech-heavy Nasdaq CompositeContinue Reading
Written on May 16, 2023 at 2:38 am
Categories: Today's Analysis
Is Forex Trading Taxable for Traders in the Philippines?
Use VTrade Copy Trading Explore Why Traders Fail in Forex Understanding Forex Tax in the Philippines Forex trading is an investment option where people profit from currency exchange rate fluctuations. Understanding the tax implications is crucial. This article explains the taxation aspects of forex trading in the Philippines. The Importance of Proper Tax Filing inContinue Reading
Written on May 15, 2023 at 8:08 am
Categories: Blog
Week Ahead: Markets to Focus on US Retail Sales and Australia Wage Price and Employment Change
The financial industry anticipates major economic reports this week, focusing on the US Retail Sales and Australia Wage Price Index and Employment Change. These reports are crucial for traders navigating the markets and making informed decisions. NY Empire State Manufacturing Index | US (15 May)The NY Empire State Manufacturing Index unexpectedly jumped to 10.8 inContinue Reading
Written on May 15, 2023 at 2:11 am
Categories: Today's Analysis
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