Monthly Archives: November 2022
Week ahead: Rise in US employment could signify better health in the labour market
Written on November 28, 2022 at 6:15 am, by luna
The US Department of Labor reported that non-farm payrolls rose by 261,000 last month, more than economists had forecasted. The increase in hiring was driven by more people entering the labour force. Meanwhile, private payrolls rose by 239,000 in October according to a report from ADP, with the leisure and hospitality industry seeing the mostContinue Reading
Intermediate 10: Understanding Fibonacci
Written on November 22, 2022 at 1:25 am, by luna
Fibonacci is one of the tools that Forex traders often use. Let’s figure out how the Fibonacci instrument works. Leonardo Fibonacci, a mathematician from the 1300s, came up with a set of numbers (0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, etc.), with every number in the list the sumContinue Reading
Intermediate 9: Understanding Bollinger Band
Written on November 22, 2022 at 1:14 am, by luna
What Is the Bollinger Band Indicator? A Bollinger Band is a technical analysis tool consisting of a set of trendlines drawn to two standard deviations (up and down) from the simple moving average (SMA) of an instrument’s price. Traders can change these trendlines to suit their needs. Bollinger Bands were made by the famous technicalContinue Reading
VT Markets Clinches Three Awards for Their Outstanding Trading Platforms and Services
Written on November 21, 2022 at 6:49 am, by anna
VT Markets, an international multi-asset broker, is showing great promise on the back of their separation from Vantage Group. They have recently clinched three awards by Global Business Magazine Awards for their exceptional trading platforms and services. VT Markets’ unique value proposition, in-depth market insights and thorough understanding of the market have rightly earned themContinue Reading
Week ahead: Will RBNZ continue to raise rates amid stronger domestic activities?
Written on November 21, 2022 at 3:48 am, by luna
The Reserve Bank of New Zealand (RBNZ) raised its official cash rate in October by 50bps, its fifth increase since late last year. It follows a string of robust economic reports showing that domestic activities have strengthened. Will the central bank raise rates by another 75bps as forecasted? Here is a roundup of the latestContinue Reading
VT Markets Launches Affiliate Challenger Cup With US$25,000 Prize Pool
Written on November 15, 2022 at 7:45 am, by anna
VT Markets, a top-rated brokerage firm, has launched the VT Affiliate Challenger Cup 2022 (ACC 2022), a competition that rewards affiliates for referring new clients to their platform. The ACC 2022 is open to VT Markets’ CPA Affiliates, Introducing Brokers or Hybrid program in over 60 countries from the Europe, Middle East, Africa (EMEA) andContinue Reading
Week ahead: US retail sales and PPI data may affect December Fed rate decision
Written on November 14, 2022 at 1:47 am, by luna
The US Federal Reserve will weigh this week’s Retail Sales and PPI data against last week’s lower-than-expected inflation figures as it determines whether to raise its benchmark interest rate by 50bps or 75bps at its December meeting. Here are the highlights for the week ahead: RBA Monetary Policy Meeting Minutes (15 November) The Reserve BankContinue Reading
VT Markets Expands Trade Offerings with the Addition of 7 New Bond CFDs
Written on November 7, 2022 at 1:15 am, by anna
VT Markets, a global multi-asset broker, has added a selection of 7 bond CFDs to its vast array of trade offerings and assets. This addition further enables traders to expand their portfolios and gain exposure to some of the most exciting markets in the world. Their new products feature bonds from countries such as theContinue Reading
Week ahead: Further increase in US CPI may lead to Fed rate hikes in December
Written on November 7, 2022 at 12:54 am, by luna
Since the Federal Reserve announced its September rate decision, consumer price growth in the US has accelerated across a wide range of goods and services. This signifies that underlying inflationary pressures are growing stronger. Fed officials will announce another rate hike in December, with analysts expecting the central bank to also increase interest rates further.Continue Reading
