About: anakin

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Fed Rate hikes may pull the economy into a recession, ECB’s plans to boost interest rates dragged the Euro lower

US stock declined on Tuesday amid fears that aggressive rate hikes will drag the economy into a recession ahead of Wednesday’s critical inflation report. Slowing economic growth and soaring inflation continued to weigh on investors’ mood across financial markets, as economists said that inflation kept heating up in June and might force the Federal ReserveContinue Reading

VT Markets The Notification of Trading Hours Adjustment on Weekends

Dear Client, To provide clients with a better trading experience, VT Markets will adjust the trading session from 02:00 to 24:00 (GMT+3) every Saturday since July 16, 2022. Please note the specific adjustment as follows: Note: The above data is for reference only, the actual execution date may be changed, please refer to the MT4/MT5Continue Reading

Stocks fell as traders braced for a strong inflation report

Stocks slumped on Monday, with trades positioning for a high inflation reading and the start of a key earnings season that could provide clues as to whether the economy is heading for a recession. On the trade of the day, the dollar climbed, and a sell-off in mega-caps like Tesla Inc. and Apple Inc. weighedContinue Reading

Strong US job report eased recession fears

US stock closed flat on Friday after struggling for direction throughout the session as the strong US job report eased recession fears but further supported the case for a 75 bps rate hike by the Fed to fight inflation. Earlier in the North American session, the Nonfarm Payrolls report added 372K jobs to the economyContinue Reading

VT Markets July Futures Rollover Announcement

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

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