Monthly Archives: February 2024
Unlocking the power of correlations in forex trading
Written on February 27, 2024 at 3:01 am, by anakin
In forex trading, correlations show how different currency pairs or financial instruments move together. For example, when the EUR/USD pair goes up, the USD/CHF pair often goes down, and vice versa. Understanding these relationships is crucial. It helps traders predict market movements, manage risks, and make smarter decisions. In this guide, we will explore correlations Continue Reading
Stocks Dip Amid Inflation Data Anticipation, Amazon Joins Dow
Written on February 27, 2024 at 12:47 am, by anakin
On Monday, the stock market experienced a downturn, with the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average all closing lower, moving away from recent record highs. This shift comes as investors brace for a slew of economic data, including a crucial inflation measure and updates on consumer spending, which could impact Federal Reserve Continue Reading
Forex Market Analysis: Nvidia’s Strength Drives Record Highs; Eyes on PCE Data Amidst USD Equilibrium
Written on February 26, 2024 at 10:20 am, by anakin
CURRENCIES: STOCK MARKET: Economic data: Dallas Fed Manufacturing Activity, February (-27.4 previously); New home sales, January (684,000 annualized rate expected, 664,000 previously); New home sales, month-over-month, January (+3% expected, +8% previously) Earnings: Domino’s Pizza (DPZ), Freshpet (FRPT), Hims & Hers (HIMS), iRobot (IRBT), Workday (WDAY), Zoom (ZM) Start your CFD Shares Trading journey with VT Markets now!
Dividend Adjustment Notice – February 26, 2024
Written on February 26, 2024 at 8:08 am, by anakin
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 more Continue Reading
Week ahead: RBNZ rate, US economic indicators eyed
Written on February 26, 2024 at 3:43 am, by anakin
As we approach the end of February 2024, the financial world turns its focus towards a series of crucial economic updates slated for release. These reports, spanning from Japan’s inflation rates to the ISM Manufacturing PMI in the United States, are poised to provide fresh insights into the global economic landscape. Among these, the Reserve Continue Reading
Forex Market Analysis: USD Strength Precedes Core PCE Data Amid Nvidia’s Record Highs
Written on February 23, 2024 at 8:47 am, by anakin
CURRENCIES: U.S. Dollar Maintains Strong Position: The USD continues to show a strong upward trend; focus is on EUR/USD, GBP/USD, and gold prices. Date and Analyst: Article written by Diego Colman, Contributing Strategist, on February 23, 2024. Anticipation for Core PCE Data: Markets are on alert for the upcoming U.S. core PCE data release, a key inflation indicator Continue Reading
Dividend Adjustment Notice – February 23, 2024
Written on February 23, 2024 at 8:23 am, by anakin
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 more Continue Reading
Nvidia’s stellar earnings propel S&P 500 and Nasdaq to new highs amidst broad market optimism
Written on February 23, 2024 at 1:21 am, by anakin
On Thursday, the S&P 500 and Nasdaq Composite reached impressive new heights, largely driven by Nvidia’s remarkable quarterly earnings report. The S&P 500 surged by 2.11%, its best performance since January 2023, while the Nasdaq Composite soared by 2.96%, flirting with its all-time high, thanks to Nvidia’s 16.4% share price jump after reporting a 265% Continue Reading
Diversifying investments through ETF trading
Written on February 22, 2024 at 1:54 pm, by anakin
ETFs, or Exchange-Traded Funds, are gaining popularity among investors for their simplicity and versatility. They provide an easy way to invest in a range of assets, making them accessible for non-professional traders. Imagine being able to invest in a diverse basket of stocks or bonds without the complexity of managing individual assets—that’s the power of Continue Reading
Unlocking the power of correlations in forex trading
Written on February 22, 2024 at 1:06 pm, by anakin
In forex trading, correlations show how different currency pairs or financial instruments move together. For example, when the EUR/USD pair goes up, the USD/CHF pair often goes down, and vice versa. Understanding these relationships is crucial. It helps traders predict market movements, manage risks, and make smarter decisions. In this guide, we will explore correlations Continue Reading
