Dear Client,

To provide a favorable trading environment to our clients, VT Markets will modify the trading setting of all Shares on February 19, 2024:

1. All Shares products leverage will be adjusted to 33:1.

2. 20 Pre-market US Shares on MT5: Leverage will be 5:1 during 14:00-16:30 and 22:45-23:00; and remain 33:1 during the rest of the trading time.

3. MT5 20 pre-market US Shares: TSLA, NVIDIA, NFLX, META, GOOG, AMAZON, AAPL, ALIBABA, MSFT, SHOP, BOEING, IBM, BAIDU, JPM, EXXON, INTEL, TSM, MCD, ORCL, DISNEY.

The above data is for reference only, please refer to the MT4 and MT5 software for specific data.

Friendly reminders:

1. All specifications for Shares stay the same except leverage during the mentioned period.

2. The margin requirement of the trade may be affected by this adjustment. Please make sure the funds in your account are sufficient to hold the position before this adjustment.

If you’d like more information, please don’t hesitate to contact info@vtmarkets.com.

CURRENCIES:

US Dollar Updates

• The U.S. dollar stabilizes after its surge post-CPI data, with the DXY index fluctuating near the break-even point.
• A lack of further gains does not imply a weakening of the bullish sentiment.
• Focus on technical analysis for EUR/USD and USD/CAD pairs.

Insights on Trading Dynamics

• Post-Tuesday’s rally, the U.S. dollar displays hesitation, oscillating slightly but remaining steady around the 104.80 mark.
• The continuation pause in the uptrend suggests a normal breath after significant gains, rather than a shift in market belief.
• Considering broader economic indicators, persistent inflation could influence the Federal Reserve to postpone or minimize rate cuts, potentially supporting the dollar’s upward momentum.

STOCK MARKET:

Stock Market Analysis

• Despite a significant sell-off, the stock market displayed resilience, hinting at underlying strength.
• The Dow Jones Industrial Average (^DJI) and the S&P 500 (^GSPC) experienced sharp declines, yet signals of market fortitude were evident.

Market Insights

• The market’s reaction to a higher-than-anticipated inflation report led to one of the worst trading days of 2024, yet not without signs of resilience.
• Strategists noted the pullback could be a natural correction following a sustained period of gains.
• Investors actively sought opportunities to buy the dip, indicating confidence amidst volatility.

Technical and Strategic Perspectives

• The S&P 500 avoided a significant daily drop, showcasing its stability.
• The Russell 2000’s performance above its 50-day moving average underscores market resilience.
• Market strategists suggest the sell-off might reflect profit-taking rather than a fundamental shift in market dynamics.

Federal Reserve and Inflation Outlook

• A Fed official emphasized the importance of not overreacting to a single month’s inflation data, highlighting a trend of decreasing inflation.
• Adjustments in Fed rate cut expectations reflect shifting market sentiments, yet some analysts maintain a cautious outlook on immediate policy changes.

Economic and Market Narratives

• Despite inflation concerns, positive earnings reports and economic resilience continue to underpin market optimism.
• Analysts suggest the market’s foundational story remains unchanged, with expectations for continued soft-landing dynamics in the economy.

Start your CFD Shares Trading journey with VT Markets now!

Dear Client,

As part of our commitment to provide the most reliable service to our clients, there will be server maintenance this weekend.

Maintenance Hours :
17th of February 2024 (Saturday) 00:00-05:00 (GMT+2)

Please note that the following aspects might be affected during the maintenance:

1. The price quote and trading management will be temporarily disabled during the maintenance. You will not be able to open new positions, close open positions, or make any adjustments to the trades.

2. There might be a gap between the original price and the price after maintenance. The gaps between Pending Orders, Stop Loss and Take Profit will be filled at the market price once the maintenance is completed. If you don’t want to hold any open positions during the maintenance, it is suggested to close the position in advance.

3. Please refer to MT4/MT5 for the latest update on the completion and market opening time. Our services will be back online once the maintenance is completed.

4. Please note that during the maintenance period, the Client Portal and VT App may be unable to operate or unable to log in.

Thank you for your patience and understanding about this important initiative.

If you’d like more information, please don’t hesitate to contact info@vtmarkets.com

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 details:

The above data is for reference only, please refer to the MT4/MT5 software for specific data.

If you’d like more information, please don’t hesitate to contact info@vtmarkets.com.

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 details:

The above data is for reference only, please refer to the MT4/MT5 software for specific data.

If you’d like more information, please don’t hesitate to contact info@vtmarkets.com.

CURRENCIES:

Gold Price Analysis Following US CPI Data

• Gold prices dropped to a two-month low after US CPI data indicated higher inflation than expected, influencing a hawkish view on Federal Reserve interest rate decisions.
• This inflation report led to higher U.S. Treasury yields and strengthened the U.S. dollar, negatively impacting gold prices.
• If inflation doesn’t decrease, the Fed might postpone interest rate cuts, potentially keeping bond yields and the U.S. dollar high for an extended period, further pressuring gold.

Technical Outlook for Gold

• After breaking below $2,005, gold targeted the 50-day simple moving average around $1,990.
• A further decline could see gold heading towards $1,975, with $1,965 as the next significant level to watch.
• Conversely, a price recovery seems unlikely without positive drivers, but if it occurs, resistance is expected near $2,005 and then around the 50-day simple moving average at $2,030.

STOCK MARKET:

Fed’s Response to Inflation Data in 2024

• The recent hot inflation report supports the Federal Reserve’s cautious stance on rate cuts, with officials signaling a need for more time.
• Market expectations have adjusted, now anticipating a nearly 80% chance of a rate cut by June, a delay from earlier predictions of a May start.

Inflation Metrics Exceed Expectations

Fed Officials and Market Reactions

• Fed Chair Jay Powell emphasized the need for continued good data before adjusting monetary policy, indicating a cautious approach to rate cuts.
• Other Fed officials, including those from the Richmond, Boston, and Cleveland Fed, echoed the sentiment for patience, aligning with Powell’s cautious outlook.

Inflation Data’s Impact on Fed Policy

• Despite some positive inflation trends, the Fed is waiting for a full year of data showing a move towards the 2% target, likely marking June as a critical month.
• Investors had initially hoped for an aggressive Fed response with rate cuts as early as March, but recent statements and data have tempered those expectations.

Political and Economic Implications

• The Fed’s cautious stance places it at the center of potential political controversy, especially in an election year, with figures from both political sides ready to critique the timing of rate cuts.
• The focus on shelter prices and services excluding shelter indicates areas of persistent inflation, with the Fed’s preferred inflation measure, the “core” Personal Consumption Expenditures index, showing more improvement in December than CPI.
• The Bureau of Labor Statistics reported a 0.3% monthly and 3.1% annual rise in the Consumer Price Index (CPI) for January, exceeding forecasts.
• Core inflation, excluding food and gas, also rose more than expected, at 0.4% monthly and 3.9% annually, doubling the Fed’s 2% target.

Start your CFD Shares Trading journey with VT Markets now!

Dear Client,

Affected by international holidays, the trading hours of some VT Markets products will be adjusted. Please check the following link for the remaining affected products:

Notification of Trading Adjustment in Holiday (Updated)

Note: The dash sign (-) indicates normal trading hours.

Friendly Reminder:
The above data is for reference only, please refer to the MT4/MT5 software for specific data.

If you’d like more information, please don’t hesitate to contact info@vtmarkets.com.

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 details:

The above data is for reference only, please refer to the MT4/MT5 software for specific data.

If you’d like more information, please don’t hesitate to contact info@vtmarkets.com.

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 details:

The above data is for reference only, please refer to the MT4/MT5 software for specific data.

If you’d like more information, please don’t hesitate to contact info@vtmarkets.com.

CURRENCIES:

• US Dollar and CPI Data Release: The U.S. dollar’s movement shows uncertainty as the market awaits the crucial U.S. Consumer Price Index (CPI) data. This report, expected to indicate a slowdown in inflation to 2.9% from 3.4%, is seen as vital for future Federal Reserve policy adjustments.
• Focus on January Inflation: The upcoming inflation data is crucial, with analysts predicting a decrease in headline inflation. This potential decline is awaited as a positive development, suggesting progress in the Federal Reserve’s efforts to control inflation.
• Analysis of Gold, USD/JPY, and GBP/USD: The article provides insights into the expected market movements of gold prices, USD/JPY, and GBP/USD, influenced by the inflation report.
• Market Reaction to Inflation Figures: The market’s response to the CPI will depend significantly on whether the actual data aligns with or deviates from expectations. Core inflation figures will be particularly scrutinized for indications of inflation trends.

Possible Outcomes Post-CPI

• If Inflation Remains High: A higher-than-anticipated inflation rate could push yields and the U.S. dollar higher, negatively affecting gold as it delays potential Fed rate cuts.
• If Inflation Is Lower Than Expected: Conversely, CPI figures lower than expected could decrease bond yields and the U.S. dollar, potentially benefiting gold and other precious metals.

STOCK MARKET:

• Inflation Drop Expected: Inflation is anticipated to fall below 3% for the first time since March 2021, marking a significant deceleration from December’s 3.4%.
• Key CPI Data Release: Investors await the January Consumer Price Index (CPI) report, set for release, predicting a headline inflation of 2.9%.
• Core Inflation Analysis: Core CPI, excluding food and gas, is expected to show a yearly rise of 3.7%, with a monthly increase of 0.3%, indicating a slowdown from December’s figures.
• Factors Influencing Core Inflation: Bank of America notes high shelter prices and volatile categories like used cars as reasons for sticky core inflation, but expects shelter inflation to moderate through the year.
• Federal Reserve’s Interest Rate Decision: Despite inflation remaining above the Fed’s 2% target, expectations for rate cuts are being tempered by Federal Reserve Chair Jerome Powell and other Fed officials, citing the need for more evidence of sustainable inflation reduction towards the 2% goal.
• Market Expectations and Fed’s Strategy: Markets are leaning towards the Federal Reserve keeping rates unchanged in March, with potential cuts anticipated in the following meetings, as the Fed aims to build confidence in its inflation-fighting strategy while balancing risks.

Start your CFD Shares Trading journey with VT Markets now!