In response to the upcoming high market volatility for TRY Forex during the Turkish election, there will be adjustments for the products on March 28, 2024. Please check the details below:
1. EURTRY and USDTRY leverage will be adjusted from 20:1 to 5:1
2. EURTRY and USDTRY will be set to close only effective on March 28, 2024
Friendly reminders:
1. All product settings stay the same except for the above adjustments.
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.
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.
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.
As we approach the end of March 2024, the world’s economic eyes are set on key indicators that are poised to shed light on the health and direction of major economies, including Australia, Canada, and the United States. These indicators, ranging from consumer prices and GDP growth to housing market dynamics and core inflation rates, are critical barometers for financial markets and policy decision-making. Here’s a brief overview of what’s expected in the coming days.
Australia’s Consumer Price Index Holds Steady
On the Australian front, the Consumer Price Index (CPI), a measure of inflation reflecting the annual price change of goods and services, remained stable at 3.4% in the year to January 2024, mirroring the figure from the previous month. This steadiness suggests a consistent economic environment down under. However, eyes are now on the upcoming CPI release for February 2024, anticipated on 27 March, with analysts forecasting a slight uptick to 3.6%. Such an increase, if realized, could signal mounting inflationary pressures within the Australian economy.
Canada’s Economic Growth: A Subtle Uptick Expected
Moving to Canada, the Gross Domestic Product (GDP), the broadest measure of economic activity, showed no growth in December, falling short of the preliminary estimates that had predicted a 0.3% advance. This stagnation has placed increased importance on the upcoming January 2024 GDP figures, expected to be disclosed on 28 March 2024. Analysts remain optimistic, projecting a modest growth of 0.2%, which could mark a turnaround for the Canadian economy if achieved.
U.S. Economic Performance and Housing Market Dynamics
In the United States, the final GDP numbers for Q4 2023 revealed a 3.2% annualized growth rate, slightly below the advance estimate of 3.3% but following a robust 4.9% growth rate in Q3. The focus now shifts to the first quarter of 2024, with the GDP figures due on 28 March 2024. Analysts are aligning their forecasts with the previous quarter’s performance, expecting a 3.2% growth rate.
Simultaneously, the U.S. housing market seems to be experiencing turbulence. January 2024 saw a significant 4.9% drop in pending home sales, marking the largest decline since August 2023. The forecast for February, however, suggests a potential rebound, with a 1.5% increase in pending home sales anticipated when the data is released on 28 March 2024.
Core Inflation in the U.S.: A Close Watch
Lastly, the U.S. core Personal Consumption Expenditures (PCE) price index, which excludes volatile food and energy prices and is closely watched by the Federal Reserve, increased by 0.4% from the previous month in January 2024. This uptick was the most significant since February 2023. The upcoming release on 29 March 2024, for February’s figures, is predicted to show a slightly lower growth rate of 0.3%. This slight deceleration could signal easing inflationary pressures, a development likely to be closely scrutinized by policymakers and investors alike.
As we await these economic indicators, their collective outcomes will not only reflect the current state of affairs but also hint at the global economic trajectory for the months ahead.
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.
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.
Ever wonder how some traders seem to predict market movements before they even happen? They are likely using a strategy called “trading on news.” It’s like being a financial detective, staying on the lookout for the latest updates in the world of finance.
Imagine this: a company you’ve been eyeing releases a stellar earnings report. You catch wind of it before everyone else does, and you decide to buy their stock. As the news spreads and others catch on, the stock price climbs, and you’ve just made a smart investment before the rush.
In this guide, we will explore trading on news, why it’s crucial, and how it gives you an edge in navigating the market. Let’s dive in!
Understanding market news
When it comes to trading, staying informed about market news is like having a secret weapon in your arsenal. Here is a quick rundown of the types of news that can shake up financial markets:
Economic indicators: Keep an eye on key metrics like gross domestic product (GDP) and unemployment rates. These indicators provide valuable insights into the health of an economy and can significantly impact market sentiment.
Corporate earnings reports: A company’s earnings report can make or break its stock price. Positive earnings often lead to a surge in stock prices, while disappointing reports can send them plummeting.
Geopolitical events: From elections to trade wars, geopolitical events can have far-reaching effects on financial markets. Understanding how these events may impact economies and industries can help you make more informed trading decisions.
Central bank announcements: Central banks wield significant influence over monetary policy, interest rates, and currency values. Pay close attention to their announcements, as they can cause rapid shifts in the market.
Assessing credibility and reliability
In a world flooded with news sources, it’s crucial to discern fact from fiction. Here are some tips for assessing the credibility and reliability of news sources:
Look for reputable sources known for accurate reporting and unbiased coverage.
Cross-reference information from multiple sources to verify its accuracy.
Be cautious of sensationalised headlines or rumours spread through social media.
Consider the source’s track record and expertise in financial reporting.
Assessing news impact on assets
Different news can impact various assets differently. For instance, an increase in oil prices may benefit energy stocks but could harm airlines. Identifying which assets are affected by specific news is key to making informed decisions.
When news hits, it’s essential to anticipate how it will affect assets. Will it lead to a bullish (upward) or bearish (downward) outcome? Moreover, consider if the impact will be short-term, causing a quick price fluctuation, or long-term, influencing the asset’s value over time.
Fear and Greed Index sentiment analysis toll source: CNN
Sentiment analysis tools are like a crystal ball for traders, offering insights into market sentiment and investor emotions. By gauging how the market is feeling, you can better predict how asset prices might fluctuate in response to the news.
Executing trades based on news
Trading on news isn’t just about reacting to headlines—it’s also about mastering the mental game. Here’s how to execute trades effectively while keeping your emotions in check:
Timing entry and exit points
Timing is everything in trading, especially when news hits. You’ll need to strike while the iron is hot, but also avoid making rash decisions driven by fear or greed. Stay disciplined and stick to your trading plan, whether it’s entering a trade at the right moment or knowing when to cut your losses.
Choosing suitable trading instruments
Different news events can impact various financial instruments differently. Whether you’re trading stocks, forex, or commodities, choose instruments that align with your trading strategy and risk tolerance. Consider factors like liquidity and volatility to ensure you’re making the most informed decisions.
Considering market volatility and liquidity
News can cause sudden spikes in volatility and liquidity, making the market more unpredictable. Factor in these fluctuations when executing trades, and be prepared to adapt your strategy accordingly. Stay nimble and avoid overexposing yourself to unnecessary risks.
Practicing discipline and patience
Successful trading requires discipline and patience. Maintain objectivity, even when emotions are running high, and avoid making impulsive decisions. Remember that losses are inevitable in trading—they’re simply part of the learning process. Embrace them as opportunities to grow and improve your skills.
Developing a news trading strategy source: Canva
Developing a news trading strategy
Crafting a successful news trading strategy involves a blend of foresight, analysis, and adaptability. Here’s how to get started:
Personalised trading plan: Your trading plan is your roadmap to success. Tailor it to your risk tolerance, financial goals, and trading style. Define clear entry and exit criteria, risk management rules, and profit targets to keep your trading disciplined and consistent.
Integrating news analysis: Blend fundamental and technical analysis, such as the insights provided by VT Markets, with news analysis to form a comprehensive trading approach. Understand how news events impact market sentiment and asset prices, and incorporate this knowledge into your trading decisions.
Backtesting strategies: Before putting your strategy into action, backtest it using historical data. This allows you to assess its performance under various market conditions and fine-tune it for optimal results. Pay attention to how it performs during news-driven events to ensure it is robust and reliable.
Continuous adaptation: The market is constantly evolving, so your strategy should too. Stay adaptable and flexible, adjusting your approach as market dynamics change. Regularly review your trading plan, analyse your performance, and make necessary tweaks to stay ahead of the curve.
In conclusion, trading on news offers a dynamic avenue for capitalising on market shifts fuelled by real-time information. By integrating news analysis into personalised trading plans, traders can navigate the market with confidence. With the right approach, anyone can leverage news to make informed decisions and achieve financial goals in the ever-evolving world of trading.
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.
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.
As part of our commitment to provide the most reliable service to our clients, we have completed the MT5 maintenance and upgrade on 16th March, 2024.
If you have login issue on the MT5 software, please follow the instructions below to ensure successful login of your PC and Mobile version of MT5 live and demo accounts:
1. To make sure the new version of MT5 can work successfully, please completely uninstall the original MT5 software.
3. After successful installation of new MT5, log into your live trading account with your current Master Password and follow the MT5’s system instructions to reset the Master Password.
4. If you forget the current Master Password, you can log into the Client Portal to reset your Master Password first. However, you will still need to again reset the Master Password after logging into MT5.
5. Your MT5 Demo account is set to expire. Should you require continued access, kindly create a new MT5 demo account through the client portal.
6. MT4 trading software is not affected by the above and can maintain the original master password.
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.
VT 
