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:

Key Highlights:

• The US dollar shows uncertainty with market anticipation of pivotal US data.
• Core PCE data release on Thursday is in the spotlight, influencing investor focus.
• Analysis includes a detailed technical perspective on EUR/USD and GBP/USD pairs.

Trading Opportunities:

• Diego Colman recommends checking the free Top Trading Opportunities Forecast.

Market Dynamics and Predictions:

• The US dollar’s movement was minimal, with mixed responses from US Treasury yields.
• Market participants are cautious, waiting for the core PCE deflator data.
• Expected January core PCE rise of 0.4% month-on-month, with a slight decrease in the annual rate from 2.9% to 2.8%.

Inflation and Interest Rates:

• Concerns of higher than expected CPI and PPI could mirror in the PCE report, affecting inflation expectations.
• A higher inflation figure may delay the Federal Reserve’s rate cuts, impacting bond yields and potentially strengthening the US dollar.

STOCK MARKET:

• Wall Street’s optimism grows as the S&P 500 exceeds 5,000 points, with strategists predicting a quicker climb to the next 1,000 points.
• Barclays raises its year-end S&P 500 target to 5,300, up from 4,800, buoyed by strong Big Tech earnings and a robust US economy.

Bull Case Scenario:

• Barclays suggests a potential rise to 6,050 for the S&P 500 if Big Tech’s earnings outshine expectations.
• The analysis sees a tilt toward bullish outcomes, forecasting economic growth over a mild recession.

Key Factors:

• Continued success in Big Tech and a rebound in other sectors’ earnings could propel the S&P 500 to new heights.
• Krishna from Barclays anticipates the S&P 500 could reach 6,050, based on $252 earnings per share.

Similar Predictions:

• Capital Economics and Yardeni Research share optimistic views, with targets of 6,000 by 2025 and 6,500 by 2026 respectively.
• Ed Yardeni emphasizes the US economy’s productivity growth and tech advancements as major drivers.

Market Attractiveness:

• The US market’s standout performance, especially compared to China, is highlighted as a key investment allure.
• Yardeni stresses the role of productivity and technological innovation in fuelling market gains.

AI’s Impact and Bubble Dynamics:

• John Higgins of Capital Economics links the S&P 500’s potential to reach 6,500 by the end of 2025 to the AI technology bubble.
• The current market bubble, driven by AI, is likened to the dot-com era but with significant room for growth

Start your CFD Shares Trading journey with VT Markets now!

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.

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:

• The DXY index, which measures the US dollar’s performance, showed limited movement on Monday despite a slight increase in US Treasury yields.
• Investors are adopting a cautious approach in anticipation of Thursday’s core personal consumption expenditures (PCE) deflator release, a critical inflation measure favored by the Federal Reserve.
• January’s core PCE is anticipated to rise by 0.4% from December, potentially reducing the annual rate from 2.9% to 2.8%, indicating a modest yet positive development.
• There’s a possibility that the actual figures could exceed expectations, mirroring recent trends seen in CPI and PPI reports, which could impact traders’ outlooks.

Upcoming US PCE Report Analysis:

• An unexpected increase in the PCE data might lead to higher interest rate expectations, suggesting a delayed start or smaller reductions in the easing cycle by policymakers.
• Such a scenario would likely result in higher US Treasury yields, benefiting the US dollar.

Technical Analysis of USD Currency Pairs:

• The latter part of the article shifts focus to the technical analysis of EUR/USD, USD/CAD, and USD/JPY currency pairs.
• It will explore market sentiment and pinpoint crucial support and resistance levels that may influence the pairs’ movements in the near future.

STOCK MARKET:

Market Performance:

• The Dow Jones Industrial Average (^DJI) decreased by 0.2%.
• The S&P 500 (^GSPC) dropped by 0.4% after reaching new highs last week.
• The Nasdaq Composite (^IXIC) experienced a 0.1% decline, following a strong performance in tech stocks.

Inflation Data Anticipation:

• Investors are on edge as they await new inflation figures that could challenge the recent stock market rally, particularly after Nvidia’s (NVDA) impressive results.
• Concerns are mounting over a potential surprise in the upcoming Thursday PCE index report, the Federal Reserve’s favored inflation measure, especially after a higher-than-expected CPI report earlier in February led to market volatility.

Economic Indicators and Corporate Results:

• This week’s inflation report is a key focus, alongside updates on consumer and manufacturing sectors, which will provide insights into the US economy’s condition.
• Berkshire Hathaway (BRK-B) is nearing a $1 trillion market valuation following a record annual profit, with Warren Buffett highlighting the company’s durability and acknowledging Charlie Munger’s contributions.
• Domino’s Pizza (DPZ) shares surged 6% after announcing a dividend increase and surpassing fourth-quarter sales forecasts.
• Coinbase (COIN) shares rose 16% as Bitcoin (BTC-USD) remained above $54,000, reflecting positive sentiment in the cryptocurrency market.

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CURRENCIES:

• Market confidence surged, led by Nvidia’s strong Q1 2024 forecast.
• Nvidia’s success propelled the S&P 500 to record highs; Japanese index topped after 34 years.
• Gold prices climbed, and the USD sought equilibrium amidst positive market sentiments.
• Anticipated January PCE inflation results could prompt continued USD decline and boost gold.
• Sterling remained strong with minimal impactful data expected to affect its position.
• The Euro’s rally against major G7 currencies may be losing momentum as the week ended.

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)

• Focus on new inflation data this week, particularly the PCE index reading on Thursday.
• S&P 500 and Dow Jones both closed at record highs, with about 1% weekly gains.
• Nasdaq Composite also up, with a 0.6% increase.
• Upcoming inflation data could challenge recent stock market highs.
• Consumer confidence, manufacturing updates, and earnings from Salesforce, Lowe’s, Macy’s, Okta, and Best Buy are anticipated.
• A previous CPI report caused a market sell-off; a similar reaction might occur with the PCE inflation report.
• Economists expect January’s “core” PCE at 2.4% annually and 0.4% monthly, signaling potential inflation concerns.
• Market now anticipates three interest rate cuts in 2024, adjusting from previous expectations.
• Retail sector earnings in focus, with consumer spending trends under examination.
• Federal Reserve’s latest decision keeps interest rates unchanged.
• Citi’s analysis suggests the market hasn’t reached “euphoria” levels yet, indicating potential for further growth.

Start your CFD Shares Trading journey with VT Markets now!

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.