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:

• Top of Form U.S. Dollar Performance Pre-Fed Minutes: The U.S. dollar experienced a slight decline due to subdued U.S. yields, with a lack of significant market drivers on Tuesday.
• Anticipation for FOMC Minutes Release: Market volatility is expected to increase with the upcoming release of the FOMC minutes, which could shed light on the Fed’s inflation outlook and potential timing for rate cuts.
• Fed’s Stance on Rate Cuts: Recent statements by Fed officials suggest a cautious approach to immediate rate cuts, which could lead to higher U.S. Treasury yields and strengthen the dollar.
• Potential Market Reactions: If the FOMC minutes indicate a possibility of earlier easing, it may result in lower yields and a weaker dollar, whereas a confirmation of a delayed easing cycle could bolster the dollar.
• Technical Analysis for USD Currency Pairs: The article will focus on the technical analysis of major USD pairs, including EUR/USD, GBP/USD, and USD/JPY, highlighting key price levels for traders.

STOCK MARKET:

• Nvidia’s Q4 earnings are viewed as a crucial test for the AI sector, with expectations for a 234% surge in revenue.
• The company’s stock has seen a remarkable 184% increase over the past year, outperforming rivals like AMD and Intel.
• Despite a brief moment as the third-most valuable company globally, Nvidia was surpassed by Amazon and Alphabet as of the latest update.
• For Q4, projections are set for Nvidia to report earnings of $4.60 per share on $20.4 billion in revenue, a significant jump from the previous year.
• The Data Center segment, fueled by demand for AI, is anticipated to report $17.2 billion in revenue, a dramatic increase from the year before.
• Meta plans to incorporate 350,000 Nvidia H100 chips into its AI data centers by end of 2024, indicating substantial revenue for Nvidia.
• Gaming revenue is also expected to rise, from $1.8 billion to $2.7 billion.
• Forward guidance from Nvidia will be closely watched for indications of sustained AI market strength.
• Analysts have raised their price targets for Nvidia, reflecting optimistic expectations.
• Nvidia faces competition from AMD and Intel in AI chips and challenges from companies developing their own AI chips, including Amazon and Google.
• Nvidia is addressing the threat of customized AI chips by discussing potential collaborations with major tech firms.
• U.S. export restrictions to China pose a challenge for Nvidia, but the company does not anticipate an immediate financial impact.

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,

To provide our valued clients with an enhanced trading environment, VT Markets will adjust certain trading conditions for STP account on February 26, 2024:

Friendly reminder:

1. All account settings stay the same except for the above adjustments.

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

CURRENCIES:

• Top of FormEuro’s Minor Decline: In a holiday-affected market, the Euro slightly dropped against the US Dollar.
• Persistent Downtrend: The Euro continues its year-long downtrend.
• Anticipation for German PMI: Market eyes are on Germany’s PMI data release this week, which could influence movement.
• US Market Closure: The US market was mostly inactive due to Presidents’ Day, with significant trading expected to resume later in the week.
• Upcoming Fed Minutes: Federal Reserve’s last meeting minutes are due Wednesday, potentially impacting market despite shifted rate-cut expectations to June.
• German Economic Indicator: Thursday’s German Purchasing Managers Index (PMI) is forecasted to show continued manufacturing contraction, potentially affecting the Euro.
• ECB’s Rate Decision: High interest rates remain as the European Central Bank (ECB) awaits clearer signs of inflation control, with no immediate rate cuts expected.

STOCK MARKET:

• Earnings: Barclays (BCS), Caesars Entertainment (CZR), Diamondback Energy (FANG), Home Depot (HD), KBR (KBR), Medtronic (MDT), Palo Alto Networks (PANW), Teladoc Health (TDOC), Toll Brothers (TOL), Walmart (WMT).
• Economic news: Philadelphia Fed Non-Manufacturing Activity, February (-3.7 previously); Leading index, January (-0.3% expected, -0.1% prior).
• Nvidia’s Earnings Report: Nvidia’s earnings, significant for its AI leadership, are set for release on Wednesday, marking a pivotal moment in a shortened trading week due to the Presidents’ Day holiday.
• Market Recovery and Performance: Despite a dip from an unexpected inflation report, the S&P 500 hit a record high, while the Dow Jones and Nasdaq experienced slight movements.
• Economic Data’s Impact: Recent CPI, PPI, and retail sales data have challenged the soft-landing narrative, affecting investor sentiment regarding Federal Reserve rate cuts.
• Investor Sentiment Shift: Expectations for the Fed’s interest rate cuts have been adjusted, with a June cut now more likely than earlier anticipated.
• Broader Market Outlook: Despite challenges, the overall market narrative remains unchanged, with AI stocks surging and a general expectation for policy recalibration within the year.

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.

CURRENCIES:

Overview of Market Trends for the Week Ahead:

• US stock indices and gold prices recovered their losses following concerns over US inflation.
• Persistent inflation at the producer and consumer levels in the US didn’t deter the stock indices, which remained close to multi-year highs.

Inflation and Market Reactions:

• This week’s US inflation data drove Treasury yields and the US dollar up as markets adjusted expectations for US interest rate cuts.
• Above-expected US CPI and PPI figures boosted the US dollar, initially causing a decline in US indices. However, these effects were largely reversed by the week’s end, stabilizing most markets.

Market Volatility and Recovery:

• The VIX chart showed mid-week volatility with a significant rise post-US CPI announcement, which was later mitigated in the following days.
• Despite fluctuations, US indices closed the week near their recent highs.

International Market Performance:

• The FTSE 100 stood out by performing strongly against its global counterparts, supported by positive UK economic data and a slight rise in the US dollar, benefiting from the fact that around 70% of its company earnings are generated overseas.

STOCK MARKET:

• Goldman Sachs raises S&P 500 target to 5,200 due to profit expansion.
• The firm increased its forecast following the stock market surpassing the 5,000 milestone.
• This marks the second time Goldman Sachs has updated its S&P 500 target for 2024.
• The new target suggests a 3.9% increase from the current level, adjusting the forecast up from 5,100 to 5,200.
• Initially, Goldman Sachs predicted the S&P 500 would reach 4,700 by year-end.
• Goldman’s 5,200 target now aligns with optimistic projections from Wall Street analysts like Tom Lee and John Stoltzfus.
• The firm also revised its earnings-per-share forecast for the S&P 500, anticipating stronger growth in tech and communication sectors.
• Despite the upward revision, Goldman Sachs expects valuation multiples to stay near present levels, emphasizing earnings growth as the key to further gains.
• The S&P 500 has seen a 4.9% increase this year, driven by Federal Reserve policy shifts and AI-driven tech stock rallies.
• Wall Street peers, including Bank of America, consider raising their targets, suggesting the median S&P 500 forecast might be too conservative.
• Even bearish analysts like Morgan Stanley’s Michael Wilson acknowledge the potential for broader market gains, though Wilson’s target implies a potential decline.

Start your CFD Shares Trading journey with VT Markets now!