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.

This week, market participants prepare for important economic events such as the release of Canada’s Gross Domestic Product (GDP) and Consumer Price Index (CPI), in addition to Australia’s CPI.

Traders are anticipated to keep a close watch on these critical updates to tailor their strategies and acquire valuable knowledge about the financial markets.

Remember to stay updated with a summary of noteworthy developments.

Canada Consumer Price Index (27 June)

Canada’s CPI rose 0.7% in April 2023 compared to March 2023 figures. 

Analysts anticipate a 0.5% increase for May data, set to be released on 27 June.

Australia Consumer Price Index (28 June)

Australia’s CPI saw a 6.8% increase in the year leading up to April 2023, a rise from the 6.3% gain observed in the year ending in March 2023 – the lowest in 10 months. 

Analysts predict a slower growth of 6.4% for the data covering the year to May 2023, set for release on 28 June.

Stay tune for more Market Analysis with VT Markets

German Prelim Consumer Price Index (29 June)

CPI in Germany experienced a 0.10% decrease in May 2023 compared to the previous month, marking the first decline in five months. 

CPI data for June will be published on 29 June, with analysts predicting a 0.3% increase.

Canada Gross Domestic Product (30 June)

Canadian economy displayed no growth in March 2023, as service-producing industries stagnated and goods-producing industries saw a minor 0.1% decline. 

Analysts anticipate a 0.2% growth for April 2023 data, scheduled for release on June 30.

US Core PCE Price Index (30 June)

US Core PCE prices, excluding food and energy, experienced a 0.4% month-over-month increase in April 2023. 

The data for May 2023 is set to be released on 30 June, with analysts expecting 0.3% growth.

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.

Sydney, Australia, 19 June 2023 – Over a month into the campaign, the King of the Hill Trading Contest, organised by leading online trading platform VT Markets, has been a rousing success thus far. The contest, which began on 1 May 2023, has attracted over 200 participants from 14 countries worldwide, all competing for international recognition and a share of the whopping total prize pool of US$60,000.

Traders across Europe, Southeast Asia, and Greater China are competing to see who can grow the most profits and be the King of the Hill. As of writing, the Southeast Asia competition has the highest profit margins, with the competing traders racking up $7679.51 so far, compared to Europe’s $1249.17 and Greater China’s $3,283.45. Southeast Asia also has the highest profit rates of all the regions. Most profits have been generated through trading XAUUSD, GBPJPY, and BTCUSD, which have been the three most popular trading products at the contest’s halfway mark.

The King of the Hill Trading Contest, which is currently in its second iteration, will run until 31 July 2023, leaving a lot of time left for traders to outwork the competition. VT Markets believes that the competition’s success shows how far the competition has come, and how far it can still go.

“It’s very encouraging to know that this is just the second time we’ve held this contest, and yet, we already have many traders taking on the challenge to be the best,” said a company representative. “At VT Markets, we take a lot of pride in contests like this, which not only offer participants the opportunity to earn substantial rewards but also enable them to showcase their expertise while refining their trading skills on our platform.”

Outside of the cash prize pool, the top performers will also be featured on VT Markets’ Wall of Fame, allowing them to grow their influence and establish themselves among the world’s elite traders. The success of this contest serves as a testament to the growth and potential of the industry, and VT Markets looks forward to witnessing even more exceptional achievements in future competitions.

About the Company:

VT Markets is a regulated multi-asset broker with a presence in over 160 countries. Since its inception in 2015, the company has set out to make trading a simple and more accessible experience for everyone. As of today, VT Markets has emerged as one of the world’s top brokers, recently adding a haul of seven awards to its growing list of accolades.

For more information, please visit the official VT Markets website. Alternatively, follow VT Markets on Meta, Instagram, or LinkedIn.

For media enquiries and sponsorship opportunities, please email media@vtmarkets.com

This week, markets brace for key events, including interest rate releases from the Bank of England and Swiss National Bank. Traders are expected to monitor these crucial announcements to shape their strategies and gain insights into the financial landscape. Stay tuned for a round-up of significant market developments. 

UK Consumer Price Index (21 June 2023)

UK’s CPI fell to 8.7% year-on-year in April 2023, the lowest since March 2022, due to a sharp slowdown in electricity and gas prices. 

The next CPI data is set to be released on 21 June, with analysts expecting the index to drop further to 8.4%.

Swiss National Bank Rate Statement (22 June 2023)

The SNB raised its policy rate by 50 bps to 1.5% in its March meeting, following a similar move in December 2022. 

Some analysts expect the next rate hike will be by another 50bps to 2.0%.

Bank of England Rate Statement (22 June 2023)

The BoE raised the bank rate by 25bps to 4.5% in May 2023, marking the twelfth consecutive rate increase. 

Some analysts anticipate that the next rate hike will amount to an additional 25 bps, bringing the interest rate to 4.75%.

German, UK and US Flash Manufacturing PMI (23 June 2023)

In May 2023, Germany’s Manufacturing PMI rose slightly to 43.2 but remained at a three-year low, while the UK’s and US’s PMIs dropped to 47.1 and 48.4, respectively. 

Analysts predict Manufacturing PMIs for June 2023 as follows: Germany at 43, the UK at 46.5, and the US at 49.7.

German, UK and US Flash Services PMI (23 June 2023)

In May 2023, US Services PMI dipped to 54.9 but remained robust since April 2022, while Germany’s hit a year-high of 57.2. The UK’s reached 55.2, marking four months of growth. 

Analysts predict Services PMIs for June 2023 as follows: Germany at 57.5, the UK at 54.4, and the US at 53.

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.