CURRENCIES:

· Gold prices surged past the $2,040 mark on Thursday, hitting their highest since early February, though the rise was tempered by a strong U.S. dollar.

· The uptick in gold’s value was partly driven by a drop in U.S. Treasury yields, following an economic report that matched expectations. The January core PCE deflator reported a month-on-month increase of 0.4% and a year-on-year rise of 2.8%, aligning with forecasts.

· Market sentiment was influenced by recent CPI and PPI data, leading to concerns over inflation. However, the Federal Reserve’s preferred inflation metric meeting predictions provided a boost to gold investors, encouraging them to increase their positions.

· Future Outlook: Investors should be cautious, as the initial enthusiasm from Thursday’s gold price rally might wane. The slow pace of disinflation and more relaxed financial conditions could lead the Federal Reserve to postpone its monetary policy easing, potentially putting downward pressure on gold prices.

STOCK MARKET:

· Stocks climbed on Friday following positive US inflation data that alleviated concerns over interest rate hikes, leading to record highs on Wall Street.

· Rate-sensitive technology stocks drove gains, with Europe’s Stoxx 600 index rising 0.4% and US equity futures showing increases. The S&P 500 recorded its 14th record of the year, while the Nasdaq 100 reached a new peak, partly thanks to Nvidia Corp’s record close.

· The Federal Reserve’s preferred inflation metric, personal consumption expenditures, rose at its fastest in nearly a year in January, aligning with economists’ predictions. This, along with jobless claims data indicating a softening labor market, boosted market sentiment.

· Treasuries remained stable after two days of gains, and the dollar index showed little change. The yen depreciated against the dollar following comments from the Bank of Japan Governor, hinting at delayed interest rate hikes.

· China’s factory activity contracted for the fifth consecutive month in February, reflecting ongoing demand challenges, despite a rebound in non-manufacturing activity driven by increased travel and tourism.

· The ongoing slump in China’s home sales highlighted persistent issues in the real estate sector, with a 60% decline in new home sales from major companies compared to the previous year.

· The US inflation report supported the view of a continuing disinflationary trend, reinforcing expectations for Federal Reserve rate cuts in 2024.

· Federal Reserve officials expressed varying views on the timing of interest rate cuts, balancing the need to manage inflation with economic strength indicators.

· Bitcoin maintained its value around $61,000, buoyed by significant inflows into BlackRock Inc.’s iShares Bitcoin Trust.

· Oil prices were poised for a slight weekly increase, with OPEC+ considering extending supply cuts, reflecting ongoing market strength.

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,

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

Maintenance Hours :
Saturday, 2nd March 2024, 02:00 (GMT+2) – Sunday, 3rd March 2024, 24:00 (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. Following the maintenance, it is important to note that the minimum supported version of MT5 will be 4047. Please ensure that your MT5 version is above 4047 to maintain smooth operation. The latest version of MT5 can be downloaded from our official website by navigating to “Trading” → “MetaTrader 5”.

4. The MT4 server remains unaffected by this maintenance and will continue to facilitate transactions without interruption. Please refer to MT5 for the latest update on the completion and market opening time. Our services will be back online once the maintenance is completed.

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,

New contracts will automatically be rolled over as follows:

Please note:

• The rollover will be automatic, and any existing open positions will remain open.

• Positions that are open on the expiration date will be adjusted via a rollover charge or credit to reflect the price difference between the expiring and new contracts.

• To avoid CFD rollovers, clients can choose to close any open CFD positions prior to the expiration date.

• Please ensure that all take-profit and stop-loss settings are adjusted before the rollover occurs.

• All internal transfers for accounts under the same name will be prohibited during the first and last 30 minutes of the trading hours on the rollover dates.

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

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

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

Friendly Reminder:
1. The above data is for reference only, please refer to the MT4/MT5 software for specific data.
2. VT Markets’ MT4/MT5 server time is scheduled to be adjusted from GMT+2 to GMT+3 on 10th March, in alignment with the upcoming daylight saving time. We kindly advise all clients to be aware of the forthcoming announcements for further details regarding specific adjustments.

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

CURRENCIES:

· The U.S. dollar saw a modest increase, with its strength limited by low U.S. Treasury yields, indicating market caution.

· Traders are eagerly awaiting the core PCE deflator data, a key inflation metric preferred by the Federal Reserve, which could significantly impact the central bank’s policy direction and market volatility.

· Predictions for January’s core CPI suggest a 0.4% month-over-month increase and a slight annual deceleration from 2.9% to 2.8%, indicating a minimal shift towards lower inflation.

· Recent CPI and PPI reports for the same period have been significantly higher than expected, suggesting that investors might be underestimating inflation risks, which could lead to surprises in the upcoming data.

· A higher-than-expected PCE report may lead to Wall Street adjusting its expectations for Federal Reserve rate cuts in 2024 and could delay the anticipated easing cycle, potentially increasing U.S. Treasury yields and the U.S. dollar value while negatively affecting gold prices.

· Analysis of FOMC meeting probabilities as of February 28 reflects market anticipation and interest rate expectations.

· The article will also cover technical analyses for currency pairs EUR/USD, USD/JPY, GBP/USD, and gold, focusing on recent price trends and identifying key levels for potential buying or selling pressure, useful for risk management in trading strategies.

STOCK MARKET:

· US stock futures dropped slightly as investors awaited the Federal Reserve’s important inflation metric to discern future interest rate directions. Bitcoin continued its ascent, surpassing $63,000.

· S&P 500 and Nasdaq 100 futures both saw a decrease of around 0.3%, while European stocks experienced slight gains amidst a busy earnings announcement day. Notable movements included Moncler SpA’s rise after exceeding profit expectations, Air France-KLM’s drop due to a fourth-quarter loss, and Anheuser-Busch InBev’s decline after failing to meet profit forecasts.

· The market is preparing for the release of the US core personal consumption expenditure (PCE) data, expected to highlight the Federal Reserve’s challenge in reaching its 2% inflation target. This data could indicate the Fed’s continued cautious approach towards easing monetary policy.

· Asian stock markets improved, led by a rebound in Chinese shares. The yen experienced a notable increase against the dollar following indications from the Bank of Japan that it might end its negative interest rate policy.

· Bitcoin’s value neared $64,000, continuing its growth spurred by new demand from exchange-traded funds, approaching its record high of just below $69,000 set in 2021.

· Treasury yields rose slightly after a bond rally, with the 10-year yield decreasing by four basis points and the two-year yield by six points, as per the previous day’s trading.

· Comments from New York Fed President John Williams and Atlanta Fed chief Raphael Bostic emphasized the ongoing battle against inflation and urged patience with policy adjustments, respectively.

· Market predictions align with Federal Reserve officials’ December projections, anticipating roughly 80 basis points of easing by year’s end, equivalent to three rate cuts.

· The dollar weakened against other currencies, particularly the yen, as traders expect a narrowing interest rate gap between Japan and the US.

· Upcoming key events include economic data releases from Germany and the US, statements from Federal Reserve officials, and PMI reports from China and the Eurozone.

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.

VT Markets, une plateforme de trading en ligne de premier plan, propose des comptes sans swap conçus pour répondre aux besoins des traders qui, en raison de leurs croyances religieuses, ne peuvent pas participer à des échanges comportant des frais de swap. Cet article explore les spécificités des comptes sans swap de VT Markets, répondant aux questions courantes et mettant en lumière les caractéristiques qui rendent ces comptes à la fois uniques et accessibles.

VT Markets propose-t-il des comptes sans swap ?

Oui, VT Markets fournit des comptes sans swap qui fonctionnent comme des comptes de trading CFD standards avec une différence clé : aucun frais de swap n’est appliqué aux échanges tenus pendant la nuit. Il est important de noter, cependant, qu’une petite commission administrative est toujours applicable à ces transactions.

Rappel : Les comptes sans swap avec zéro frais administratifs sont disponibles uniquement pour les traders de certains pays et régions. Pour plus de détails, il est recommandé de contacter notre équipe de support client.

Quels frais et charges s’appliquent ?

Les clients utilisant les comptes sans swap de VT Markets seront soumis aux spreads Standard STP. De plus, une commission/administration (Wakeel) est prélevée, couvrant les dépenses liées à l’administration.

Pourquoi y a-t-il une commission administrative ?

La commission administrative sur les comptes sans swap est nécessaire pour couvrir les coûts associés au maintien des positions ouvertes sur les marchés mondiaux. VT Markets répercute les frais facturés par les fournisseurs de liquidité pour garder les positions ouvertes, assurant un accès juste et transparent aux opportunités de trading.

Qui peut utiliser les comptes sans swap ?

Ces comptes sont spécifiquement conçus pour les traders Forex qui, pour des raisons religieuses, ne peuvent ni recevoir ni payer de swaps. VT Markets vise à fournir aux traders de confession musulmane un accès équitable aux marchés mondiaux grâce à ces comptes spécialisés.

Ouvrir un compte sans swap avec VT Markets

Ouvrir un compte sans swap avec VT Markets suit le processus d’inscription de compte régulier, où vous aurez l’option de sélectionner le type de compte sans swap. Rappelez-vous, les comptes avec zéro frais administratif sont limités à certains pays et régions, donc la consultation avec le support client est conseillée pour plus de clarté.

VT Markets fournit-il des prêts pour le trading sur les comptes sans swap ?

VT Markets n’offre pas de prêts aux clients. La plateforme facilite le trading sur marge, où le financement est fourni par les fournisseurs de liquidité, qui facturent ensuite une commission administrative. Cette commission est communiquée aux clients via la plateforme MT4.

Justification de la commission administrative et des spreads

La commission administrative et les spreads facturés sur les comptes sans swap sont des charges légitimes et justifiées pour les services fournis par VT Markets. Ces frais sont mis en place à la place des intérêts ou des charges de swap trouvés dans les comptes conventionnels, maintenant la conformité Shariah de ces comptes.

Base Shariah pour les comptes sans swap

Le fonctionnement des comptes sans swap de VT Markets est basé sur les principes financiers islamiques. La relation entre VT Markets et ses clients est celle de Wakalah (agence), où VT Markets agit en tant qu’agent gérant les comptes. La relation avec les fournisseurs de liquidité est définie comme Qardh (prêt), gérée sous un mandat signé par VT Markets, assurant la conformité avec la loi Shariah.

Ségrégation et protection des fonds

VT Markets assure la conformité Shariah en séparant les fonds Shariah des fonds conventionnels, tous les fonds des clients étant détenus dans des comptes ségrégués auprès de banques réputées mondialement. Ceci garantit la protection et l’intégrité de vos investissements.

Quels spreads sont facturés ?

Les clients avec des comptes sans swap sont soumis aux spreads Standard STP ou RAW ECN, assurant une tarification compétitive et transparente pour toutes les transactions.

Renseignez-vous sur le compte sans swap avec VT Markets

Pour toute demande ou pour demander un compte sans swap, contacter l’équipe de support client de VT Markets est la meilleure démarche à suivre. Contactez-nous !

Apprenez-en plus sur le compte sans swap de VT Market ici.