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 :
24th of February 2024 (Saturday) 02:00 – 10:00 (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. Please refer to MT4/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

CURRENCIES:

• Top of FormThe U.S. dollar pared some losses following the Federal Reserve’s minutes, which advised caution against early rate cuts.
• Despite an uptick in U.S. Treasury yields, the dollar experienced minor losses after the Jan. 30-31 FOMC minutes were released.
• The Fed requires more proof of disinflation before considering easing policy, indicating a delay in the rate cut cycle possibly to the latter half of the year.
• A postponement in rate adjustments may lift U.S. bond yields and the dollar, potentially bringing the DXY index to new highs.
• This situation could hinder gains for EUR/USD and GBP/USD, while USD/JPY and USD/CAD might face fewer obstacles in rising.

STOCK MARKET:

Nvidia’s Sales Forecast Impact: Nvidia’s strong sales forecast has led to a surge in global stock markets, highlighting the growing investor confidence in generative AI.

Record Highs in Japan: The Nikkei 225 index in Japan reached a record peak, a height not seen since 1989, fueled by technology and semiconductor gains.

European Market Reaction: Following Nvidia’s announcement, Europe’s Stoxx 50 futures saw an increase of nearly 0.9%, indicating positive market sentiment across regions.

Revenue Expectations Exceeded: Nvidia’s anticipated first-quarter revenue of $24 billion surpasses previous estimates, signaling robust growth in the tech sector.

Asian Markets Rally: Stocks in South Korea, Taiwan, and China rose, with the Asian shares index reaching its highest level in almost two years, demonstrating regional market strength.

Tech Company Performance: Nvidia’s post-market share increase of up to 11% reflects the high expectations and performance of tech companies, especially in AI.

China’s Market Stabilization: The Chinese government’s interventions to stabilize its stock market have resulted in prolonged gains, showcasing effective regulatory measures.

Global Economic Implications: The rally in global equities, driven by Nvidia’s forecast, underscores the pivotal role of technology and AI in shaping economic landscapes.

Currency and Commodity Movements: The article notes shifts in currency values, with the dollar slipping, and increases in commodity prices such as crude oil and gold.

Anticipated Economic Data Releases: Markets are also responding to expectations for upcoming economic data from the Eurozone and the U.S., which could further influence global financial trends.

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.

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!