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.
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.
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.
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.
Overview of Market Trends: In the past week, gold prices spiked, the U.S. dollar soared, and the EUR/USD and GBP/USD pairs slumped.
U.S. Inflation Developments: U.S. inflation rates have risen, leading to a reduction in expectations for interest rate cuts. Originally anticipated rate cuts are now expected no earlier than the third quarter.
U.S. Dollar and Treasury Yields: The reassessment of U.S. interest rates has resulted in a sharp increase in the U.S. dollar and multi-month highs in U.S. Treasury yields.
Gold and Silver Prices: Despite high U.S. interest rates, gold reached new all-time highs before experiencing a significant drop. Silver also displayed high volatility, peaking before falling by the end of the week.
Currency Pairs Analysis: Renewed strength in the U.S. dollar has pushed the EUR/USD and GBP/USD to five-month lows.
Key Economic Events Next Week: Important upcoming events include U.S. retail sales, UK inflation and labor data, and economic sentiment indicators from Germany and the Euro Area.
Special Mention – Apple: Apple’s stock rose sharply after announcing an update to its MacBook line with the new M3 chip, approaching a key resistance level.
STOCK MARKET:
Key Market Insights for the Week:
Anticipation of more bank earnings including those from Bank of America, Goldman Sachs, and Morgan Stanley.
Netflix and United Airlines will also present their quarterly reports.
A focus on retail sales with the March update scheduled for release on Monday.
Economic Climate Overview:
Increased market anxiety due to persistent inflation may delay Federal Reserve rate cuts.
Economists are now predicting the Fed to hold interest rates steady until at least fall 2024, with a potential rate cut possibly delayed until December.
Bank Earnings Reports:
Recent earnings from JPMorgan Chase, Wells Fargo, and Citigroup showed a dip in net interest income, underwhelming market expectations.
Upcoming earnings from additional major banks will provide further insights into the impact of higher interest rates on the financial sector.
Consumer Spending Trends:
Despite previous declines, retail sales are expected to have risen by 0.4% in March, following a rebound in February.
Continued strong wage growth suggests consumer spending might remain robust.
Market Strategy and Expectations:
Financial markets and strategists are closely monitoring company earnings for signs of demand resurgence and revenue growth, which are critical for sustaining the market rally.
Earnings performance this season is deemed “critical” for market optimism, amidst a backdrop of cautious economic forecasting.
As the third week of April 2024 approaches, financial markets and policymakers around the globe are gearing up for a series of important economic reports. These releases are expected to provide valuable insights into the state of inflation, employment, and retail activity across major economies. Each day brings a new set of data that could influence global economic policies and investment strategies. Here’s a detailed breakdown of the key reports to watch each day:
Canadian inflation rate
The focus on Tuesday will be on Canada, where the annual inflation rate in February 2024 slowed to 2.8% from 2.9% in January, marking the lowest rate since June 2023. Analysts are projecting a further decline to 2.7% for March, with these figures set to be released on 16 April. This data could influence future monetary policy decisions by the Bank of Canada as it navigates economic stability.
UK inflation rate
Attention shifts to the United Kingdom on Wednesday, where the inflation rate showed a reduction to 3.4% year-on-year in February 2024, down from 4% in the previous months. With analysts forecasting a further drop to 3.1% in March, the upcoming release will be critical for policymakers and could impact the Bank of England’s monetary strategies.
Australia employment change
Midweek will bring insights from down under, as Australia reports its employment data. February saw a robust increase in employment by 116.5K. However, projections for March are more conservative, with an expected rise of only 7.2K. This data, crucial for assessing the health of the Australian economy, is set to be released on 18 April and will likely influence the Reserve Bank of Australia’s future decisions.
UK retail sales
The week continues with more data from the UK, specifically retail sales figures on Friday. Following a stable February with unchanged retail sales volumes after a 3.6% increase in January, analysts are predicting a modest increase of 0.3% in March. This indicator will provide further clues about consumer confidence and spending, which are essential for economic recovery assessments.
Each of these indicators not only reflects the economic conditions within their respective countries but also contributes to the broader global economic narrative. As policymakers, investors, and analysts await these updates, the implications for global financial markets and future economic policies will be significant. The data released throughout the week will offer vital clues on the direction of global economic recovery and growth in 2024.
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.
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 
