Going into the last week of October will focus on key market events that could influence the near-term economic landscape.

The Federal Reserve’s interest rate decision, set for Wednesday, will be a primary driver for markets. Analysts largely anticipate that the Fed will maintain the current rate, following last week’s positive job data and balanced inflation trends.

KEY ECONOMIC INDICATORS

Japan BoJ interest rate decision – 30 October 2024:

• The Bank of Japan (BoJ) announces its interest rate decision after each of the Bank’s eight scheduled annual meetings.
• Generally, if the BoJ is hawkish about the inflationary outlook of the economy and raises interest rates it is bullish for the Japanese Yen (JPY).
• Likewise, if the BoJ has a dovish view on the Japanese economy and keeps interest rates unchanged, or cuts them, it is usually bearish for JPY.

Earnings, CPI and PPI reports:

• Earnings season is still active, with reports from prominent tech firms including Intel and Adobe expected this week.
• Analysts will also examine the latest Consumer Price Index (CPI) and Producer Price Index (PPI) figures, scheduled for Tuesday and Wednesday, which could affirm whether inflation remains on a downward trajectory, supporting the Fed’s stance on rates.

NFP employment release:

• Nonfarm payrolls surged by 254,000 in September, up from a revised 159,000 in August and better than the 150,000 Dow Jones consensus forecast.

• The unemployment rate fell to 4.1%, down 0.1 percentage point, as the survey of household employment showed an even stronger picture, with a gain of 430,000.

MARKET MOVERS

S1-S3 mean potential Support points. If the market declines further, these are the potential levels it can reach.

R1-R3 mean potential Resistance points. If the market starts to increase again, these are the potential levels it can reach.

EUR/USD

Potential Long preference

Long positions above 1.08328 with targets at 1.08450 & 1.08571 in extension.

Alternative scenario

Below 1.08149 look for further downside with 1.08037 & 1.07941 as targets.

The pair’s near-term outlook points to a bullish tilt.

USD/JPY

Potential Short preference

Short positions below 151.583 with targets at 151.136 & 150.896 in extension.

Alternative scenario

Above 152.199 look for further upside with 152.384 & 152.729 as targets.

As long as the resistance at 152.199 is not surpassed, the risk of the break below 151.583 remains high.

GBP/USD

Potential Long preference

Long positions above 1.29945 with targets at 1.30092 & 1.30306 in extension.

Alternative scenario

Below 1.29610 look for further downside with 1.29499 & 1.29263 as targets.

A support base at 1.29610 has formed and has allowed for a temporary stabilisation.

Market instruments to look out for this week:

• EUR/USD
• USD/JPY
• GBP/USD
• Nasdaq100
• XAU/USD

MARKET NEWS

Why the Japanese yen is hovering near three-month lows against the dollar

• The Japanese yen is hovering near three-month lows against the U.S. dollar, after hitting 153.18 late Wednesday.
• The upcoming elections in Japan, strong growth indicators in the U.S., and still high rate differential between U.S. and Japan is pressuring the Japanese currency.

Gold falls on profit-taking after record rally

• Gold prices fell on Friday as some investors booked profit after its recent rally which hit a record high, although ongoing tensions in the Middle East helped limit the decline.
• Spot gold eased 0.6% to $2,718.83 per ounce by 1014 GMT.
• Prices had hit an all-time high of $2,758.37 on Wednesday.
• Spot silver, which hit a 12-year-high of $34.87 earlier this week, fell 1.7% to $33.13 per ounce.
• Platinum lost 1.9% to $1,006.85.

Dollar set for fourth weekly gain as investors balk at array of risks

• The dollar headed for a fourth weekly gain on Friday, as an uncertain backdrop for markets sent the yen near three-month lows ahead of an election in Japan over the weekend that could complicate the Bank of Japan’s (BOJ) plans to normalise rates.
• The dollar index was last little changed at 104.01, after having scaled a roughly three-month high of 104.57
• The yen weakened, leaving the dollar 0.1% higher on the day at 152.045 and up 1.4% this week, having shrugged off Tokyo inflation data on Friday
• That showed core consumer prices came in below the BOJ’s 2% target for the first time in five months.

Click here to open account and start trading.

Dear Client,

As part of our commitment to providing the most reliable service to our clients, parts of the product will be optimised this weekend.

Optimised Products:
SOLJPY, ADAJPY, BCHJPY, XLMJPY, XRPJPY, BTCJPY, BTCEUR, LTCJPY, ETHJPY, GRTUSD, IOTUSD, ZECUSD, NEOUSD, BTCBCH, ETHBCH, BTCETH, BTCLTC, ETHEUR, ETHLTC

Optimisation Hours:
26th of October 2024 (Saturday) 00:00–03:00 (GMT+3)

Please note that the following aspects might be affected during the optimisation:
1. The price quote and trading management for the optimised products will be temporarily disabled during the optimisation period.You will not be able to open new positions, close open positions, or make any adjustments to trades.
2. There might be a gap between the original price and the price after optimisation.Gaps between Pending Orders, Stop Loss, and Take Profit will be filled at the market price once the maintenance is completed. It is suggested that you manage the account properly.

Please refer to the MT4 & MT5 software for specific optimisation completion and market opening times.

Thank you for your patience and understanding regarding this important initiative. 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.

The US stock market indices stand as the world’s most widely recognised benchmarks of financial market performance. These powerful indicators not only reflect the health of the American economy but also serve as essential trading instruments for investors worldwide.

With a combined market capitalisation exceeding USD 40 trillion as of 2024, from the venerable Dow Jones Industrial Average to the tech-heavy NASDAQ, understanding these indices is crucial for any trader looking to participate in the global financial markets.

The trinity of US indices: A historical perspective

The story of US indices is intrinsically linked to the evolution of modern financial markets. The Dow Jones Industrial Average (DJIA), established in 1896, is perhaps the most historically significant. Initially comprising just 12 industrial stocks with a starting value of 40.94 points, today’s DJIA tracks 30 of America’s most influential companies.

Despite its relatively small composition, it remains a crucial barometer of market sentiment, with components like Apple, Microsoft, and McDonald’s reflecting broad economic trends. The index has shown remarkable growth, surpassing 30,000 points in 2020 – a testament to the long-term potential of US markets.

The S&P 500, introduced in 1957, offers a more comprehensive view of the US economy. Tracking 500 of the largest publicly traded companies, it represents approximately 80% of the available market capitalisation.

This broader representation makes it the preferred benchmark for professional money managers and institutional investors, with over USD 15.6 trillion in assets directly indexed to its performance.

Notable milestones include breaking the 4,000-point barrier in 2021, highlighting the remarkable growth of US equities over time. The index has delivered an average annual return of approximately 10% since its inception, including dividend reinvestment.

The NASDAQ Composite, launched in 1971, has emerged as the technological revolution’s flagship index. Home to giants like Amazon, Meta, and Alphabet, it represents over 3,000 companies and has become synonymous with innovation and growth.

The index’s performance often signals broader technological trends and market sentiment towards high-growth sectors. Since its inception, the NASDAQ has grown from 100 points to over 15,000 points, with technology companies comprising approximately 50% of its total weight.

Economic significance and market impact

These indices serve as more than just trading instruments; they are crucial economic indicators. The S&P 500, in particular, is considered a leading indicator of US economic health, with its movements often preceding broader economic trends by 6-12 months. This relationship extends globally, with international markets frequently taking cues from US index movements.

The indices’ influence on global markets cannot be overstated. When Wall Street sneezes, global markets often catch a cold, as demonstrated during significant market events like the 2008 financial crisis, when the S&P 500 fell 38.5%, and the 2020 pandemic-induced volatility, which saw the fastest 30% decline in market history over just 22 trading days.

Trading mechanics: Getting started

Trading US indices is accessible through various instruments, with Contracts for Difference (CFDs) being particularly popular among retail traders. CFDs offer advantages including leverage capabilities and the ability to trade both rising and falling markets. However, it’s crucial to understand that leverage, while potentially increasing profits, can also magnify losses.

Trading hours for US indices typically follow the New York Stock Exchange schedule (2:30 PM to 9:00 PM GMT), although many brokers offer extended hours trading from 11:00 PM to 1:00 AM GMT. The pre-market and after-hours sessions can provide additional opportunities but often come with wider spreads and lower liquidity.

Margin requirements for index trading vary by broker and regulatory jurisdiction. VT Markets offers leverage of up to 500:1 on major US indices, meaning traders can control larger positions with a relatively modest capital outlay. For perspective, this means trading USD 100,000 worth of an index could require as little as USD 200 in margin.

Developing your trading strategy

Successful index trading requires a well-thought-out approach combining technical and fundamental analysis.

Technical traders often focus on key price levels, trend lines, and popular indicators like moving averages and RSI. Studies show that approximately 75% of stock price movements are correlated with broader index movements, making index analysis crucial for individual stock traders as well.

Risk management is paramount. Successful traders typically:

• _{Limit position sizes to 1-2% of trading capital per trade.}
• _{Use stop-loss orders consistently, often set at 1-2% of account value.}
• _{Avoid overleverage, typically using no more than 10:1 leverage.}
• _{Monitor correlation between different indices (S&P 500 and NASDAQ correlation often exceeds 0.80).}
• ^{Consider market volatility (VIX index) when sizing positions.}

Practical trading considerations

Market volatility tends to peak during US trading hours, particularly around economic data releases and Federal Reserve announcements. The first and last hours of trading often see increased volatility, accounting for approximately 35% of daily trading volume.

News impact is significant, with indices responding quickly to major economic indicators such as:

• _{Non-farm payrolls (released monthly).}
• _{GDP data (quarterly releases).}
• _{Inflation figures (CPI and PPI monthly releases).}
• _{Federal Reserve policy decisions (eight times per year).}

Taking the next step

Understanding US indices is crucial for modern traders, but knowledge alone isn’t enough – proper execution through a reliable broker is essential. VT Markets offers competitive trading conditions for all major US indices, including:

• _{Tight spreads and zero commissions.}
• _{Advanced trading platforms and VT Markets app.}
• _{Comprehensive educational resources and daily market analysis.}
• _{Risk-free demo account to test your strategies and get confidence.}
• _{Professional customer support in multiple languages.}

Ready to start trading US indices? Open a live account with VT Markets today and gain access to professional trading conditions, educational resources, and dedicated support. Our team of experts is ready to help you navigate the exciting world of index trading with confidence and precision.

Remember, while US indices offer significant opportunities, successful trading requires education, practice, and disciplined risk management. Start your journey with VT Markets and trade with a broker that understands your needs.

Dear Client,

Starting from October 27, 2024, the trading hours of some MT4/MT5 products will change due to the upcoming Daylight Saving Time change in the EU/UK.

Please refer to the table below outlining the affected instruments:

The above information is provided 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.

Trading US Shares CFD with VT Markets

Trading US shares offers investors the chance to access some of the world’s most influential companies. With VT Markets, you can trade US shares CFDs and enjoy flexible trading conditions, advanced tools, and access to well-known companies like Apple, Amazon, and Tesla. This guide will walk you through the process of trading US shares on VT Markets, along with tips for getting started.

Why Trade US Shares with VT Markets?

When you trade US shares with VT Markets, you’ll benefit from a wide range of advantages that make your trading experience smooth and profitable. Let’s dive into a few key reasons why VT Markets stands out:

• Access to Major US Companies: VT Markets gives you the opportunity to trade shares from some of the world’s biggest companies, including technology giants like Google (Alphabet), financial leaders like JP Morgan, and more.
• Leverage: With share CFDs, VT Markets allows you to trade with leverage, meaning you can open larger positions with a smaller initial investment. This magnifies both potential profits and risks.
• Advanced Platforms: VT Markets provides traders with access to popular platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5), equipped with advanced tools such as charts, indicators, and automated trading strategies.
• Competitive Spreads: VT Markets offers low spreads on US shares CFDs, which means you pay less in trading costs. This can positively impact your overall profitability.
• Trading Flexibility: You can trade US shares long or short, meaning you can profit from both rising and falling markets. This flexibility is key to capitalising on various market conditions.

How to Trade US Shares with VT Markets

1. Open a VT Markets Account

To start trading US shares, the first step is to open an account with VT Markets. You’ll need to complete the registration process, which involves providing identification details and verifying your account.

2. Deposit Funds

Once your account is set up, you’ll need to deposit funds. VT Markets accepts a variety of payment methods including credit cards, bank transfers, and e-wallets, making it convenient for traders to fund their accounts.

3. Select US Shares CFDs

On VT Markets, you can browse available US share CFDs through the MetaTrader platform. These include shares of popular US companies like Facebook, Microsoft, and Netflix.

4. Conduct Market Research

Before entering any trade, it’s important to perform thorough research. Use technical analysis tools available on the VT Markets platform to identify trends, and complement that with fundamental analysis of the companies you are interested in.

5. Place Your Trade

Decide whether you expect the share’s price to rise (go long) or fall (go short), and place your trade accordingly. VT Markets provides tools like stop-loss orders and take-profit targets to help you manage your risk effectively.

6. Monitor Your Trade and Exit

Once your trade is open, monitor the performance using VT Markets’ charting tools. You can exit your trade when your profit target is hit, or if the market moves against you, a stop-loss will automatically close the trade to limit your losses.

Key Strategies for Trading US Shares

• Swing Trading: This strategy involves holding shares for a few days or weeks to capture short-term price movements. Use VT Markets’ technical analysis tools to identify potential swing trades.
• Position Trading: This is a longer-term strategy where traders hold positions for several months, aiming to profit from major market trends.
• Day Trading: With US shares CFDs, you can open and close trades within the same day, capitalising on small price fluctuations. This strategy requires quick decision-making and precise analysis.
• Hedging: You can also use CFDs to hedge an existing portfolio. For example, if you own physical shares of a US company and anticipate a short-term decline, you can use a CFD to short-sell and offset potential losses.

Risks of Trading US Shares CFDs

Trading US share CFDs offers great potential for profit, but it also carries risks:

• Leverage Risk: While leverage amplifies profits, it also increases losses. Traders should use leverage carefully and employ risk management tools like stop-loss orders.
• Market Volatility: The prices of US shares can be volatile, particularly around earnings reports or major news events. Always stay updated on market news and be prepared for sudden price changes.
• Overnight Costs: If you hold a CFD position overnight, there may be financing costs. It’s important to factor in these additional costs when managing long-term positions.

Advantages of Trading US Shares with VT Markets

• 24/5 Market Access: VT Markets allows you to trade US shares CFDs even when the US stock exchange is closed, giving you more flexibility to act on market news and events.
• Advanced Trading Features: Access to MetaTrader 4 and 5 platforms ensures that you can use advanced charting tools, automated trading strategies, and comprehensive market analysis.
• Responsive Support: VT Markets provides 24/5 customer support to help traders navigate any issues or queries that arise during trading.

FAQ: Trading US Shares with VT Markets

1. What is the minimum deposit to trade US shares with VT Markets?

VT Markets offers a low minimum deposit, making it accessible for new traders. The exact amount can depend on the payment method and account type.

2. Can I trade US shares with leverage on VT Markets?

Yes, VT Markets allows you to trade US shares CFDs with leverage, amplifying both your potential profits and risks.

3. What tools are available to help me trade US shares?

VT Markets provides advanced charting tools, technical indicators, and automated trading options through its MetaTrader 4 and MetaTrader 5 platforms.

4. Are there any additional costs for holding US shares CFDs overnight?

Yes, holding a position overnight may incur a financing charge. Be sure to review the terms before holding long-term positions.

5. How do I manage risk when trading US shares?

You can manage risk by using stop-loss orders, take-profit limits, and setting appropriate leverage levels. VT Markets also offers risk management tools to help protect your capital.

6. What’s the difference between buying US shares and trading US shares CFDs?

When you buy US shares, you own the actual shares. With US share CFDs, you don’t own the shares but speculate on price movements. This gives you flexibility to profit from both rising and falling prices.

7. How can I make money if US shares go down in price?

With CFDs, you can open a short position, which means you sell first and buy back later at a lower price. If the share price drops, you can potentially make a profit by closing the position at the lower price.

8. Is trading US shares CFDs beginner-friendly?

Yes, but beginners should start with small trades and use tools like stop-loss orders to manage risk. Practicing on a demo account first is a good way to learn without real financial exposure.

9. When can I trade US shares CFDs?

You can trade US shares CFDs during regular US stock market hours, which are typically 9:30 AM to 4:00 PM ET. VT Markets also offers extended trading hours, so you can trade beyond these times.

10. How much money do I need to start trading US shares CFDs?

You don’t need a large amount to get started, as leverage allows you to control larger positions with a smaller initial deposit. However, it’s crucial to remember that leverage also increases potential losses, so use it wisely.

Wrapping Up

Trading US shares CFDs with VT Markets offers a flexible and accessible way to participate in the US stock market. With competitive spreads, leverage options, and advanced trading tools, VT Markets provides the resources traders need to make informed and profitable decisions. Whether you’re new to trading or an experienced trader looking to diversify, VT Markets can help you trade US shares confidently.

Start trading US shares with VT Markets today and take advantage of the many opportunities in the world’s largest stock market.

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.

Meet us at Booth 20 at the Money Expo Qatar on 6 & 7 November!

The premier financial event in Doha, Qatar, sparks a dynamic convergence of traditional finance and cutting-edge technology. This event connects industry leaders, innovators, and investors who shaps the future of finance in Qatar. Delve into the world of Fintech, and explore the latest trends in online trading platforms, digital payments and wealth management solutions.

Network with established financial institutions, emerging Fintech startups, and online trading experts, all under one roof. Money Expo Qatar provides a unique platform to expand your reach, elevate your brand, and drive business growth within Qatar’s ever-evolving financial landscape.

We are proud to be participating in this event, where we will continue to support traders in navigating the complexities of forex trading. Our speakers, Nayel Aljawabrah and Maria Gaibor will deliver a presentation titled “Navigating the Gold Rally: Key Trends and How VT Markets Tools Enhance Your Trading” both in English and Arabic. Join us to enhance your knowledge on gold and stay informed about the latest developments in the industry.

Key Highlights:

– Explore the latest innovations in Fintech
– Learn about advanced online trading platforms and wealth management solutions
– Engage with leading financial institutions and up-and-coming Fintech startups
– Network with industry experts and investors driving financial innovation in Qatar
– Expand your business opportunities and stay ahead of trends in the rapidly changing financial sector

Venue: Doha Exhibition & Convention Center (DECC), Qatar
Date: 6 & 7 November
Speaking Slot: 14:40 – 15:00 (GMT+3), on 6 November

Join us at Booth D2 at the Wiki Finance Expo Dubai on 27 November!

Established in 2019, WikiEXPO has quickly become a leading offline exhibition brand in the global forex and cryptocurrency sectors. Founded by the authoritative financial media platforms WikiFX and WikiBit, WikiEXPO serves as a bridge between investors, project owners, and financial professionals. With over 75 expos and events held globally, WikiEXPO has created valuable opportunities for knowledge sharing among stakeholders in the industry.

Key Highlights:

– A premier platform for global forex traders
– Bridging the gap between investors, project owners, and industry practitioners
– Focused on business exchange, networking, and professional growth within financial markets

We are proud to be participating in this event, where we will continue to support traders in navigating the complexities of forex trading. Our speaker, Katia Basiuni, Senior Relationship Manager at VT Markets, will deliver a presentation titled “Advanced Tools, Simplified Trading: Why VT Markets is Your Top Choice” Join us to deepen your insights, share your experiences, and stay informed about the latest developments in the industry.

Venue:Millennium Plaza Downtown Hotel – 23215 Sheikh Zayed Rd – Trade Centre – Trade Centre 1 – Dubai – United Arab Emirates
Date: 27 November
Speaking slot: 13:30 – 13:50 (GMT +4)