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.
Written on November 27, 2023 at 7:13 am, by anakin
Several key factors are expected to impact the financial markets this week, including the Reserve Bank of New Zealand’s Rate Statement and the US Core Personal Consumption Expenditure (PCE) Price Index. Given the potential for significant market movements, we advise traders to exercise caution when undertaking any trading activity.
Australia’s Consumer Price Index (29 November 2023)
The monthly CPI in Australia increased by 5.6% in the 12 months leading up to September 2023, reaching its highest level in five months.
Analysts forecast a growth rate of 5.2% in the figures for October 2023, which are due to be released on 29 November.
Reserve Bank of New Zealand Rate Statement (29 November 2023)
During its October meeting, the Reserve Bank of New Zealand (RBNZ) held its official cash rate (OCR) steady at 5.5%, marking the third consecutive meeting without a change in the rate.
Analysts anticipate that the RBNZ will maintain its OCR at 5.5% following its upcoming meeting on 29 November.
Canada’s Gross Domestic Product (30 November 2023)
The Canadian economy experienced no change in August 2023, a downward revision from preliminary estimates of a 0.1% growth rate.
The September data for Canada’s GDP is set to be released on 30 November and is expected to reflect no change from August’s figures.
US Core PCE Price Index (30 November 2023)
The US core PCE prices, which exclude food and energy, rose by 0.3% in September 2023, the highest increase in four months.
The next set of data will be released on 30 November, with analysts expecting a growth of 0.2%.
Canada’s Employment Change (1 December 2023)
The Canadian economy added 17,500 jobs in October 2023, marking the third consecutive month of workforce expansion. Meanwhile, the unemployment rate increased to 5.7% in the same period, up from 5.5% in the previous month, reaching its highest level since January 2022.
The figures for November 2023 are scheduled to be released on 1 December, with analysts expecting the creation of 14,000 additional jobs and a rise in the unemployment rate to 5.8%.
Written on November 27, 2023 at 2:46 am, by anakin
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.
Written on November 24, 2023 at 7:17 am, by anakin
Whether it’s a beginner navigating the intricate world of trading or a seasoned investor seeking to expand their horizons, it’s second nature to investigate avenues to maximise profits. One popular tactic among those in the trading community is asset diversification. Diversification not only spreads risk but opens the door to maximum profit potential.
Diversifying a portfolio requires the experience and range of an esteemed broker. VT Markets is a global multi-asset CFD broker, specialising in the Forex market. Since 2015, the broker has supported traders of all levels by providing seamless access to multiple markets, from indices to energies and soft commodities.
This blog will outline various markets traders can participate in through the VT Markets platform and enter the dynamic realm of commodities trading.
Why diversification is the key to strategic trading
For many traders, diversifying their investment portfolio is a tried and true strategy. For others, it’s non-negotiable for risk management. Diverse investments act as a buffer, ensuring that potential losses in one asset class can be offset by gains in another. This approach not only reduces risk but also enhances the overall stability of a trader’s investment journey.
Diversification also allows traders to tap into various market opportunities, increasing the potential for significant profits in different economic scenarios.
Exploring commodities with VT Markets — energies, precious metals and soft commodities
From the stability of precious metals to the volatility of energy markets and the complexities of soft commodities, VT Markets offers traders a gateway to explore and invest in some of the most profitable and diverse commodities available.
Energies
With VT Markets, traders can delve into the world of energy commodities, including crude oil, gasoline and natural gas. Energy commodities are highly sought after for their stability and responsiveness to global economic trends, giving more apprehensive traders a sense of consistency.
Whether it’s an interest in WTI or Brent crude oil, VT Markets provides a platform where all traders can trade energies with confidence. Traders looking to invest in energy are encouraged to stay ahead of geopolitical events and various economic indicators to execute more strategic trades and maximise profits.
Precious metals
Precious metals like gold, silver and platinum have long been considered safe-haven assets. These commodities are not only valuable for their intrinsic worth but also act as a hedge against inflation and economic uncertainty.
VT Markets empowers traders to invest in precious metals, enabling traders to diversify their portfolios with assets that have stood the test of time. From there, traders can navigate the precious metals markets and leverage their stability to reinforce their investment strategy.
Soft commodities
From agricultural products like wheat, corn and soybeans to soft commodities like cotton and sugar, VT Markets offers a diverse array of trading options. Unlike other tradeable assets, soft commodities are influenced by weather conditions and global demand.
For traders, understanding the complexities of these markets is essential. Fortunately, VT Markets provides the tools and resources to help them make strategic decisions, ensuring that their investments in soft commodities are well-informed and profitable.
How to navigate global markets through the VT Markets platform
As traders explore the diverse world of commodity trading with VT Markets, it’s crucial to be aware of the different trading hours associated with each commodity. Markets operate on different schedules based on their geographical location and market demand. Being informed of these trading hours allows traders to optimise their trading strategy and ensures they can capitalise on market movements and emerging opportunities.
Traders can view trading hours for their selected markets by visiting the VT Markets Trade Conditions page.
VT Markets — the path to profitable diversification starts here
Diversification is one pathway to a well-rounded trading experience. Whether interested in forex, ETFs or soft commodities, the VT Markets platform provides the tools and expertise traders need to succeed. Consider VT Markets as the go-to platform for market trading and embrace the limitless possibilities.
Getting started with a VT Markets account is simple — create an account via the website, link a preferred payment method, select a market and begin trading.
About VT Markets
VT Markets is a regulated multi-asset broker with a presence in over 160 countries. The broker has won many international accolades, including Best Multi-Asset Broker and Fastest Growing Broker. Its mission is to make trading an easy, accessible and seamless experience for everyone.
Gone are the days of slow-paced online trading through a desktop. The new digital age has transformed the way novice and seasoned traders engage with the financial markets, as they are increasingly turning to online platforms for their investment needs. With busy schedules and a myriad of responsibilities, the ability to trade anytime, anywhere has become a game-changer.
VT Markets, a global, multi-asset brokerage company, understands the evolving needs of digital traders and has developed the ultimate solution to modern-day trading — the VT Markets trading app. This article explores the diverse advantages of mobile trading with VT Markets, highlighting how their mobile app empowers traders on the go.
Discover seamless accessibility
VT Markets’ mobile trading app provides seamless accessibility to global financial markets at traders’ fingertips. Whether commuting, travelling or simply away from the desktop, the app ensures traders never miss a trading opportunity. Real-time market data, live charts and instant trade execution are readily available, enabling traders to stay connected and make informed decisions regardless of their location.
Experience a user-friendly interface
The VT Markets mobile app boasts a user-friendly interface for traders of all experience levels. Intuitive navigation and clear layouts make it easy to analyse market trends, monitor positions and execute trades swiftly. The app’s simplicity ensures a hassle-free trading experience, allowing beginners and experienced traders to operate efficiently with minimal learning curve.
Unlock advanced charting tools
VT Markets’ mobile app offers advanced charting tools that facilitate in-depth technical analysis from wherever they are in the world. Traders can access various chart types, indicators and drawing tools, equipping them with the knowledge to analyse price movements and identify potential entry and exit points. These analytical capabilities enable traders to make well-informed trading decisions even from their mobile devices.
Secure transactions every time
Security is paramount in online trading. The mobile app employs cutting-edge encryption technology to ensure secure transactions and protect sensitive financial information. Traders can execute trades, manage accounts and deposit or withdraw funds confidently, knowing that their transactions are safeguarded against unauthorised access.
Real-time notifications across the market
Stay updated with real-time notifications on market movements, price alerts and account activities. The VT Markets mobile app allows traders to set personalised notifications, ensuring they never miss crucial market developments or opportunities. These timely alerts empower traders to respond promptly to market changes and provide a pathway to capitalise on profitable conditions and mitigate risks effectively.
Further reading on maximising the VT Markets mobile app
With the VT Markets mobile app, trading freedom is in the palm of the trader’s hand. But to truly maximise the true power of on-the-go trading, it’s integral to fully understand the app’s capabilities.
For instance, informed trading decisions are often the result of staying updated with the latest news that impacts financial markets. Traders can access the broker’s real-time news feed and analysis to stay informed about market events, economic releases and geopolitical developments.
Another unique feature within the mobile app is the broker’s demo account. This feature allows traders to practice trading with virtual funds to familiarise themselves with different strategies and build confidence. Disciplined risk management is key to long-term trading success, so traders are encouraged to implement effective risk management strategies within a demo account to become comfortable managing the volatility of trading.
Trade anywhere around the world with the VT Markets app
Experience the freedom to trade with confidence, backed by real-time data, advanced tools and a user-friendly interface. Whether it’s a seasoned trader or just someone starting their trading adventure, the VT Markets mobile app is designed to cater to every trader’s needs and provide the tools necessary for success.
Trade smarter, trade anywhere, anytime — get started with a VT Markets account today and download the app via the Apple or Google Play Store. Simply sign up online, link a payment method and begin trading with a leading brokerage platform.
About VT Markets
VT Markets is a regulated multi-asset broker with a presence in over 160 countries. The broker has won many international accolades, including Best Multi-Asset Broker and Fastest Growing Broker. Its mission is to make trading an easy, accessible and seamless experience for everyone.
In a market that never sleeps, knowledge is not just power; it’s the key to trading success. And in the complex realm of trading, where decisions are made in split seconds and market dynamics change rapidly, being well-informed is vital. Traders who invest time in understanding the intricacies of the market, learning from experienced professionals and staying updated with the latest trends are better equipped to navigate the uncertainties of trading.
This article will delve into the world of educational resources offered by VT Markets, a leading, award-winning multi-asset CFD broker. Whether it be for a novice looking to grasp the basics or an experienced trader aiming to refine their skills, VT Markets’ comprehensive educational tools provide invaluable insights, enabling traders to make informed decisions and achieve financial success.
Sifting through the VT Markets blog — a catalogue of exceptional trading resources
The VT Markets blog is a treasure trove of educational content catering to traders of all levels. From beginner-friendly guides on understanding market fundamentals to in-depth analyses of current market trends, the blog covers a wide array of topics.
Some areas covered within the VT Markets blog include dissecting economic indicators, exploring trading strategies or discussing the impact of geopolitical events on the market. The comprehensive detail documented within the VT Markets blog keeps traders well-informed and prepared for various market scenarios.
Forex trading made simple through VT Markets’ MT4 training guide
For traders venturing into the world of Forex, VT Markets offers a user-friendly experience, ensuring accessibility across multiple devices. Through the popular MetaTrader 4 (MT4) platform, traders can seamlessly execute trades, analyse charts and implement strategies from their desktops, smartphones or tablets.
VT Markets demystifies the complexities of Forex trading, guiding traders through the discrepancies between currency pairs, CFDs (contract for difference) and different commodities available on the market. But the broker also makes sure to incorporate the basics of Forex, such as pip values, leverage and risk management, making them understandable for traders at all levels.
The VT Markets Trading central tool guide, the answer to strategic trading
In addition to the broker’s educational blog and comprehensive guides, VT Markets provides access to the Trading Central tool, an indispensable resource for traders seeking strategic insights. This tool offers technical analysis and market commentary and unveils potential trading opportunities based on sophisticated algorithms and expert analysis.
From interpreting chart patterns to understanding key support and resistance levels, the Trading central tool guide empowers traders with actionable information, enabling them to make well-informed trading decisions.
The VT Markets demo account and other notable mentions
One area VT Markets excels in regarding educating their traders is its balance between theory and practice. Once traders feel comfortable with their newfound knowledge, they are encouraged to put their knowledge to the test.
VT Markets provides demo accounts that allow traders to practice trading in a risk-free environment. These accounts are equipped with virtual funds, enabling traders to test different strategies without risking real money.
The broker also offers daily market analysis and research reports, which provide in-depth insights into market trends, major economic events and potential trading opportunities. Traders can access fundamental and technical analysis and make informed trading decisions, knowing that their next move is based on expert opinions and thorough research.
VT Markets — empowering traders of all skill levels
In the fast-paced world of financial trading, staying ahead requires continuous learning and adaptation. VT Markets understands the significance of education and equips traders with the knowledge and tools needed to thrive.
By exploring VT Markets’ educational resources, traders not only gain a profound understanding of the market but also develop the skills necessary to navigate it successfully. Empowered with comprehensive knowledge, strategic insights and cutting-edge tools, traders can confidently face the challenges of the market and seize profitable opportunities, paving the way for a successful trading journey with VT Markets.
To get started with a VT Markets account, traders can sign up via the broker’s websites, link a preferred payment method and begin trading in their preferred asset or commodity.
About VT Markets
VT Markets is a regulated multi-asset broker with a presence in over 160 countries. The broker has won many international accolades, including Best Multi-Asset Broker and Fastest Growing Broker. Its mission is to make trading an easy, accessible and seamless experience for everyone.
Understanding Forex Regulation and Security with VT Markets
It’s common knowledge that any individual preparing to enter the trade market must complete their due diligence regarding a trade platform’s functionality and backend protocols. Investigating a platform’s security measures and compliance commitments must be at the core of this. With trillions of dollars being exchanged every day, knowing a platform provider has ample protection in place can assure traders their funds and assets are guarded should a situation arise.
VT Markets is a global, multi-asset brokerage company specialising in foreign exchange market (forex) trading. Since 2015, they’ve been the trusted choice for thousands of traders due to the platform’s robust regulations and compliance measures. For novice and seasoned traders looking to open a VT Markets account, understanding these protocols is crucial for a seamless trading experience.
This guide will examine the current regulations and fund security arrangements that uphold VT Markets’ commitment to client safety.
FSCA & St. Vincent and the Grenadines — VT Market regulators
In order to provide a superior trading environment, VT Markets understands the necessity of partnering with serious and respected regulatory bodies. These major institutions uphold the standard of protecting consumer funds and best interests while supervising the financial market.
Financial Sector Conduct Authority (FSCA) of South Africa
The Financial Sector Conduct Authority (FSCA) of South Africa is the regulatory body responsible for overseeing the conduct of financial institutions and protecting the rights of consumers in the South African financial sector. The FSCA plays a vital role in ensuring the integrity and fairness of financial markets while safeguarding the interests of traders.
FSCA mandates that financial service providers, including brokers, obtain licenses to operate and ensures these entities meet specific standards while adhering to ethical practices. VT Markets’ licence is authorised and regulated by the Financial Sector Conduct Authority (FSCA) of South Africa (FSCA number: 50865).
St. Vincent & the Grenadines Financial Services Authority (SVGFSA)
VT Markets LLC is also registered under Saint Vincent and the Grenadines Financial Services Authority (SVGFSA). As the broker is a Limited Liability Company (LLC) operating under the VT Markets’ company group (LLC Number: 673 LLC 2020), it has also incorporated the laws of St. Vincent and the Grenadines — another regulatory body that supervises the international financial market.
Fund security
As a fully regulated broker, VT Markets works diligently to ensure all trading operations are conducted with full transparency, especially operations regarding fund security. The broker enforces financial security and commitment to client safety by storing funds in a segregated account with some of the most respected banks in the world.
In terms of identity and banking information, VT Markets processes this data through its Secure Sockets Layer (SSL), maintaining an industry standard for its privacy protocols.
Trade with confidence backed by a regulated broker
In a market filled with risk and uncertainty, having the assurance that a broker is dedicated to protecting clients’ rights and data can make all the difference in the trading experience. With a commitment to client safety and practical tools, VT Markets has emerged as a respected leader in online trading.
With multiple awards and accolades, including Best Forex Broker Europe 2023 and Fastest Growing Broker Europe 2023, VT Markets is the trusted ally for secure and swift trading. Getting started with VT Markets is simple — create an account, link a preferred payment method and begin trading.
About VT Markets Forex Broker
VT Markets is a regulated multi-asset broker with a presence in over 160 countries. The broker has won many international accolades, including Best Multi-Asset Broker and Fastest Growing Broker. Its mission is to make trading an easy, accessible and seamless experience for everyone.
European stocks showed a cautious upward trend as the US markets remained closed, with the Stoxx 600 index edging up by 0.3%. Despite oil price falls from the postponed OPEC meeting, oil and gas stocks surged while travel stocks faced a decline. Eurozone’s PMI data revealed worrying employment drops, yet signs of a slowing decline in business activity emerged. Meanwhile, attention shifted to the Dutch election’s potential impact. In the US, the Thanksgiving holiday bolstered positive sentiment despite a modest dollar decline. Wall Street futures mirrored gains in European markets, while attention shifted to S&P Global PMI projections amid a lack of major US releases. Currencies like the Euro and Pound remained steady against the dollar, driven by encouraging PMI data, while others, including the Aussie and Kiwi Dollars, saw mixed movements influenced by domestic indicators and market sentiments.
Stock Market Updates
With the US markets closed, European stocks closed slightly higher on Thursday. The pan-European Stoxx 600 index edged up by 0.3%, showcasing a cautious upward trend amidst investor uncertainty. Despite the ongoing fall in oil prices stemming from OPEC’s postponed meeting, oil and gas stocks surged by 1.4%, countering the downward pressure. However, travel stocks faced a contrasting fate, experiencing a 1% decline. The preliminary purchasing managers’ index data for November in the eurozone painted a worrisome picture, revealing a significant drop in employment for the first time in nearly three years. Even as business activity continued to contract, there were glimmers of hope as the rate of decline in both output and new business showed signs of slowing down. Meanwhile, attention turned to the Dutch election results, particularly an exit poll suggesting the potential for a substantial victory by right-wing populist Geert Wilders and his Freedom Party, the PVV.
In the U.S., stocks saw an increase on Wednesday, buoyed by the benchmark 10-year Treasury yield’s temporary dip to a two-month low. The broadening of the November market rally extended into the Thanksgiving holiday, fostering positive momentum in the market.
Stock markets were closed on Thursday, here it is the latest updates from Wednesday, across various sectors, the market generally saw positive gains, with the Communication Services sector leading the way with a rise of 0.88%. Following closely were Consumer Staples at 0.71% and Health Care at 0.54%. Sectors such as Financials, Real Estate, and Consumer Discretionary also experienced moderate gains, ranging from 0.37% to 0.50%. However, some sectors did not fare as well, with Energy being the only sector to experience a decrease, falling by 0.11%. Sectors like Information Technology, Industrials, and Materials saw gains ranging from 0.12% to 0.28%, contributing to the overall positive trend in the market for the day.
Currency Market Updates
In a truncated trading session due to the Thanksgiving holiday, the US Dollar experienced a modest decline, settling around 103.75 in the US Dollar Index (DXY), lingering below the 104.00 mark. Despite the closure of US markets, positive sentiment prevailed in Wall Street futures following gains in European markets. With no major US data scheduled for release on Friday and a shortened Wall Street session, attention turned to the S&P Global PMI projection, indicating a slight anticipated downturn in both the Services and Manufacturing sectors.
Meanwhile, the performance of other currencies against the dollar varied. The Euro maintained a relatively stable position around 1.0900 against the dollar, buoyed by encouraging Eurozone PMI figures and an uneventful account of the European Central Bank’s latest meeting. The Pound exhibited strength, reaching a two-month high against the dollar at 1.2530, driven by positive UK PMI data. Other currencies like the Japanese Yen, New Zealand Dollar, Canadian Dollar, and Australian Dollar displayed mixed movements against the US Dollar, influenced by domestic economic indicators and market sentiment. Despite subdued price action, the Australian Dollar managed to rise against the dollar, hovering around 0.6550, while the New Zealand Dollar awaited Q3 Retail Sales data and the Canadian Dollar looked toward the release of September Retail Sales figures.
Picks of the Day Analysis
EUR/USD (4 Hours)
EUR/USD Inches Up Amidst Low Volume Consolidation: Eurozone Data Insights and ECB Outlook
The EUR/USD saw a modest rise amidst low trading volume, hovering around 1.0900 while the US Dollar Index weakened slightly, fostering support for the pair amid subdued market activity. Eurozone PMI figures showed improvements in both the Manufacturing and Services sectors, yet remaining below the growth threshold. The data initially boosted the Euro but lacked sustained momentum due to minimal trading. The upcoming German GDP report and ZEW survey are anticipated to impact market sentiment. ECB’s recent meeting minutes revealed a consensus on maintaining policy rates and addressing heightened economic uncertainty. Despite ECB President Lagarde and council members slated to speak, clear insights into monetary policy adjustments aren’t expected, especially amid the US market’s closure for Thanksgiving, likely leading to thin trading conditions.
On Thursday, the EUR/USD moved flat as the US market holiday. Currently, the price is moving just below the middle band of the Bollinger Bands with a potential of moving in consolidation as the US market will also close earlier today. The Relative Strength Index (RSI) stays at 54 which reflects a neutral position for the currency pair.
Resistance: 1.0956, 1.1004
Support: 1.0885, 1.0832
XAU/USD (4 Hours)
XAU/USD Struggles to Hold $2,000 Amidst Quiet Trading Session
Gold Spot experienced a fluctuating journey, initially surging towards $2,000 in the Asian session, propelled by a weaker US Dollar, only to retract gains and settle around $1,990 during American hours amid limited trading activity with US markets closed. Despite benefiting from increased risk appetite and a weakening dollar, bolstered by favorable Eurozone PMIs, the precious metal fell short of reclaiming the $2,000 mark. With expectations of continued thin trading and a shortened US market session on Friday, Gold faces a landscape favoring consolidation, although the bullish bias persists for XAU/USD.
On Thursday, the XAU/USD moved flat as the US market holiday. Currently, the price is moving just below the middle band of the Bollinger Bands with a potential of moving in consolidation as the US market will also close earlier today. The Relative Strength Index (RSI) stays at 55 which reflects a neutral position for the pair.
Resistance: $1,996, $2,008
Support: $1,988, $1,973
Economic Data
Currency
Data
Time (GMT + 8)
Forecast
USD
Flash Manufacturing PMI
22:45
49.9
USD
Flash Services PMI
22:45
50.4
Written on November 24, 2023 at 1:06 am, by anakin
As part of our commitment to provide the most reliable service to our clients, there will be server maintenance this weekend.
Maintenance Hours :
25th of November 2023 (Saturday) 00:00-23:59 (GMT+2)
26th of November 2023 (Sunday) 00:00-23:59 (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
Written on November 23, 2023 at 8:23 am, by anakin
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.
Written on November 23, 2023 at 7:45 am, by anakin
