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.

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.

As we approach another pivotal week in financial markets, our focus turns sharply to the Federal Reserve’s upcoming policy decisions and their potential impact on global markets. In light of recent developments and forward-looking economic indicators, here is VT Markets’ professional and insightful weekly market outlook. 

Federal Reserve’s monetary policy stance: The financial community eagerly anticipates the Federal Open Market Committee’s (FOMC) next moves, especially regarding interest rate adjustments and the pace of quantitative tightening. The Fed’s delicate balancing act continues as it aims to navigate through economic recovery, inflation concerns, and market stability. 

Quantitative tightening and market liquidity: A significant area of interest lies in the Fed’s approach to quantitative tightening (QT). With bank reserves currently at a comfortable US$3.6 trillion, thanks to pandemic-induced quantitative easing, the market is awash with liquidity. However, the Fed’s QT program, designed to reduce the balance sheet by not reinvesting in bonds that mature, has been proceeding at a slower pace than the projected US$95 billion per month. This slower pace suggests that the reduction in bank reserves and the impact on market liquidity may be more gradual than initially feared. 

Looking ahead to 2024 and beyond: Considering the current pace, the Fed’s QT program is expected to continue well into 2024, possibly extending comfortably into 2025. Despite some market speculation about a potential exit or slowdown plan for QT, our analysis suggests that immediate concerns regarding liquidity are unwarranted for the foreseeable future. The Fed has ample room to adjust its policies as necessary, without inducing panic in the financial markets. 

Market implications: Investors and traders should monitor the Fed’s guidance closely, as it will shape market sentiment and rate expectations in the coming months. While the upcoming FOMC meeting may not be a major market mover on its own, the accumulated economic data and the Fed’s interpretation of it will undoubtedly influence investment strategies and decisions. 

VT Markets’ stance: At VT Markets, we advise clients to maintain a balanced and informed perspective as we navigate these uncertain times. Diversification, vigilance, and a keen eye on central bank communications will be key to successfully managing investment portfolios. As always, our team of analysts and strategists is here to provide you with the latest insights and strategies to optimize your market positioning. 

Conclusion: The week ahead promises to shed further light on the Fed’s monetary policy direction and its implications for global financial markets. By staying informed and agile, investors can navigate these challenges and capitalize on opportunities as they arise. 

Stay tuned to VT Markets for ongoing analysis and insights into market trends and economic forecasts. 

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:

Trending Analysis: Focus on British Pound’s market sentiment and outlook, covering GBP/USD, GBP/JPY, EUR/GBP.

Dollar’s Rally Triggered by Rising U.S. Treasury Yields: The uptick follows unexpectedly high Producer Price Index (PPI) figures for February, closely following a significant Consumer Price Index (CPI) report.

Strong Labor Market Reinforces U.S. Dollar: The consistent low levels of jobless claims underscore the economy’s strength, enhancing the dollar’s attractiveness.

Federal Reserve’s Policy and Economic Outlook: Despite prior hints at policy tightening, challenges in achieving disinflation amidst economic resilience might limit or delay rate cuts initially expected to begin in June.

Upcoming FOMC Meeting Eyed for Clues: Next week’s Federal Reserve meeting is anticipated to provide crucial insights into the monetary policy direction and interest rate projections, potentially affecting market expectations for 2024.

Inflation Risks May Alter Rate Cut Expectations: With inflation concerns re-emerging, the Fed might signal a reduced likelihood of rate cuts, potentially sustaining high bond yields and supporting the dollar’s strength.

STOCK MARKET:

Corporate Earnings in Focus: Investors are keen on corporate performance insights before further inflation data is released.

S&P 500 and Nasdaq 100 See Uplift: Futures contracts for these indices up by about 0.3% and 0.4% respectively, indicating positive market momentum.

Tech Giants Show Pre-Market Strength: Companies like Netflix Inc. and Meta Platforms Inc. gain from potential regulatory changes affecting TikTok. Adobe Inc. also rises ahead of its earnings report, while Tesla Inc. drops due to pessimistic sales forecasts.

Treasuries and Dollar Stability: The 10-year Treasury yield increases by 12 basis points this week; the dollar index remains relatively unchanged.

Upcoming U.S. Producer-Price Data: This report is highly anticipated as the last major inflation indicator before the Federal Reserve’s next policy meeting, where rates are expected to stay constant.

Market Optimism Persists: Despite scaled-back rate cut expectations, stock enthusiasm continues, with the S&P 500 achieving new highs.

JPMorgan’s Bullish Market Outlook: Grace Peters from JPMorgan Private Bank updates price targets for major stock indices, forecasting robust corporate profits.

European Stocks Hit Record Highs: The Stoxx 600 index climbs, with consumer sectors leading the way, especially after Allegro.eu SA’s earnings surpass expectations.

Energy and Renewable Stocks on the Rise: Oil companies and Encavis AG see gains, while certain European companies report positive earnings, contributing to market dynamics.

ECB Rate Cut Recommendations: ECB’s Yannis Stournaras suggests multiple rate cuts within the year, aligning with market expectations for monetary easing in Europe.

Chinese Market Sentiment: Despite government support measures, investor confidence remains cautious, though some sectors like copper mining benefit from commodity price movements.

Global Commodity Trends: Crude oil continues its upward trend, iron ore faces downward pressure, and gold remains stable, reflecting diverse investment landscapes.

Start your CFD Shares Trading journey with VT Markets now!

Dear Client,

As part of our commitment to provide the most reliable service to our clients, there will be MT5 server, VT APP and Client Portal maintenance this weekend.

The MT4 software remains unaffected by this maintenance and will continue to facilitate transactions without interruption.

Maintenance Hours :
16th of March 2024 (Saturday) 00:00 – 24:00 (GMT+3)

Please note that the following aspects might be affected during the maintenance:

1. The password for your MT5 trading account is set to be reset, once you log into the MT5, you will be asked to reset the trading account password. Also, you can log into your client portal to reset the password.

2. The order “number” associated with your trading account will be renewed. Except for the order number, all other settings of the position will remain unchanged.

3. Please be advised that your MT5 Demo account is set to expire. Should you require continued access, kindly create a new MT5 demo account through the client portal.

4. Kindly be advised that the functionality of the Client Portal and VT APP will be temporarily unavailable during the maintenance period, thereby hindering normal login operations. It is strongly recommended to refrain from engaging in account service management activities throughout the maintenance period.

5. 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.

6. Should you be using the MT5 PAMM service, it is imperative to be mindful of the following considerations:

6-1. Open positions will be automatically closed if the Master fails to close them before the update on March 16th. It is suggested that the Master closes the open positions in advance.

6-2. The history on the PAMM Portal will be reset and saved in the “Archive”. On the PAMM portal, Money Manager can turn on “Show archive” button to see the history records.

6-3. The High Water Mark (HWM) value will be reset. However, we will retain the latest HWM before the update. Therefore, any excessively generated Performance Fee (PMF) will be deducted and returned to the investors until the PMF is charged with the correct amount.

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. It is advised to exercise diligence in monitoring position control.

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

CURRENCIES:

• ECB official advocates for two interest rate cuts before summer to support the economy.
• Yannis Stournaras, head of the Greek central bank, suggests the need for easing monetary policy ahead of the Federal Reserve, highlighting that 30% of previous tightening impacts have yet to affect the real economy.
• Economic stagnation in Europe since Q4 2024, with GDP growth near zero, contrasts with the US’s economic resilience.
• Stournaras proposes a total reduction of 50 basis points from the current benchmark interest rate, cautioning against overestimating the risk of a wage-price spiral.
• Immediate market reaction saw EUR/USD decline following Stournaras’ comments but quickly stabilized.
• The EUR/USD pair encounters resistance around the 1.0930/1.0940 zone, a level that has historically led to price declines.
• The week’s economic calendar is light, suggesting potential consolidation at current levels, with US PPI and retail sales data, and the University of Michigan consumer sentiment survey expected to offer limited market volatility.

STOCK MARKET:

• Investors await US inflation data for insights into the Federal Reserve’s interest rate decisions.
• European stocks (Stoxx 600) rose by 0.2%, with US futures also seeing an uptick.
• Treasury bonds remained stable, with a notable increase in the 10-year yield by about 12 basis points over the week.
• The US dollar index showed little change.

Market Anticipation:

• Focus is on upcoming US producer price data that could reinforce or counteract the week’s higher consumer inflation reports.
• Traders in Europe keen on European Central Bank (ECB) officials’ speeches, particularly after ECB Governing Council member Yannis Stournaras advocated for two rate cuts before summer.

Investor Sentiment:

• General market volatility appears subdued as participants digest inflation data and central bank communications.

Asian Markets Response:

• Chinese market sentiment remains cautious despite government promises of financial incentives for updating old equipment and goods.
• Shares of Asian copper miners rose following copper’s surge to an 11-month high, driven by potential production reductions in Chinese smelters.

Japanese Economy Watch:

• The Japanese yen weakens for the third consecutive day ahead of Rengo’s announcement on wage negotiations.
• Bank of Japan’s interest rate decision pending, influenced by initial outcomes of spring wage discussions.

Commodities Update:

• Oil prices remain high after a significant reduction in US crude inventories and another Ukrainian attack on a Russian refinery.
• Gold prices showed stability.

Start your CFD Shares Trading journey with VT Markets now!