Monthly Archives: February 2023
Powell: Inflation is in the very early stages of easing
Written on February 8, 2023 at 3:07 am, by anakin
Federal Reserve Chairman Bill Powell said Tuesday that inflation is in the very early stages of easing, which may be a long process, the process may be bumpy, and must keep interest rates at restrictive levels for some time. In the job market, Bauer said that if the strong employment data continues, further interest rateContinue Reading
February Futures Rollover Announcement – February 08, 2023
Written on February 8, 2023 at 1:39 am, by anakin
Dear Client, The new futures rollover dates are listed in the table below. Please note: • The rollover will be done automatically. All existing positions will remain open. • Positions that are open on the expiration date will be adjusted via a rollover charge or credit to reflect the price difference between the expiring andContinue Reading
February Futures Rollover Announcement – February 08, 2023
Written on February 8, 2023 at 1:32 am, by anakin
Dear Client, The new futures rollover dates are listed in the table below. Please note: • The rollover will be done automatically. All existing positions will remain open. • Positions that are open on the expiration date will be adjusted via a rollover charge or credit to reflect the price difference between the expiring andContinue Reading
Strong US jobs data boosts economic transition optimism
Written on February 7, 2023 at 2:10 am, by anakin
US stocks declined lower on Monday, extending their previous slide, and continued to give back some of this year’s gains amid a dismal market mood. Hawkish Fed bets underpin the US Treasury bond yields and US Dollar, which exerted bearish pressure on equity markets. Meanwhile, traders are waiting to see if Jerome Powell will dampen the bullishContinue Reading
Strong US jobs data boosts economic transition optimism
Written on February 7, 2023 at 2:10 am, by anakin
US stocks declined lower on Monday, extending their previous slide, and continued to give back some of this year’s gains amid a dismal market mood. Hawkish Fed bets underpin the US Treasury bond yields and US Dollar, which exerted bearish pressure on equity markets. Meanwhile, traders are waiting to see if Jerome Powell will dampen the bullishContinue Reading
VT Markets partners up with investfox – a leading FX broker rating platform
Written on February 6, 2023 at 7:38 am, by anakin
VT Markets and investfox have formed a strategic partnership with a goal to deliver a better experience for traders and investors in the financial market. VT Markets is committed to providing its clients with a full range of trading products and services that meet their diverse needs, including currencies, stocks, commodities, metals, energies, and indices.Continue Reading
Week ahead: Will the Reserve Bank of Australia increase its rates this month?
Written on February 6, 2023 at 1:36 am, by anakin
The upcoming week will bring much anticipation for the financial community as the Reserve Bank of Australia (RBA) is set to announce its latest monetary policy decision. The central bank has been on a streak of consecutive rate hikes, but speculation has been brewing about whether or not it will continue this trend. With theContinue Reading
NFP surprised markets rose by 517K
Written on February 6, 2023 at 1:33 am, by anakin
US stocks declined lower last Friday, posting weekly gains but ended its three-day advance after a volatile Friday session as investors contended with data pointing to a robust labor market. On Friday, the US Bureau of Labor Statistics (BLS) surprised markets by revealing that the Nonfarm Payrolls (NFP) rose by 517K in January, which cameContinue Reading
NFP surprised markets rose by 517K
Written on February 6, 2023 at 1:33 am, by anakin
US stocks declined lower last Friday, posting weekly gains but ended its three-day advance after a volatile Friday session as investors contended with data pointing to a robust labor market. On Friday, the US Bureau of Labor Statistics (BLS) surprised markets by revealing that the Nonfarm Payrolls (NFP) rose by 517K in January, which cameContinue Reading
Powell’s dovish message boosted stocks
Written on February 3, 2023 at 8:16 am, by anakin
The Nasdaq and S&P 500 indexes closed higher and hit roughly five-month highs on Thursday (Feb. 2), as a more dovish-than-expected message from Fed Chairman Jerome Powell boosted stocks and Meta Platforms shares surged on tight cost controls. The S&P 500 rose 1.47% to 4,179.76, its highest level since August. Meanwhile, the technology-focused Nasdaq CompositeContinue Reading
