Dear Client,

To provide you with more diverse trading options, VT Markets will launch 7 new products on 27th March 2023.

You can now trade the world’s popular products on MetaTrader 4 and 5 with the following specifications:

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,

The trading hours of some products will be adjusted due to several reasons, such as DST. These adjustments will be put into effect on March 26 and 27.

Please refer to the form below for more information:

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

This week, the financial world eagerly anticipates crucial events, including the FOMC meeting and the BoE Rate Statement. Additionally, vital economic data, including CPI and PPI figures, will be published by major economies like Canada and the UK. Keeping a close watch on these indicators can empower traders to make more well-informed decisions.

Here are key events to watch out for:

Consumer Price Index (CPI) | Canada (March 21)

Canada’s CPI increased 0.5% in January 2023 from the previous month. 

Analysts anticipate a 0.3% increase in February.

Producer Price Index (PPI) | UK (March 22)

The PPI in the UK fell 0.6% month-on-month in January 2023, the first decline in a year and the biggest drop since January of 2019.

Analysts expect a 0.5% increase in February.

FOMC Rate Statement (March 23)

The Fed raised the target range for Fed funds by 25bps to 4.5%-4.75% in its February 2023 meeting.

Analysts anticipate the Fed will raise another 25bps to 5% at its next meeting. 

Swiss National Bank Rate Statement | Switzerland (March 23)

The SNB brought its interest rate out of the negative territory with two rate hikes in September and December 2022, ending the year with a 1% interest rate. The central bank also indicated that future rate hikes may be required to maintain price stability over the medium term.

Analysts predict that SNB will increase interest rates by 50bps to 1.5% at this month’s meeting.

Bank of England (BoE) Rate Statement | UK (March 23)

During its February meeting, the BoE voted 7-2 to raise interest rates by 50bps to 4%.

Analysts predict that the next increase will be at 25bps to 4.25%.

UK and US Flash Services and Manufacturing PMI (March 24)

In February 2023, the UK Services PMI was revised up to 53.5 from 48.7, and the UK Manufacturing PMI was revised up to 49.3 from 47. Meanwhile, the US Services PMI came in at 50.6 during the same period, above January’s 46.8. 

Analysts anticipate lower releases of the UK Flash Manufacturing and Services PMIs for February, at 48.3 and 50.7, respectively. The US Flash Services is expected to be released lower at 50.1.

Dear Client,

As part of our commitment to provide the most reliable service to our clients, there will be server maintenance this weekend.

Maintenance Hours :
18th of March 2023 (Saturday): 02:00 – 04:00 (GMT+3)

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

1. The price quote feature on the Client Portal will be temporarily unavailable. You will not be able to open new positions or close existing positions.

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.

3. Certain features on the Client Portal will be temporarily unavailable.

4. 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

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 following instruments’ trading hours will be affected by the upcoming holidays.

Note: The dash sign (-) indicates normal trading hours.

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.

This week, market participants are closely monitoring the release of key economic indicators in the US, including the Consumer Price Index, Producer Price Index, and Retail Sales. The Rate Statement from the European Central Bank is also expected to draw significant attention. These highly anticipated releases have the potential to cause significant fluctuations in the markets, providing valuable insights for traders to guide their decisions.

Here are key events to watch out for:

Consumer Price Index (CPI) | US (March 14)

In January 2023, the US witnessed a 0.5% month-on-month rise in consumer prices, the most in three months. 

Analysts anticipate a 0.4% increase in February.

Producer Price Index (PPI) | US (March 15)

Producer prices for final demand in the US increased 0.7% month-on-month in January 2023, the most in seven months.

Analysts expect a 0.3% increase in February.

Retail Sales | US (March 15)

Retail sales in the US unexpectedly jumped 3% month-on-month in January 2023, the biggest increase since March 2021.

For February, analysts expect a 0.2% increase.

Employment Change | Australia (March 16)

Employment in Australia unexpectedly declined by 11,500 to 13.72 million in January 2023. Meanwhile, unemployment rate unexpectedly increased to 3.7% in January 2023 from December’s near five-decade low of 3.5%.

For February, analysts estimate that 51,000 jobs will be added, while unemployment rate will be at 3.6%

European Central Bank Rate Statement (March 16)

The ECB raised its interest rate by 50bps to 3% in February 2023.

Markets have fully priced in a 50bps increase this month, with a chance of a similar hike to be delivered in May, after several policymakers backed the idea that rates will have to rise higher and stay higher for some time to bring inflation back to target.

Prelim UoM Consumer Sentiment (March 17)

The University of Michigan’s consumer sentiment for the US rose to 67 in February 2023, up from the preliminary reading of 66.4, and marking the highest level since January 2022. 

Analysts anticipate that the index for this month will be in the range of 67.5 to 68.

Dear Client,

As part of our commitment to provide the most reliable service to our clients,
there will be server maintenance this weekend.

Maintenance Hours :
12th of March 2023 (Sunday) : 08:00 – 15:00 (GMT+3)

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

1. The price quote feature on the Client Portal will be temporarily unavailable. You will not be able to open new positions or close existing positions.

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.

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 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:

If you’d like more information, please don’t hesitate to contact info@vtmarkets.com

Dear Client,

The adjustment of DST will be commencing on March 12th.

Please consider below carefully: The trading sessions of some products on MT4/MT5 will be changed as follows.

Please find the table below for more information.

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.