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 cs@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 cs@vtmarkets.com.

Dear Client,

Please note that when constituent stocks of a market index generate dividends, VT Markets will make dividends and deductions for clients who hold the products after the close of the day before the ex-dividend date.

The dividends will not be paid/charged as an inclusion along with Swap. It will be executed separately in your account and the record will be annotated as “Div & Product Name & Net Volume”.

Please note the specific adjustments as follows:

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 cs@vtmarkets.com.

The financial markets will be monitoring the Bank of Japan policy statement this week. The central bank is expected to keep its short-term interest rate at -0.1%, the same as the previous month. 

Meanwhile, Canada will also be under scrutiny, as its Consumer Price Index is expected to rise by 0.4% in November.

Here are the upcoming events for this week:

Bank of Japan Monetary Policy Statement (20 December)

In its October policy statement, the Bank of Japan kept its key short term interest rate at -0.1% and that for 10-year bond yields around 0%. However, it revised its inflation forecast to 2.9% from 2.3% in July, citing surging prices of energy, food, and durable goods.

Analysts expect the bank to keep its policy unchanged for this month.

Canada’s Consumer Price Index (21 December)

Canada’s Consumer Price Index (CPI) increased by 0.7% in October over the previous month. According to analysts, Canada’s CPI is expected to rise a further 0.4% in November.

Canada’s Gross Domestic Product (23 December)

The Canadian economy expanded by 0.1% in September, reversing an upwardly revised 0.3% increase in August.

Economists expect the country’s gross domestic product to be unchanged in October.

US Core PCE Price Index (23 December)

The US Core PCE Price Index, excluding food and energy, increased by 0.2% month-on-month in October compared with 0.5% in September.

Analysts expect the index to rise by another 0.2% in November.

VT Markets, a global multi-asset broker, has announced their overall company performance for 2022. This year, they have further established their position as one of the fastest-growing, most innovative and best-performing brokerages in the industry. 

Significant growth was observed in two key areas of their trading platform — total number of active traders and total volume of trade. Since 2021, the total number of active traders on VT Markets surged by 140%, while the total trading volume saw a 125% increase.

VT Markets’ success was driven by an emphasis on innovation, product diversification and expansion into newer markets. The brokerage ventured beyond traditional trading products, and offered more diverse instruments such as indices, bonds, and ETFs. They also expanded their business operations globally. 

In the last quarter of the year, VT Markets also launched their exclusive loyalty program, VT Markets ClubBleu. This rewarding initiative was put in place as recognition for its clients  who have played a key role in contributing to the growth of the company. 

When reflecting upon the huge strides that VT Markets has taken the past year, Chris Nelson-Smith, Director at VT Markets, commented, “We’re proud of how far we’ve come as a brokerage, and of all the outstanding results we’ve achieved this year. Our customer-centric approach is testament to how much we recognise and value our clients who have unreservedly been an integral part of our long-term success. We are truly grateful for their support, and we promise to continue providing reliable products and personalised services to cater to their needs.”

“We are committed to continuing to develop our offerings to keep up with the changing markets and industry trends so that we can continue to be industry leaders. We look forward to emulating the successes we’ve achieved so far, and  would like to extend our sincerest thanks to all of our clients for their continued trust in VT Markets,” Chris Nelson-Smith added. 

Dear Client,

Warmly reminds you that the component stocks in the stock index spot generate dividends. When dividends are distributed, VT Markets will make dividends and deductions for the clients who hold the trading products after the close of the day before the ex-dividend date.

Indices dividends will not be paid/charged as an inclusion along with the swap component. It will be executed separately through a balance statement directly to your trading account, the comment for which will be in the following format “Div & Product Name & Net Volume ”.

Please note the specific adjustments as follows:

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 cs@vtmarkets.com.

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 :

2022/12/17 00:00 – 24:00 (Server time)

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

1. The features on VT Markets app/MT4/MT5 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 cs@vtmarkets.com

Dear Client,

To provide you with a better trading condition, VT Markets will increase the leverage for oil products and indices on 19 December 2022.

The above data is for reference only, please refer to the MT4/MT5 software for specific data.

Please note:

1. Other contract specifications will remain the same as before.

2. Clients can continue to hold their open positions during the optimisation.

3. This optimisation might affect the margin level. Please ensure you have enough funds in your account to cover any additional margin requirements.

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

The upcoming financial week will be filled with economic data and speculation, as inflation and interest rate decisions will be announced by most central banks.

The CPI inflation figures in the US are expected to rise by 0.3% in November, which might signify another slowdown in inflation. The financial markets will pay close attention to these figures as they could impact the Fed interest rate decision.

The UK Consumer Price Index annual inflation rate is expected to rise to 11.3% in November.

Meanwhile, the Swiss National Bank (SNB), Bank of England (BoE), and European Central Bank (ECB) are scheduled to announce their monetary policy decisions this week.

Here are the financial market updates for the week ahead:

​​UK Gross Domestic Product (12 December)

In September, UK Gross Domestic Product contracted by 0.6% month-on-month, following a downwardly revised 0.1% decline in August.

UK GDP is expected to increase by 0.4% in October.

US Consumer Price Index (13 December)

October’s US CPI increased 0.4% month-on-month, slowing the annual inflation rate in the US to 7.7% in October, the lowest since January 2022. 

Analysts predict that November’s CPI will increase slightly by 0.3%, to 7.6%.

UK Consumer Price Index (14 December)

The CPI annual inflation rate in the UK jumped from 10.1% in September to 11.1% in October, and analysts expect that it will further rise to 11.3% in November.

Fed Interest Rate Decision (15 December)

The Federal Reserve increased its benchmark interest rate by 75bps, to 3.75% – 4% in November, which marks the sixth consecutive hike and the fourth three-quarter point increase.

Jerome Powell, the current Fed chairman, has hinted that the Fed may scale back the pace of its interest rate hikes come December. Analysts believe the Fed will raise the federal funds rate by 50bps this month.

SNB, BoE, ECB Rate Statement (15 December)

Monetary policy decisions by the SNB, BoE, and ECB are being closely monitored this week.

SNB increased its interest rate by 75bps and is forecast to increase by a further 50bps in December to 1%.

BoE voted to raise interest rates by 75bps to 3% in November, with interest rates expected to increase by 50bps to 3.5%.

ECB increased its key interest rate by 75bps. Analysts forecast ECB to raise another 50bps in December.

US Retail Sales (15 December)

The US retail sales rose 1.3% month-on-month in October after a flat reading in September.

According to analysts, retail sales is either expected to maintain at 0.0%, or fall by 0.1% in November.

Eurozone, UK, and US Flash Services and Manufacturing PMI (16 December)

French and German Flash Services PMI declined in November. However, an increase was recorded in their manufacturing PMI.

On the other hand, UK Flash Services and Manufacturing PMI remained the same in November from the previous month. In the US, Flash Services PMI fell from October to November.

Flash Services PMI in France and Germany is expected to decline in December, with UK and US figures forecast to rise. Manufacturing PMI in the UK, France, and Germany may also decline for this month.

Dear Client,

To provide you with a better trading environment, VT Markets will increase the maximum lot size of certain products on 19 December 2022.

The above data is for reference only, please refer to the MT4/MT5 software for specific data.

Please note:

1. Other contract specifications will remain the same.

2. Clients can continue to hold their open positions before the adjustment.

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