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Daily Market Analysis Market Focus                US equities plummeted whilst the selloff in global bonds deepened, the US 10-year treasury yield SOARED to one-year high of 1.545%, a jaw-dropping 10.56% in one day. Technology stocks were leading the rout, the Nasdaq 100 slumped about 3.6%. The recent Tesla-ARK synergy Continue Reading

Daily Market Analysis Market Focus US equities reversed losses and staged a rally as Federal Reserve Chairman Jerome Powell reaffirmed his view that the economy needs support. Government bond yields climbed along with oil prices. Energy and industrial companies led gains in the S&P 500 Index, offsetting weakness for tech stocks. Banks advanced, sending an Continue Reading

Daily Market Analysis Market Focus US equity market took a hit at its opening on Tuesday ahead of Powell testimony, the S&P 500 Index declined as much as 1.8% whereas the Nasdaq 100 plunge reached 3.5%. These losses were mostly pared after reassuring comments from the Fed chairman Jerome Powell on inflation and the outlook Continue Reading

VT Markets, one of the leading Forex and CFD brokers in APAC, is pleased to offer MetaTrader 5 platform to its clients from today. Traders with VT Markets are now able to trade over 300 assets on MetaTrader 4, MetaTrader 5 and WebTrader. Chris Nelson-Smith, the director of VT Markets, said: “I am very pleased Continue Reading

Daily Market Analysis Market Focus Tech stocks dropped on valuation concerns while commodities rallied, and bond yields rose with investors pricing in stronger growth and faster inflation as the global economy recovers. The Nasdaq 100 tumbled more than 2.5% to a three-week low as investors questioned the appeal of expensive, growth-focused stocks. The S&P 500 Continue Reading