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	<item>
		<title>Dividend Adjustment Notice &#8211; August 11, 2023</title>
		<link>https://eu.vtmarkets.com/en-eu/dividend/v2023081102/</link>
		
		<dc:creator><![CDATA[]]></dc:creator>
		<pubDate>Fri, 11 Aug 2023 08:01:56 +0000</pubDate>
				<category><![CDATA[Dividend]]></category>
		<guid isPermaLink="false">https://eu.vtmarkets.com/en-eu/dividend/v2023081102/</guid>

					<description><![CDATA[<p>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 &#38; Product Name &#38; Net Volume ”. Please refer to the table below for more<a href="https://eu.vtmarkets.com/en-eu/dividend/v2023081102/" class="read-more">Continue Reading</a></p>
<p>The post <a href="https://eu.vtmarkets.com/en-eu/dividend/v2023081102/">Dividend Adjustment Notice – August 11, 2023</a> first appeared on <a href="https://eu.vtmarkets.com/en-eu">VT Markets</a>.</p>]]></description>
										<content:encoded><![CDATA[<p>
Dear Client, 
</p>
<p>
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 &amp; Product Name &amp; Net Volume ”. 
</p>
<p>
Please refer to the table below for more details: 
</p>
<p>
<img decoding="async" src="/email_img/email2023081102.png?v=5">
</p>
<p style='color:red'>
The above data is for reference only, please refer to the MT4/MT5 software for specific data. 
</p>
<p>
If you’d like more information, please don’t hesitate to contact <a href="mailto:info@vtmarkets.com">info@vtmarkets.com.</a>
</p>
<p><a class="a2a_button_facebook" href="https://www.addtoany.com/add_to/facebook?linkurl=https%3A%2F%2Feu.vtmarkets.com%2Fen-eu%2Fdividend%2Fv2023081102%2F&amp;linkname=Dividend%20Adjustment%20Notice%20%E2%80%93%20August%2011%2C%202023" title="Facebook" rel="nofollow noopener" target="_blank"></a><a class="a2a_button_twitter" href="https://www.addtoany.com/add_to/twitter?linkurl=https%3A%2F%2Feu.vtmarkets.com%2Fen-eu%2Fdividend%2Fv2023081102%2F&amp;linkname=Dividend%20Adjustment%20Notice%20%E2%80%93%20August%2011%2C%202023" title="Twitter" rel="nofollow noopener" target="_blank"></a><a class="a2a_button_email" href="https://www.addtoany.com/add_to/email?linkurl=https%3A%2F%2Feu.vtmarkets.com%2Fen-eu%2Fdividend%2Fv2023081102%2F&amp;linkname=Dividend%20Adjustment%20Notice%20%E2%80%93%20August%2011%2C%202023" title="Email" rel="nofollow noopener" target="_blank"></a><a class="a2a_dd addtoany_share_save addtoany_share" href="https://www.addtoany.com/share#url=https%3A%2F%2Feu.vtmarkets.com%2Fen-eu%2Fdividend%2Fv2023081102%2F&#038;title=Dividend%20Adjustment%20Notice%20%E2%80%93%20August%2011%2C%202023" data-a2a-url="https://eu.vtmarkets.com/en-eu/dividend/v2023081102/" data-a2a-title="Dividend Adjustment Notice – August 11, 2023"></a></p><p>The post <a href="https://eu.vtmarkets.com/en-eu/dividend/v2023081102/">Dividend Adjustment Notice – August 11, 2023</a> first appeared on <a href="https://eu.vtmarkets.com/en-eu">VT Markets</a>.</p>]]></content:encoded>
					
		
		
			</item>
		<item>
		<title>Dow Edges Higher on Disney Rally and Moderate Inflation Data</title>
		<link>https://eu.vtmarkets.com/en-eu/analysis/dow-edges-higher-on-disney-rally-and-moderate-inflation-data/</link>
		
		<dc:creator><![CDATA[]]></dc:creator>
		<pubDate>Fri, 11 Aug 2023 02:24:01 +0000</pubDate>
				<category><![CDATA[Market Analysis]]></category>
		<category><![CDATA[quotations analysis]]></category>
		<guid isPermaLink="false">https://eu.vtmarkets.com/en-eu/analysis/dow-edges-higher-on-disney-rally-and-moderate-inflation-data/</guid>

					<description><![CDATA[<p>The Dow Jones Industrial Average saw a modest increase on Thursday, propelled by a surge in Disney&#8217;s stock following their post-earnings announcement of a price hike for ad-free Disney+ subscriptions. The market was also buoyed by a key inflation report that revealed slightly lower year-over-year inflation growth than economists had predicted. The blue-chip index gained<a href="https://eu.vtmarkets.com/en-eu/analysis/dow-edges-higher-on-disney-rally-and-moderate-inflation-data/" class="read-more">Continue Reading</a></p>
<p>The post <a href="https://eu.vtmarkets.com/en-eu/analysis/dow-edges-higher-on-disney-rally-and-moderate-inflation-data/">Dow Edges Higher on Disney Rally and Moderate Inflation Data</a> first appeared on <a href="https://eu.vtmarkets.com/en-eu">VT Markets</a>.</p>]]></description>
										<content:encoded><![CDATA[<p>The Dow Jones Industrial Average saw a modest increase on Thursday, propelled by a surge in Disney&#8217;s stock following their post-earnings announcement of a price hike for ad-free Disney+ subscriptions. The market was also buoyed by a key inflation report that revealed slightly lower year-over-year inflation growth than economists had predicted. The blue-chip index gained 52.79 points, or 0.15%, closing at 35,176.15. While all three major indexes had initially climbed more than 1% earlier in the day, the Nasdaq Composite and S&amp;P 500 are projected to conclude the week with slight declines of 1.2% and 0.2%, respectively, while the Dow is set for a 0.3% advance.</p>



<p>The inflation report for July showed an annual consumer price increase of 3.2%, slightly under the 3.3% consensus projected by economists polled by Dow Jones. Despite this moderate figure, the core July CPI reading, which excludes food and energy, marked a substantial increase of 4.7% on an annual basis, well above the Federal Reserve&#8217;s targeted 2% inflation rate. Additionally, Disney&#8217;s positive earnings announcement drove a 4.9% surge in their stock, making them the top performer in the Dow. Other positive contributors included Wynn Resorts, which advanced 2.6% due to better-than-expected earnings. As earnings season continued, more than 90% of S&amp;P 500 companies had reported their quarterly earnings, with around 80% surpassing Wall Street expectations, according to FactSet data.</p>



<p></p>


<div class="wp-block-image">
<figure class="aligncenter size-full"><img decoding="async" src="https://www.vtmarkets.com/wp-content/uploads/2023/08/image-24.png" alt="" class="wp-image-9901" /></figure></div>


<p class="has-text-align-center"><strong>Data by </strong><a href="https://www.bloomberg.com/markets/sectors"><strong>Bloomberg</strong></a></p>



<p></p>



<p>On Thursday, the overall market saw a slight uptick of 0.03%. Among the sectors, Communication Services led the gains with a notable increase of 0.43%, followed by Consumer Discretionary at 0.28%, and Materials at 0.09%. Energy, Financials, and Information Technology all saw minor gains of 0.08% and 0.01%, respectively.</p>



<p>However, Health Care experienced a slight decline of -0.04%, while Consumer Staples, Industrials, Real Estate, and Utilities encountered more notable drops, with decreases of -0.20%, -0.28%, -0.31%, and -0.32% respectively.</p>



<p></p>



<p><strong>Major Pair Movement</strong></p>



<p>During the NorAm session, the dollar index initially weakened due to a near-forecast U.S. CPI reading causing a brief drop in Treasury yields, almost touching last Friday&#8217;s lows. However, the dollar swiftly rebounded, erasing its losses along with rising Treasury yields. The expected and confirmed 0.2% monthly rise in both all-items and core CPI led to an initial decline in Treasury yields and a temporary weakening of the dollar against the euro and other currencies supported by risk-on sentiment. But the dollar regained strength, propelled by hawkish comments from San Francisco Federal Reserve Bank President Mary Daly and driven by a de-risking event after Treasury yields surged post a lackluster 30-year Treasury auction. This shift favored the dollar, causing EUR/USD to lose its earlier gains, while USD/JPY bounced back from intraday lows toward 2023&#8217;s highs.</p>



<p>Meanwhile, sterling&#8217;s early gains turned into a 0.3% loss as risk sentiment waned, compounded by concerns about the BoE&#8217;s potential economic slowdown following its final rate hikes. EUR/JPY approached a 15-year high due to the BoJ&#8217;s unchanged policy rate and steady cap on 10-year JGB yields, which was unaffected by a post-BoJ meeting peak. Amid ongoing worries about China&#8217;s hesitant economic recovery and trade conflicts, the Australian dollar shed its earlier gains, and the Chinese yuan (CNH) fell 0.2%.</p>



<p></p>



<p><strong>Picks of the Day Analysis</strong></p>



<p><strong>EUR/USD (4 Hours)</strong></p>



<p><a href="https://www.tradingview.com/symbols/EURUSD/" target="_blank" rel="noreferrer noopener"><strong>EUR/USD</strong></a><strong> Reverses Gains Amidst US Inflation Data and Stronger Dollar</strong></p>



<p>The EUR/USD initially surged above 1.1050 following US inflation data, but later retreated, erasing its daily gains as the US Dollar gained strength. The pair remained confined within a well-known range, influenced by key moving averages, while the robust US Dollar continued to limit its movement. The US inflation report for July indicated an annual Consumer Price Index (CPI) rate of 3.2%, slightly below the market consensus of 3.3%, with a monthly increase of 0.2%. Despite the rise, the report resembled pre-pandemic levels and did not signal the end of deflationary pressures. The US Dollar strengthened during the American session due to worsening market sentiment and higher US Treasury yields, with the US 10-year yield reaching 4.10%, its highest in three days. The US Dollar Index was on track for its strongest daily close in a month, surpassing 102.50. The report also highlighted an increase in Initial Jobless Claims to 248,000, above the expected 230,000. The upcoming US Producer Price Index data and Europe&#8217;s July inflation readings are expected to impact further developments. The EUR/USD&#8217;s price action hinges on USD dynamics, with potential weakening tied to improved risk sentiment and ongoing deflation in the US. However, current momentum still indicates Dollar strength.</p>



<p></p>


<div class="wp-block-image">
<figure class="aligncenter size-full"><img decoding="async" src="https://www.vtmarkets.com/wp-content/uploads/2023/08/image-25.png" alt="" class="wp-image-9902" /></figure></div>


<p class="has-text-align-center"><a href="https://www.tradingview.com/symbols/EURUSD/?exchange=FX_IDC" target="_blank" rel="noreferrer noopener">Chart EURUSD by TradingView</a></p>



<p></p>



<p>Based on technical analysis, the EUR/USD created a higher spike as the US CPI data was released lower than expected and reached the upper band of the Bollinger Bands. However, it then moved lower to reach the middle band and is currently experiencing a slight upward movement above the middle band of the Bollinger Bands. The Relative Strength Index (RSI) is currently at 51, indicating that the EUR/USD is in a consolidation phase.</p>



<p><strong>Resistance: 1.1038, 1.1121</strong></p>



<p><strong>Support: 1.0915, 1.0839</strong></p>



<p></p>



<p><strong>XAU/USD (4 Hours)</strong></p>



<p><a href="https://www.tradingview.com/symbols/XAUUSD/" target="_blank" rel="noreferrer noopener"><strong>XAU/USD</strong></a><strong> </strong><strong>Prices React to US CPI Release and Dollar Fluctuations</strong></p>



<p>Gold prices experienced selling pressure, hovering around $1,920 after reaching a peak of $1,930.09 post the United States Consumer Price Index (CPI) release. The XAU/USD pair initially rose as China&#8217;s eased travel restrictions lifted sentiment and speculative interest shifted away from the US Dollar ahead of the inflation update. The CPI data, in line with expectations, showed a 0.2% monthly increase in July and a 3.2% yearly rise, slightly below the anticipated 3.3%. The core annual reading, at 4.7%, was a slight decline from June&#8217;s 4.8%. These figures supported the idea of a prolonged pause in Federal Reserve monetary tightening, leading to a decline in the US Dollar against major counterparts. However, Dollar strength returned later, erasing rivals&#8217; gains influenced by the CPI data. Optimism waned after comments by Federal Reserve Bank of San Francisco President Mary Daly, emphasizing data-dependent rate decisions and noting that the CPI data, though as expected, doesn&#8217;t signal victory on inflation.</p>



<p></p>


<div class="wp-block-image">
<figure class="aligncenter size-full"><img decoding="async" src="https://www.vtmarkets.com/wp-content/uploads/2023/08/image-26.png" alt="" class="wp-image-9903" /></figure></div>


<p class="has-text-align-center"><a href="https://www.tradingview.com/symbols/XAUUSD/?exchange=FX_IDC" target="_blank" rel="noreferrer noopener">Chart XAUUSD by TradingView</a></p>



<p></p>



<p>Based on technical analysis, the XAU/USD witnessed a slight decrease on Thursday following a previous upward movement triggered by the release of the US CPI data. The price managed to reach the middle band of the Bollinger Bands during this movement. At present, the price is retracing lower and is marginally positioned above the lower band of the Bollinger Bands. The Relative Strength Index (RSI) is currently at 37, indicating that the XAU/USD pair is exhibiting a somewhat bearish sentiment.</p>



<p><strong>Resistance: $1,923, $1,936</strong></p>



<p><strong>Support: $1,914, $1,902</strong></p>



<p></p>



<p><strong>Economic Data</strong></p>



<figure class="wp-block-table is-style-stripes"><table><thead><tr><th class="has-text-align-center" data-align="center">Currency</th><th class="has-text-align-center" data-align="center">Data</th><th class="has-text-align-center" data-align="center">Time (GMT + 8)</th><th class="has-text-align-center" data-align="center">Forecast</th></tr></thead><tbody><tr><td class="has-text-align-center" data-align="center">GBP</td><td class="has-text-align-center" data-align="center">Gross Domestic Product m/m</td><td class="has-text-align-center" data-align="center">14:00</td><td class="has-text-align-center" data-align="center">0.2%</td></tr><tr><td class="has-text-align-center" data-align="center">USD</td><td class="has-text-align-center" data-align="center">Producer Price Index m/m</td><td class="has-text-align-center" data-align="center">20:30</td><td class="has-text-align-center" data-align="center">0.2%</td></tr><tr><td class="has-text-align-center" data-align="center">USD</td><td class="has-text-align-center" data-align="center">Core Producer Price Index m/m</td><td class="has-text-align-center" data-align="center">20:30</td><td class="has-text-align-center" data-align="center">0.2%</td></tr><tr><td class="has-text-align-center" data-align="center">USD</td><td class="has-text-align-center" data-align="center">Prelim UoM Consumer Sentiment</td><td class="has-text-align-center" data-align="center">22:00</td><td class="has-text-align-center" data-align="center">71.4</td></tr></tbody></table></figure>


<p><a class="a2a_button_facebook" href="https://www.addtoany.com/add_to/facebook?linkurl=https%3A%2F%2Feu.vtmarkets.com%2Fen-eu%2Fanalysis%2Fdow-edges-higher-on-disney-rally-and-moderate-inflation-data%2F&amp;linkname=Dow%20Edges%20Higher%20on%20Disney%20Rally%20and%20Moderate%20Inflation%20Data" title="Facebook" rel="nofollow noopener" target="_blank"></a><a class="a2a_button_twitter" href="https://www.addtoany.com/add_to/twitter?linkurl=https%3A%2F%2Feu.vtmarkets.com%2Fen-eu%2Fanalysis%2Fdow-edges-higher-on-disney-rally-and-moderate-inflation-data%2F&amp;linkname=Dow%20Edges%20Higher%20on%20Disney%20Rally%20and%20Moderate%20Inflation%20Data" title="Twitter" rel="nofollow noopener" target="_blank"></a><a class="a2a_button_email" href="https://www.addtoany.com/add_to/email?linkurl=https%3A%2F%2Feu.vtmarkets.com%2Fen-eu%2Fanalysis%2Fdow-edges-higher-on-disney-rally-and-moderate-inflation-data%2F&amp;linkname=Dow%20Edges%20Higher%20on%20Disney%20Rally%20and%20Moderate%20Inflation%20Data" title="Email" rel="nofollow noopener" target="_blank"></a><a class="a2a_dd addtoany_share_save addtoany_share" href="https://www.addtoany.com/share#url=https%3A%2F%2Feu.vtmarkets.com%2Fen-eu%2Fanalysis%2Fdow-edges-higher-on-disney-rally-and-moderate-inflation-data%2F&#038;title=Dow%20Edges%20Higher%20on%20Disney%20Rally%20and%20Moderate%20Inflation%20Data" data-a2a-url="https://eu.vtmarkets.com/en-eu/analysis/dow-edges-higher-on-disney-rally-and-moderate-inflation-data/" data-a2a-title="Dow Edges Higher on Disney Rally and Moderate Inflation Data"></a></p><p>The post <a href="https://eu.vtmarkets.com/en-eu/analysis/dow-edges-higher-on-disney-rally-and-moderate-inflation-data/">Dow Edges Higher on Disney Rally and Moderate Inflation Data</a> first appeared on <a href="https://eu.vtmarkets.com/en-eu">VT Markets</a>.</p>]]></content:encoded>
					
		
		
			</item>
		<item>
		<title>Notification of Server Upgrade &#8211; August 11, 2023</title>
		<link>https://eu.vtmarkets.com/en-eu/notification/v2023081101/</link>
		
		<dc:creator><![CDATA[]]></dc:creator>
		<pubDate>Fri, 11 Aug 2023 01:35:52 +0000</pubDate>
				<category><![CDATA[通告]]></category>
		<guid isPermaLink="false">https://eu.vtmarkets.com/en-eu/notification/v2023081101/</guid>

					<description><![CDATA[<p>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 August 2023 (Saturday) 14:00 – 18:00 (GMT+3) Please note that the following aspects might be affected during the maintenance: 1. The price quote and trading management will<a href="https://eu.vtmarkets.com/en-eu/notification/v2023081101/" class="read-more">Continue Reading</a></p>
<p>The post <a href="https://eu.vtmarkets.com/en-eu/notification/v2023081101/">Notification of Server Upgrade – August 11, 2023</a> first appeared on <a href="https://eu.vtmarkets.com/en-eu">VT Markets</a>.</p>]]></description>
										<content:encoded><![CDATA[<p>
Dear Client, 
</p>
<p>
As part of our commitment to provide the most reliable service to our clients, there will be server maintenance this weekend. 
</p>
<p>
Maintenance Hours :<br />
12th of August 2023 (Saturday) 14:00 – 18:00 (GMT+3)
</p>
<p>
Please note that the following aspects might be affected during the maintenance: 
</p>
<p>
1. 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.
<p>
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.  
</p>
<p>
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. 
</p>
<p>
Thank you for your patience and understanding about this important initiative. 
</p>
<p>
If you&#8217;d like more information, please don&#8217;t hesitate to contact <a href="mailto:info@vtmarkets.com">info@vtmarkets.com.</a>
</p>
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			</item>
		<item>
		<title>Dividend Adjustment Notice &#8211; August 10, 2023</title>
		<link>https://eu.vtmarkets.com/en-eu/dividend/v2023081001/</link>
		
		<dc:creator><![CDATA[]]></dc:creator>
		<pubDate>Thu, 10 Aug 2023 08:19:27 +0000</pubDate>
				<category><![CDATA[Dividend]]></category>
		<guid isPermaLink="false">https://eu.vtmarkets.com/en-eu/dividend/v2023081001/</guid>

					<description><![CDATA[<p>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 &#38; Product Name &#38; Net Volume ”. Please refer to the table below for more<a href="https://eu.vtmarkets.com/en-eu/dividend/v2023081001/" class="read-more">Continue Reading</a></p>
<p>The post <a href="https://eu.vtmarkets.com/en-eu/dividend/v2023081001/">Dividend Adjustment Notice – August 10, 2023</a> first appeared on <a href="https://eu.vtmarkets.com/en-eu">VT Markets</a>.</p>]]></description>
										<content:encoded><![CDATA[<p>
Dear Client, 
</p>
<p>
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 &amp; Product Name &amp; Net Volume ”. 
</p>
<p>
Please refer to the table below for more details: 
</p>
<p>
<img decoding="async" src="/email_img/email2023081001.png?v=5">
</p>
<p style='color:red'>
The above data is for reference only, please refer to the MT4/MT5 software for specific data. 
</p>
<p>
If you’d like more information, please don’t hesitate to contact <a href="mailto:info@vtmarkets.com">info@vtmarkets.com.</a>
</p>
<p><a class="a2a_button_facebook" href="https://www.addtoany.com/add_to/facebook?linkurl=https%3A%2F%2Feu.vtmarkets.com%2Fen-eu%2Fdividend%2Fv2023081001%2F&amp;linkname=Dividend%20Adjustment%20Notice%20%E2%80%93%20August%2010%2C%202023" title="Facebook" rel="nofollow noopener" target="_blank"></a><a class="a2a_button_twitter" href="https://www.addtoany.com/add_to/twitter?linkurl=https%3A%2F%2Feu.vtmarkets.com%2Fen-eu%2Fdividend%2Fv2023081001%2F&amp;linkname=Dividend%20Adjustment%20Notice%20%E2%80%93%20August%2010%2C%202023" title="Twitter" rel="nofollow noopener" target="_blank"></a><a class="a2a_button_email" href="https://www.addtoany.com/add_to/email?linkurl=https%3A%2F%2Feu.vtmarkets.com%2Fen-eu%2Fdividend%2Fv2023081001%2F&amp;linkname=Dividend%20Adjustment%20Notice%20%E2%80%93%20August%2010%2C%202023" title="Email" rel="nofollow noopener" target="_blank"></a><a class="a2a_dd addtoany_share_save addtoany_share" href="https://www.addtoany.com/share#url=https%3A%2F%2Feu.vtmarkets.com%2Fen-eu%2Fdividend%2Fv2023081001%2F&#038;title=Dividend%20Adjustment%20Notice%20%E2%80%93%20August%2010%2C%202023" data-a2a-url="https://eu.vtmarkets.com/en-eu/dividend/v2023081001/" data-a2a-title="Dividend Adjustment Notice – August 10, 2023"></a></p><p>The post <a href="https://eu.vtmarkets.com/en-eu/dividend/v2023081001/">Dividend Adjustment Notice – August 10, 2023</a> first appeared on <a href="https://eu.vtmarkets.com/en-eu">VT Markets</a>.</p>]]></content:encoded>
					
		
		
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		<title>Stocks Decline Ahead of Inflation Data and Earnings Reports</title>
		<link>https://eu.vtmarkets.com/en-eu/analysis/stocks-decline-ahead-of-inflation-data-and-earnings-reports/</link>
		
		<dc:creator><![CDATA[]]></dc:creator>
		<pubDate>Thu, 10 Aug 2023 01:10:12 +0000</pubDate>
				<category><![CDATA[Market Analysis]]></category>
		<category><![CDATA[quotations analysis]]></category>
		<guid isPermaLink="false">https://eu.vtmarkets.com/en-eu/analysis/stocks-decline-ahead-of-inflation-data-and-earnings-reports/</guid>

					<description><![CDATA[<p>On Wednesday, the stock market witnessed a downward shift as investors braced themselves for upcoming inflation data and evaluated a series of diverse earnings reports. The Dow Jones Industrial Average concluded the trading session with a loss of 0.54%, shedding 191.13 points to reach a closing figure of 35,123.36. Similarly, the S&#38;P 500 registered a<a href="https://eu.vtmarkets.com/en-eu/analysis/stocks-decline-ahead-of-inflation-data-and-earnings-reports/" class="read-more">Continue Reading</a></p>
<p>The post <a href="https://eu.vtmarkets.com/en-eu/analysis/stocks-decline-ahead-of-inflation-data-and-earnings-reports/">Stocks Decline Ahead of Inflation Data and Earnings Reports</a> first appeared on <a href="https://eu.vtmarkets.com/en-eu">VT Markets</a>.</p>]]></description>
										<content:encoded><![CDATA[<p>On Wednesday, the stock market witnessed a downward shift as investors braced themselves for upcoming inflation data and evaluated a series of diverse earnings reports. The Dow Jones Industrial Average concluded the trading session with a loss of 0.54%, shedding 191.13 points to reach a closing figure of 35,123.36. Similarly, the S&amp;P 500 registered a decline of 0.7%, settling at 4,467.71, while the Nasdaq Composite faced a 1.17% dip, concluding at 13,722.02.</p>



<p>As the market eagerly awaits the imminent release of the U.S. inflation report, all eyes are on the consumer price index data for July, scheduled for unveiling on Thursday. This data holds a critical role as it provides vital insights into potential adjustments in the Federal Reserve&#8217;s interest rate strategy. Economists, surveyed by Dow Jones, have projected a 3.3% increase in the inflation gauge for July, prompting market participants to meticulously assess its implications. Meanwhile, in parallel, the corporate landscape is being shaped by a wave of earnings reports, with Disney and Wynn Resorts poised to disclose their quarterly results. Against this backdrop, a sense of cautious prudence pervades the investor sentiment, as they navigate the intricate interplay between economic indicators and the outcomes of corporate performances.</p>



<p></p>


<div class="wp-block-image">
<figure class="aligncenter size-full"><img decoding="async" src="https://www.vtmarkets.com/wp-content/uploads/2023/08/image-21.png" alt="" class="wp-image-9882" /></figure></div>


<p class="has-text-align-center"><strong>Data by </strong><a href="https://www.bloomberg.com/markets/sectors"><strong>Bloomberg</strong></a></p>



<p></p>



<p>On Wednesday, across all sectors, the market experienced a decrease of 0.70%. However, there were some sectors that saw gains: Energy increased by 1.22%, Real Estate by 0.20%, Utilities by 0.17%, and Consumer Staples by 0.13%. On the other hand, several sectors faced declines: Health Care decreased by 0.05%, Industrials by 0.09%, Materials by 0.47%, Financials by 0.78%, Consumer Discretionary by 1.20%, Communication Services by 1.24%, and Information Technology by 1.51%.</p>



<p></p>



<p><strong>Major Pair Movement</strong></p>



<p>The dollar index remained below Tuesday&#8217;s risk-off highs as U.S. bank stocks continued to decline following Moody&#8217;s downgrade, while Italian bank stocks rebounded due to a capped windfall tax. While European markets regained some ground, U.S. stocks, led by banks, experienced a decline, and yield spreads between bunds and Treasuries increased. The rebound in the yuan from recent lows was attributed to the prospect of China&#8217;s first deflation reading in 2 years prompting stronger government stimulus, though the extent of this remains uncertain.</p>



<p>Market focus now turns to the upcoming U.S. Consumer Price Index (CPI) report on Thursday, which will either confirm or challenge prevailing expectations of the Federal Reserve&#8217;s future rate actions. The dollar has nearly recouped its losses triggered by weaker June data, and July&#8217;s CPI is expected to provide clearer insights into inflation trends and the Fed&#8217;s stance. In currency movements, EUR/USD rose, and USD/CNH fell, while sterling declined, USD/JPY rose, and AUD/USD fell due to global derisking. Key points of interest include the status of EUR/USD above its support level, the surge in Dutch gas prices potentially boosting the dollar, sterling breaching its 55-day moving average amid concerns about UK inflation, and USD/JPY&#8217;s attempt to surpass previous peaks, with CPI data potentially playing a role. Additionally, the near real-time indicator of labor demand provided by initial jobless claims will be observed on Thursday.</p>



<p></p>



<p><strong>Picks of the Day Analysis</strong></p>



<p><strong>EUR/USD (4 Hours)</strong></p>



<p><strong><a href="https://www.tradingview.com/symbols/EURUSD/" target="_blank" rel="noreferrer noopener">EUR/USD</a></strong><strong> Gains Momentum Ahead of Key US Inflation Data</strong></p>



<p>The EUR/USD rose as the Euro demonstrated strength and market focus turned to impending US inflation data. While the currency pair currently lacks a distinct trend, the upcoming US figures could spark notable movement.</p>



<p>Boosted by Italy&#8217;s decision to partially reverse a banking sector windfall tax, the Euro outperformed other G10 currencies on Wednesday. Market attention now shifts to the European Central Bank&#8217;s economic bulletin and Italy&#8217;s final July inflation reading. Anticipation surrounds the release of the US July Consumer Price Index, projected at 3.3%, and the weekly Jobless Claims report. These releases could significantly impact the EUR/USD pair&#8217;s trajectory, taking into account both the data itself and its context within recent consolidation.</p>



<p></p>


<div class="wp-block-image">
<figure class="aligncenter size-full"><img decoding="async" src="https://www.vtmarkets.com/wp-content/uploads/2023/08/image-22.png" alt="" class="wp-image-9883" /></figure></div>


<p class="has-text-align-center"><a href="https://www.tradingview.com/symbols/EURUSD/?exchange=FX_IDC" target="_blank" rel="noreferrer noopener">Chart EURUSD by TradingView</a></p>



<p></p>



<p>Based on technical analysis, the EUR/USD remained steady on Wednesday as the market awaited upcoming US inflation data for the week, specifically CPI and PPI, while also attempting to move toward the middle band of the Bollinger Bands. Right now, the price is slightly below the middle band, creating a small gap between the upper and lower bands of the Bollinger Bands. The Relative Strength Index (RSI) is currently at 47, showing that the EUR/USD is in a phase of consolidation.</p>



<p><strong>Resistance: 1.1038, 1.1121</strong></p>



<p><strong>Support: 1.0915, 1.0839</strong></p>



<p></p>



<p><strong>XAU/USD (4 Hours)</strong></p>



<p><strong><a href="https://www.tradingview.com/symbols/XAUUSD/" target="_blank" rel="noreferrer noopener">XAU/USD</a> </strong><strong>Prices Drop as US Dollar Gains Amid Economic Uncertainty</strong></p>



<p>Gold prices fell to a one-month low of around $1,917 per troy ounce during the American session. The US Dollar initially weakened but later stabilized, particularly against safe-haven currencies. Market uncertainty prevails due to economic concerns and central bank policies, with expectations for potential rate hikes lingering despite recent pauses. The US focus remains on a tightening labor market and the upcoming release of the July Consumer Price Index, which could impact the Federal Reserve&#8217;s future rate decisions.</p>



<p></p>


<div class="wp-block-image">
<figure class="aligncenter size-full"><img decoding="async" src="https://www.vtmarkets.com/wp-content/uploads/2023/08/image-23.png" alt="" class="wp-image-9884" /></figure></div>


<p class="has-text-align-center"><a href="https://www.tradingview.com/symbols/XAUUSD/?exchange=FX_IDC" target="_blank" rel="noreferrer noopener">Chart XAUUSD by TradingView</a></p>



<p></p>



<p>Based to technical analysis, the XAU/USD experienced a minor decrease on Wednesday, managing to touch the lower band of the Bollinger Bands. Currently, the price is slightly above the lower band of the Bollinger Bands. The Relative Strength Index (RSI) stands at 33, suggesting that the XAU/USD pair is somewhat in a bearish mode.</p>



<p><strong>Resistance: $1,923, $1,936</strong></p>



<p><strong>Support: $1,914, $1,902</strong></p>



<p></p>



<p><strong>Economic Data</strong></p>



<figure class="wp-block-table is-style-stripes"><table><thead><tr><th class="has-text-align-center" data-align="center">Currency</th><th class="has-text-align-center" data-align="center">Data</th><th class="has-text-align-center" data-align="center">Time (GMT + 8)</th><th class="has-text-align-center" data-align="center">Forecast</th></tr></thead><tbody><tr><td class="has-text-align-center" data-align="center">USD</td><td class="has-text-align-center" data-align="center">Consumer Price Index m/m</td><td class="has-text-align-center" data-align="center">20:30</td><td class="has-text-align-center" data-align="center">0.2%</td></tr><tr><td class="has-text-align-center" data-align="center">USD</td><td class="has-text-align-center" data-align="center">Consumer Price Index y/y</td><td class="has-text-align-center" data-align="center">20:30</td><td class="has-text-align-center" data-align="center">3.3%</td></tr><tr><td class="has-text-align-center" data-align="center">USD</td><td class="has-text-align-center" data-align="center">Core Consumer Price Index m/m</td><td class="has-text-align-center" data-align="center">20:30</td><td class="has-text-align-center" data-align="center">0.2%</td></tr><tr><td class="has-text-align-center" data-align="center">USD</td><td class="has-text-align-center" data-align="center">Unemployment Claims</td><td class="has-text-align-center" data-align="center">20:30</td><td class="has-text-align-center" data-align="center">231K</td></tr></tbody></table></figure>


<p><a class="a2a_button_facebook" href="https://www.addtoany.com/add_to/facebook?linkurl=https%3A%2F%2Feu.vtmarkets.com%2Fen-eu%2Fanalysis%2Fstocks-decline-ahead-of-inflation-data-and-earnings-reports%2F&amp;linkname=Stocks%20Decline%20Ahead%20of%20Inflation%20Data%20and%20Earnings%20Reports" title="Facebook" rel="nofollow noopener" target="_blank"></a><a class="a2a_button_twitter" href="https://www.addtoany.com/add_to/twitter?linkurl=https%3A%2F%2Feu.vtmarkets.com%2Fen-eu%2Fanalysis%2Fstocks-decline-ahead-of-inflation-data-and-earnings-reports%2F&amp;linkname=Stocks%20Decline%20Ahead%20of%20Inflation%20Data%20and%20Earnings%20Reports" title="Twitter" rel="nofollow noopener" target="_blank"></a><a class="a2a_button_email" href="https://www.addtoany.com/add_to/email?linkurl=https%3A%2F%2Feu.vtmarkets.com%2Fen-eu%2Fanalysis%2Fstocks-decline-ahead-of-inflation-data-and-earnings-reports%2F&amp;linkname=Stocks%20Decline%20Ahead%20of%20Inflation%20Data%20and%20Earnings%20Reports" title="Email" rel="nofollow noopener" target="_blank"></a><a class="a2a_dd addtoany_share_save addtoany_share" href="https://www.addtoany.com/share#url=https%3A%2F%2Feu.vtmarkets.com%2Fen-eu%2Fanalysis%2Fstocks-decline-ahead-of-inflation-data-and-earnings-reports%2F&#038;title=Stocks%20Decline%20Ahead%20of%20Inflation%20Data%20and%20Earnings%20Reports" data-a2a-url="https://eu.vtmarkets.com/en-eu/analysis/stocks-decline-ahead-of-inflation-data-and-earnings-reports/" data-a2a-title="Stocks Decline Ahead of Inflation Data and Earnings Reports"></a></p><p>The post <a href="https://eu.vtmarkets.com/en-eu/analysis/stocks-decline-ahead-of-inflation-data-and-earnings-reports/">Stocks Decline Ahead of Inflation Data and Earnings Reports</a> first appeared on <a href="https://eu.vtmarkets.com/en-eu">VT Markets</a>.</p>]]></content:encoded>
					
		
		
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		<title>Dividend Adjustment Notice &#8211; August 9, 2023</title>
		<link>https://eu.vtmarkets.com/en-eu/dividend/v2023080901/</link>
		
		<dc:creator><![CDATA[]]></dc:creator>
		<pubDate>Wed, 09 Aug 2023 07:14:38 +0000</pubDate>
				<category><![CDATA[Dividend]]></category>
		<guid isPermaLink="false">https://eu.vtmarkets.com/en-eu/dividend/v2023080901/</guid>

					<description><![CDATA[<p>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 &#38; Product Name &#38; Net Volume ”. Please refer to the table below for more<a href="https://eu.vtmarkets.com/en-eu/dividend/v2023080901/" class="read-more">Continue Reading</a></p>
<p>The post <a href="https://eu.vtmarkets.com/en-eu/dividend/v2023080901/">Dividend Adjustment Notice – August 9, 2023</a> first appeared on <a href="https://eu.vtmarkets.com/en-eu">VT Markets</a>.</p>]]></description>
										<content:encoded><![CDATA[<p>
Dear Client, 
</p>
<p>
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 &amp; Product Name &amp; Net Volume ”. 
</p>
<p>
Please refer to the table below for more details: 
</p>
<p>
<img decoding="async" src="/email_img/email2023080901.png?v=5">
</p>
<p style='color:red'>
The above data is for reference only, please refer to the MT4/MT5 software for specific data. 
</p>
<p>
If you’d like more information, please don’t hesitate to contact <a href="mailto:info@vtmarkets.com">info@vtmarkets.com.</a>
</p>
<p><a class="a2a_button_facebook" href="https://www.addtoany.com/add_to/facebook?linkurl=https%3A%2F%2Feu.vtmarkets.com%2Fen-eu%2Fdividend%2Fv2023080901%2F&amp;linkname=Dividend%20Adjustment%20Notice%20%E2%80%93%20August%209%2C%202023" title="Facebook" rel="nofollow noopener" target="_blank"></a><a class="a2a_button_twitter" href="https://www.addtoany.com/add_to/twitter?linkurl=https%3A%2F%2Feu.vtmarkets.com%2Fen-eu%2Fdividend%2Fv2023080901%2F&amp;linkname=Dividend%20Adjustment%20Notice%20%E2%80%93%20August%209%2C%202023" title="Twitter" rel="nofollow noopener" target="_blank"></a><a class="a2a_button_email" href="https://www.addtoany.com/add_to/email?linkurl=https%3A%2F%2Feu.vtmarkets.com%2Fen-eu%2Fdividend%2Fv2023080901%2F&amp;linkname=Dividend%20Adjustment%20Notice%20%E2%80%93%20August%209%2C%202023" title="Email" rel="nofollow noopener" target="_blank"></a><a class="a2a_dd addtoany_share_save addtoany_share" href="https://www.addtoany.com/share#url=https%3A%2F%2Feu.vtmarkets.com%2Fen-eu%2Fdividend%2Fv2023080901%2F&#038;title=Dividend%20Adjustment%20Notice%20%E2%80%93%20August%209%2C%202023" data-a2a-url="https://eu.vtmarkets.com/en-eu/dividend/v2023080901/" data-a2a-title="Dividend Adjustment Notice – August 9, 2023"></a></p><p>The post <a href="https://eu.vtmarkets.com/en-eu/dividend/v2023080901/">Dividend Adjustment Notice – August 9, 2023</a> first appeared on <a href="https://eu.vtmarkets.com/en-eu">VT Markets</a>.</p>]]></content:encoded>
					
		
		
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		<title>Moody&#8217;s Downgrade Sparks August Sell-Off: Banking Sector Hit, Markets in Turmoil</title>
		<link>https://eu.vtmarkets.com/en-eu/analysis/moodys-downgrade-sparks-august-sell-off-banking-sector-hit-markets-in-turmoil/</link>
		
		<dc:creator><![CDATA[]]></dc:creator>
		<pubDate>Wed, 09 Aug 2023 02:49:18 +0000</pubDate>
				<category><![CDATA[Market Analysis]]></category>
		<category><![CDATA[quotations analysis]]></category>
		<guid isPermaLink="false">https://eu.vtmarkets.com/en-eu/analysis/moodys-downgrade-sparks-august-sell-off-banking-sector-hit-markets-in-turmoil/</guid>

					<description><![CDATA[<p>Stocks experienced a renewed downward trend on Tuesday, triggered by a credit rating downgrade of the banking sector from Moody&#8217;s in the midst of an August selloff. The Dow Jones Industrial Average closed with a loss of 158.64 points, or 0.45%, settling at 35,314.49, while the S&#38;P 500 ended down 0.42% at 4,499.38, reflecting a<a href="https://eu.vtmarkets.com/en-eu/analysis/moodys-downgrade-sparks-august-sell-off-banking-sector-hit-markets-in-turmoil/" class="read-more">Continue Reading</a></p>
<p>The post <a href="https://eu.vtmarkets.com/en-eu/analysis/moodys-downgrade-sparks-august-sell-off-banking-sector-hit-markets-in-turmoil/">Moody’s Downgrade Sparks August Sell-Off: Banking Sector Hit, Markets in Turmoil</a> first appeared on <a href="https://eu.vtmarkets.com/en-eu">VT Markets</a>.</p>]]></description>
										<content:encoded><![CDATA[<p>Stocks experienced a renewed downward trend on Tuesday, triggered by a credit rating downgrade of the banking sector from Moody&#8217;s in the midst of an August selloff. The Dow Jones Industrial Average closed with a loss of 158.64 points, or 0.45%, settling at 35,314.49, while the S&amp;P 500 ended down 0.42% at 4,499.38, reflecting a month-to-date decline of nearly 2%. The Nasdaq Composite also retreated by 0.79% to 13,884.32, deepening its August loss to 3.2%. This marked the fifth negative day in six sessions for both the S&amp;P 500 and the Nasdaq, with neither index breaking into positive territory despite recovering from session lows.</p>



<p>Moody&#8217;s credit rating downgrade had a pronounced impact on the banking sector, causing a broad decline. Regional banks like M&amp;T Bank and Pinnacle Financial faced credit rating reductions due to concerns about deposit risk, potential recession, and challenges in commercial real estate portfolios. Bank of N.Y. Mellon and State Street were placed under review for potential downgrades as well. Consequently, banking giants Goldman Sachs and JPMorgan Chase saw declines of around 2.1% and 0.6%, respectively, while the SPDR S&amp;P Bank ETF (KBE) dropped by 1.3%. The SPDR S&amp;P Regional Banking ETF (KRE) also lost 1.3%, with a notable history of decline due to previous events such as the failure of Silicon Valley Bank. The downgrade emphasized the crucial importance of strong credit ratings for regional banks, as any loss of faith in the sector negatively impacts market sentiment. Amid these developments, UPS reported weaker-than-expected revenue for Q2, leading to a 0.9% drop in its shares. Despite the generally positive corporate earnings season, where a majority of S&amp;P 500 companies exceeded expectations, the market appeared to have already priced in these results, contributing to the ongoing pullback.</p>



<p></p>


<div class="wp-block-image">
<figure class="aligncenter size-full"><img decoding="async" src="https://www.vtmarkets.com/wp-content/uploads/2023/08/image-16.png" alt="" class="wp-image-9860" /></figure></div>


<p class="has-text-align-center"><strong>Data by </strong><a href="https://www.bloomberg.com/markets/sectors"><strong>Bloomberg</strong></a></p>



<p></p>



<p>On Tuesday, most sectors experienced a decline, with the overall market decreasing by 0.42%. Health Care and Utilities, however, showed gains, rising by 0.78% and 0.49% respectively. Energy also saw a similar increase of 0.49%. Communication Services and Real Estate sectors faced slight decreases of 0.23% and 0.45% respectively. Industrials, Consumer Staples, Information Technology, and Consumer Discretionary sectors all declined, ranging from -0.46% to -0.87%. Financials and Materials were the hardest hit, both decreasing by 0.87% and 1.05% respectively.</p>



<p></p>



<p><strong>Major Pair Movement</strong></p>



<p>The dollar index exhibited a 0.54% increase on Tuesday, primarily driven by safe-haven demand, which overshadowed even larger gains against currencies sensitive to risk due to recent events. The euro faced additional downward pressure due to its significant reliance on Chinese demand, worsened by recent data. The European Central Bank&#8217;s (ECB) struggle to fully address inflation, with both overall and core euro zone inflation remaining above 5%, has led to market uncertainty regarding another ECB interest rate hike to reach 4%. Meanwhile, the U.S. Federal Reserve&#8217;s (Fed) July rate hike to 5.5% is perceived as its final move before future rate cuts.</p>



<p>In the U.S., both overall and core Consumer Price Index (CPI) stood at 3% and 4.8% in June, with forecasts projecting an increase to 3.3% and 4.8% for July. Despite the upcoming shift in the base effect, which will transition from depressing year-over-year comparisons to elevating them, the monthly increase for July is expected to remain steady at a modest 0.2%. In comparison, the Fed appears to be more advanced in its efforts to combat inflation, while the U.S. economy is displaying greater resilience compared to the euro zone. While the possibility of a soft landing for the U.S. economy is still uncertain, the likelihood of a harder landing for the euro zone seems more plausible.</p>



<p>The EUR/USD currency pair experienced a 0.43% decline, yet found support at 1.0930 lows, coinciding with the 55-day moving average and mirroring last week&#8217;s lows. Despite an approximately 8 basis points decline in the two-year bund-Treasury yield spreads, they did not reach their previous lows from August. The adjustment in Treasury yields, in part driven by preparation for a three-day Treasury refunding and influenced by recent auction outcomes, was followed by a subsequent decrease in yields after a strong 3-year auction. The USD/JPY pair saw a 0.57% increase, as the demand for the higher-yielding dollar overpowered the safe-haven appeal of the yen, particularly following certain developments. Furthermore, both the Australian dollar (AUD) and the Chinese yuan (CNH) experienced declines of 0.59% and 0.45% respectively, with USD/CNH surpassing a crucial downtrend line, while concerns about China and global economic growth led to significant losses in industrial metals. The focus is now shifting towards upcoming U.S. Consumer Price Index (CPI) and Producer Price Index (PPI) reports scheduled for Thursday and Friday.</p>



<p></p>



<p><strong>Picks of the Day Analysis</strong></p>



<p><strong>EUR/USD (4 Hours)</strong></p>



<p><a href="https://www.tradingview.com/symbols/EURUSD/" target="_blank" rel="noreferrer noopener"><strong>EUR/USD</strong></a><strong> Resilient Amid Strong Dollar and Economic Factors</strong></p>



<p>The EUR/USD pair faced losses on Tuesday due to a robust US Dollar and rising risk aversion, yet managed to remain above a vital support level. Italy&#8217;s surprise announcement of a bank profits windfall tax caused the Italian stock index to plummet over 2%, while Wall Street indices also dipped following Moody&#8217;s downgrade of US banks. The European Central Bank&#8217;s June survey indicated decreased inflation expectations, affecting market views on rate hikes. Meanwhile, the US Dollar gained strength amidst risk aversion and mixed messages from Federal Reserve officials. The focus now shifts to Thursday&#8217;s influential US Consumer Price Index (CPI) report.</p>



<p></p>


<div class="wp-block-image">
<figure class="aligncenter size-full"><img decoding="async" src="https://www.vtmarkets.com/wp-content/uploads/2023/08/image-18.png" alt="" class="wp-image-9862" /></figure></div>


<p class="has-text-align-center"><a href="https://www.tradingview.com/symbols/EURUSD/?exchange=FX_IDC" target="_blank" rel="noreferrer noopener">Chart EURUSD by TradingView</a></p>



<p></p>



<p>Based on technical analysis, the EUR/USD remained steady on Tuesday as the market awaited upcoming US inflation data for the week, specifically CPI and PPI, while also attempting to move toward the middle band of the Bollinger Bands. Right now, the price is slightly below the middle band, creating a small gap between the upper and lower bands of the Bollinger Bands. The Relative Strength Index (RSI) is currently at 46, showing that the EUR/USD is in a phase of consolidation.</p>



<p><strong>Resistance: 1.1038, 1.1121</strong></p>



<p><strong>Support: 1.0915, 1.0839</strong></p>



<p></p>



<p><strong>XAU/USD (4 Hours)</strong></p>



<p><a href="https://www.tradingview.com/symbols/XAUUSD/" target="_blank" rel="noreferrer noopener"><strong>XAU/USD</strong></a><strong> </strong><strong>Hits Four-Week Low as US Dollar Strengthens Amid Fed Remarks and Economic Uncertainty</strong></p>



<p>During the early American trading session, XAU/USD plummeted to a new four-week low at $1,922.74 per troy ounce. This drop was fueled by a surge in demand for the US Dollar following comments from Federal Reserve officials and in anticipation of the upcoming release of the US July Consumer Price Index.</p>



<p>Philadelphia Federal Reserve Bank President Patrick Harker&#8217;s statements highlighted a move toward normalcy in economic conditions. Despite optimism for a smooth economic transition, concerns persisted over supply chain issues. Harker also suggested the possibility of the Fed exercising patience with interest rates, depending on future data, including the pivotal decision in September. Despite global stock declines and worries about economic uncertainty, gold&#8217;s price decline persisted. However, a slight pullback in Treasury yields prevented a more significant appreciation of the US Dollar.</p>



<p></p>


<div class="wp-block-image">
<figure class="aligncenter size-full"><img decoding="async" src="https://www.vtmarkets.com/wp-content/uploads/2023/08/image-19.png" alt="" class="wp-image-9863" /></figure></div>


<p class="has-text-align-center"><a href="https://www.tradingview.com/symbols/XAUUSD/?exchange=FX_IDC" target="_blank" rel="noreferrer noopener">Chart XAUUSD by TradingView</a></p>



<p></p>



<p>Based to technical analysis, the XAU/USD experienced a minor decrease on Tuesday, managing to touch the lower band of the Bollinger Bands. Currently, the price is slightly below the middle band within the Bollinger Bands. The Relative Strength Index (RSI) stands at 40, suggesting that the XAU/USD pair is somewhat in a bearish mode.</p>



<p><strong>Resistance: $1,936, $1,954</strong></p>



<p><strong>Support: $1,920, $1,902</strong></p>



<p></p>



<p><strong>Economic Data</strong></p>



<figure class="wp-block-table is-style-stripes"><table><thead><tr><th class="has-text-align-center" data-align="center">Currency</th><th class="has-text-align-center" data-align="center">Data</th><th class="has-text-align-center" data-align="center">Time (GMT + 8)</th><th class="has-text-align-center" data-align="center">Forecast</th></tr></thead><tbody><tr><td class="has-text-align-center" data-align="center">NZD</td><td class="has-text-align-center" data-align="center">Inflation Expectations q/q</td><td class="has-text-align-center" data-align="center">11:00</td><td class="has-text-align-center" data-align="center">2.5%</td></tr></tbody></table></figure>


<p><a class="a2a_button_facebook" href="https://www.addtoany.com/add_to/facebook?linkurl=https%3A%2F%2Feu.vtmarkets.com%2Fen-eu%2Fanalysis%2Fmoodys-downgrade-sparks-august-sell-off-banking-sector-hit-markets-in-turmoil%2F&amp;linkname=Moody%E2%80%99s%20Downgrade%20Sparks%20August%20Sell-Off%3A%20Banking%20Sector%20Hit%2C%20Markets%20in%20Turmoil" title="Facebook" rel="nofollow noopener" target="_blank"></a><a class="a2a_button_twitter" href="https://www.addtoany.com/add_to/twitter?linkurl=https%3A%2F%2Feu.vtmarkets.com%2Fen-eu%2Fanalysis%2Fmoodys-downgrade-sparks-august-sell-off-banking-sector-hit-markets-in-turmoil%2F&amp;linkname=Moody%E2%80%99s%20Downgrade%20Sparks%20August%20Sell-Off%3A%20Banking%20Sector%20Hit%2C%20Markets%20in%20Turmoil" title="Twitter" rel="nofollow noopener" target="_blank"></a><a class="a2a_button_email" href="https://www.addtoany.com/add_to/email?linkurl=https%3A%2F%2Feu.vtmarkets.com%2Fen-eu%2Fanalysis%2Fmoodys-downgrade-sparks-august-sell-off-banking-sector-hit-markets-in-turmoil%2F&amp;linkname=Moody%E2%80%99s%20Downgrade%20Sparks%20August%20Sell-Off%3A%20Banking%20Sector%20Hit%2C%20Markets%20in%20Turmoil" title="Email" rel="nofollow noopener" target="_blank"></a><a class="a2a_dd addtoany_share_save addtoany_share" href="https://www.addtoany.com/share#url=https%3A%2F%2Feu.vtmarkets.com%2Fen-eu%2Fanalysis%2Fmoodys-downgrade-sparks-august-sell-off-banking-sector-hit-markets-in-turmoil%2F&#038;title=Moody%E2%80%99s%20Downgrade%20Sparks%20August%20Sell-Off%3A%20Banking%20Sector%20Hit%2C%20Markets%20in%20Turmoil" data-a2a-url="https://eu.vtmarkets.com/en-eu/analysis/moodys-downgrade-sparks-august-sell-off-banking-sector-hit-markets-in-turmoil/" data-a2a-title="Moody’s Downgrade Sparks August Sell-Off: Banking Sector Hit, Markets in Turmoil"></a></p><p>The post <a href="https://eu.vtmarkets.com/en-eu/analysis/moodys-downgrade-sparks-august-sell-off-banking-sector-hit-markets-in-turmoil/">Moody’s Downgrade Sparks August Sell-Off: Banking Sector Hit, Markets in Turmoil</a> first appeared on <a href="https://eu.vtmarkets.com/en-eu">VT Markets</a>.</p>]]></content:encoded>
					
		
		
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		<title>Dividend Adjustment Notice &#8211; August 8, 2023</title>
		<link>https://eu.vtmarkets.com/en-eu/dividend/v2023080802/</link>
		
		<dc:creator><![CDATA[]]></dc:creator>
		<pubDate>Tue, 08 Aug 2023 08:42:55 +0000</pubDate>
				<category><![CDATA[Dividend]]></category>
		<guid isPermaLink="false">https://eu.vtmarkets.com/en-eu/dividend/v2023080802/</guid>

					<description><![CDATA[<p>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 &#38; Product Name &#38; Net Volume ”. Please refer to the table below for more<a href="https://eu.vtmarkets.com/en-eu/dividend/v2023080802/" class="read-more">Continue Reading</a></p>
<p>The post <a href="https://eu.vtmarkets.com/en-eu/dividend/v2023080802/">Dividend Adjustment Notice – August 8, 2023</a> first appeared on <a href="https://eu.vtmarkets.com/en-eu">VT Markets</a>.</p>]]></description>
										<content:encoded><![CDATA[<p>
Dear Client, 
</p>
<p>
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 &amp; Product Name &amp; Net Volume ”. 
</p>
<p>
Please refer to the table below for more details: 
</p>
<p>
<img decoding="async" src="/email_img/email2023080802.png?v=5">
</p>
<p style='color:red'>
The above data is for reference only, please refer to the MT4/MT5 software for specific data. 
</p>
<p>
If you’d like more information, please don’t hesitate to contact <a href="mailto:info@vtmarkets.com">info@vtmarkets.com.</a>
</p>
<p><a class="a2a_button_facebook" href="https://www.addtoany.com/add_to/facebook?linkurl=https%3A%2F%2Feu.vtmarkets.com%2Fen-eu%2Fdividend%2Fv2023080802%2F&amp;linkname=Dividend%20Adjustment%20Notice%20%E2%80%93%20August%208%2C%202023" title="Facebook" rel="nofollow noopener" target="_blank"></a><a class="a2a_button_twitter" href="https://www.addtoany.com/add_to/twitter?linkurl=https%3A%2F%2Feu.vtmarkets.com%2Fen-eu%2Fdividend%2Fv2023080802%2F&amp;linkname=Dividend%20Adjustment%20Notice%20%E2%80%93%20August%208%2C%202023" title="Twitter" rel="nofollow noopener" target="_blank"></a><a class="a2a_button_email" href="https://www.addtoany.com/add_to/email?linkurl=https%3A%2F%2Feu.vtmarkets.com%2Fen-eu%2Fdividend%2Fv2023080802%2F&amp;linkname=Dividend%20Adjustment%20Notice%20%E2%80%93%20August%208%2C%202023" title="Email" rel="nofollow noopener" target="_blank"></a><a class="a2a_dd addtoany_share_save addtoany_share" href="https://www.addtoany.com/share#url=https%3A%2F%2Feu.vtmarkets.com%2Fen-eu%2Fdividend%2Fv2023080802%2F&#038;title=Dividend%20Adjustment%20Notice%20%E2%80%93%20August%208%2C%202023" data-a2a-url="https://eu.vtmarkets.com/en-eu/dividend/v2023080802/" data-a2a-title="Dividend Adjustment Notice – August 8, 2023"></a></p><p>The post <a href="https://eu.vtmarkets.com/en-eu/dividend/v2023080802/">Dividend Adjustment Notice – August 8, 2023</a> first appeared on <a href="https://eu.vtmarkets.com/en-eu">VT Markets</a>.</p>]]></content:encoded>
					
		
		
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		<title>August Futures Rollover Announcement &#8211; August 8, 2023</title>
		<link>https://eu.vtmarkets.com/en-eu/notification/v2023080801/</link>
		
		<dc:creator><![CDATA[]]></dc:creator>
		<pubDate>Tue, 08 Aug 2023 07:22:14 +0000</pubDate>
				<category><![CDATA[通告]]></category>
		<guid isPermaLink="false">https://eu.vtmarkets.com/en-eu/notification/v2023080801/</guid>

					<description><![CDATA[<p>Dear Client, New contracts will automatically be rolled over as follows: Please note: • The rollover will be automatic, and any existing open 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 and new<a href="https://eu.vtmarkets.com/en-eu/notification/v2023080801/" class="read-more">Continue Reading</a></p>
<p>The post <a href="https://eu.vtmarkets.com/en-eu/notification/v2023080801/">August Futures Rollover Announcement – August 8, 2023</a> first appeared on <a href="https://eu.vtmarkets.com/en-eu">VT Markets</a>.</p>]]></description>
										<content:encoded><![CDATA[<p>
Dear Client,
</p>
<p>
New contracts will automatically be rolled over as follows:
</p>
<p>
<img decoding="async" src="/email_img/email2023080801.png?v=9">
</p>
<p>
Please note:
</p>
<p>
• The rollover will be automatic, and any existing open positions will remain open.
</p>
<p>
• 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 and new contracts.
</p>
<p>
• To avoid CFD rollovers, clients can choose to close any open CFD positions prior to the expiration date.
</p>
<p>
• Please ensure that all take-profit and stop-loss settings are adjusted before the rollover occurs.
</p>
<p>
• All internal transfers for accounts under the same name will be prohibited during the first and last 30 minutes of the trading hours on the rollover dates.
</p>
<p>
If you&#8217;d like more information, please don&#8217;t hesitate to contact <a href="mailto:info@vtmarkets.com">info@vtmarkets.com.</a>
</p>
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		<title>Dow Jones Surges on Upbeat Earnings and Inflation Outlook</title>
		<link>https://eu.vtmarkets.com/en-eu/analysis/dow-jones-surges-on-upbeat-earnings-and-inflation-outlook/</link>
		
		<dc:creator><![CDATA[]]></dc:creator>
		<pubDate>Tue, 08 Aug 2023 03:28:37 +0000</pubDate>
				<category><![CDATA[Market Analysis]]></category>
		<category><![CDATA[quotations analysis]]></category>
		<guid isPermaLink="false">https://eu.vtmarkets.com/en-eu/analysis/dow-jones-surges-on-upbeat-earnings-and-inflation-outlook/</guid>

					<description><![CDATA[<p>The Dow Jones Industrial Average commenced the week with a robust surge of 1.16%, gaining 407.51 points to conclude at 35,473.13, marking its most substantial upswing since June 15. Buoyed by a nearly 4% rally from Amgen, the blue-chip index received a notable boost. In tandem, the S&#38;P 500 climbed by 0.9% to settle at<a href="https://eu.vtmarkets.com/en-eu/analysis/dow-jones-surges-on-upbeat-earnings-and-inflation-outlook/" class="read-more">Continue Reading</a></p>
<p>The post <a href="https://eu.vtmarkets.com/en-eu/analysis/dow-jones-surges-on-upbeat-earnings-and-inflation-outlook/">Dow Jones Surges on Upbeat Earnings and Inflation Outlook</a> first appeared on <a href="https://eu.vtmarkets.com/en-eu">VT Markets</a>.</p>]]></description>
										<content:encoded><![CDATA[<p>The Dow Jones Industrial Average commenced the week with a robust surge of 1.16%, gaining 407.51 points to conclude at 35,473.13, marking its most substantial upswing since June 15. Buoyed by a nearly 4% rally from Amgen, the blue-chip index received a notable boost. In tandem, the S&amp;P 500 climbed by 0.9% to settle at 4,518.44, while the Nasdaq Composite posted a more modest 0.61% increase, curtailed by a near 1% dip in Tesla shares following the departure of CFO Zach Kirkhorn. Both the Nasdaq and S&amp;P 500 managed to break their four-day losing streaks.</p>



<p>Berkshire Hathaway exhibited a remarkable ascent of over 3%, reflecting investor contentment with the company&#8217;s financial results and robust cash reserves. Notably, shares of both A and B share classes reached unprecedented levels. Elanco, a player in the animal healthcare sector, surged by 4% after surpassing Wall Street expectations, whereas Tyson Foods faltered by 3.8% on the back of a less-than-anticipated report. In another significant development, Sovos Brands, recognized for Rao&#8217;s, witnessed a remarkable surge of more than 25% after Campbell Soup&#8217;s announcement of its acquisition of the pasta sauce manufacturer. While Campbell Soup&#8217;s shares slipped by approximately 1.8%, they settled at their lowest price in over a year. Following a challenging week on Wall Street, marked by a 2.9% slide in the Nasdaq Composite and a 2.3% dip in the S&amp;P 500, the market rebounded with renewed vigor.</p>



<p>This resurgence was attributed to a stronger-than-expected corporate earnings season, with around 80% of S&amp;P 500 companies surpassing Wall Street forecasts. According to Chris Zaccarelli, Chief Investment Officer of the Independent Advisor Alliance, the market has regained a &#8220;risk-on mode&#8221; due to the favorable earnings trend. Looking ahead, investors are poised to focus on the impending release of consumer and producer price index data for July, as these indicators hold crucial implications for inflation trends and economic well-being.</p>


<div class="wp-block-image">
<figure class="aligncenter size-full"><img decoding="async" src="https://www.vtmarkets.com/wp-content/uploads/2023/08/image-13.png" alt="" class="wp-image-9847" /></figure></div>


<p class="has-text-align-center"><strong>Data by </strong><a href="https://www.bloomberg.com/markets/sectors"><strong>Bloomberg</strong></a><strong></strong></p>



<p>On Monday, across all sectors, the market showed a notable uptick of 0.90%. Particularly strong gains were observed in the Communication Services sector, which surged by 1.88%, followed closely by Financials with a rise of 1.36%, and Industrials, which advanced by 1.26%. Real Estate also exhibited a solid increase of 1.21%, while the Health Care sector saw a rise of 1.18%. Noteworthy gains were recorded in the Consumer Discretionary sector, which climbed by 1.10%, and the Consumer Staples sector, which experienced a respectable growth of 0.85%. Materials exhibited a modest uptrend of 0.70%. However, the Information Technology sector displayed a more subdued increase of 0.27%, and the Energy sector had a marginal rise of 0.15%. In contrast, the Utilities sector showed a slight decline of -0.02% during the same trading period.</p>



<p></p>



<p><strong>Major Pair Movement</strong></p>



<p>The dollar index initially rebounded on Monday from the previous slide triggered by Friday&#8217;s jobs report, yet it remained relatively unchanged as shorter-term Treasury yields decreased. The upcoming U.S. inflation report on Thursday could potentially affirm the belief that the Federal Reserve&#8217;s tightening cycle has concluded, increasing the likelihood of rate cuts in 2024. The recent jobs report offered conflicting signals regarding the labor market&#8217;s condition and the necessity for further Fed tightening, contributing to market uncertainty. While the labor market is gradually loosening, the exact timing of a significant shift and subsequent Fed rate cuts remains uncertain, especially considering the economy&#8217;s resilience despite substantial rate hikes by the Fed.</p>



<p>Market confusion persists over the necessity of tight policy, irrespective of the labor market&#8217;s status, particularly if inflation continues its trajectory towards the Fed&#8217;s target. Monday saw contrasting policy outlooks from Fed officials Bowman and Williams, hinting at a potential pause by the Fed until clearer indications emerge for a more or less restrictive approach. The impending Consumer Price Index (CPI) release on Thursday could play a pivotal role in resolving this policy divergence. In the currency markets, EUR/USD dipped slightly by 0.05%, unable to surpass Friday&#8217;s initial post-payrolls highs. The European Central Bank&#8217;s assessment of peaking underlying inflation and concerns over economic growth, amplified by Chinese economic uncertainties, could impact the probability of another ECB rate hike. USD/JPY, on the other hand, rose by 0.5% as buyers entered the market above 141.50 following post-payrolls lows. Despite the Bank of Japan&#8217;s hopeful stance on rising wages, low Japanese Government Bond yields continue to contrast with higher U.S. Treasury yields. Sterling managed to gain 0.3% after a hesitant start, supported by a rise in 2-year gilts-Treasury yields spreads and the maintenance of essential support levels following the Bank of England&#8217;s recent rate hike.</p>



<p></p>



<p><strong>Picks of the Day Analysis</strong></p>



<p><strong>EUR/USD (4 Hours)</strong></p>



<p><a href="https://www.tradingview.com/symbols/EURUSD/" target="_blank" rel="noreferrer noopener"><strong>EUR/USD</strong></a><strong> Rises Amid Weaker Dollar and Market Focus on US Inflation Data</strong></p>



<p>The EUR/USD pair rebounded to 1.1000 during the American session, propelled by a weakened US dollar and improved risk appetite. While Monday brought relative calm to financial markets, attention remains fixed on the upcoming US inflation figures later in the week. Germany&#8217;s Industrial Production data for June displayed a larger-than-expected contraction of 1.5%, diverging from the projected -0.4% decline. Meanwhile, Eurozone Sentix Investor Confidence showed recovery, reaching -18.9 from -22.5. In the coming days, the spotlight shifts to Germany&#8217;s final Consumer Price Index (CPI) report for July, anticipated to reflect an unchanged annual rate of 6.2%.</p>



<p>Market sentiment revolves around the possibility of an impending rate hike by the European Central Bank (ECB), though the September meeting might not be the venue for such action. While the likelihood of a rate hike remains below 50% for September, odds increase to 60% for October, as indicated by the interest rate market. The EUR/USD&#8217;s trajectory continues to hinge on the performance of the US Dollar, which posted mixed results on Monday following the Non-Farm Payrolls (NFP) report-induced decline on Friday. The upcoming US inflation data release on Thursday and Friday takes center stage, with the US Dollar Index exhibiting a bearish bias in the short term, tempered by the underlying strength of the US economy.</p>



<p></p>


<div class="wp-block-image">
<figure class="aligncenter size-full"><img decoding="async" src="https://www.vtmarkets.com/wp-content/uploads/2023/08/image-14.png" alt="" class="wp-image-9848" /></figure></div>


<p class="has-text-align-center"><a href="https://www.tradingview.com/symbols/EURUSD/?exchange=FX_IDC" target="_blank" rel="noreferrer noopener">Chart EURUSD by TradingView</a></p>



<p></p>



<p>Based on technical analysis, the EUR/USD remained steady on Monday as the market awaited upcoming US inflation data for the week, specifically CPI and PPI, while also attempting to move toward the middle band of the Bollinger Bands. Right now, the price is slightly above the middle band, creating a small gap between the upper and lower bands of the Bollinger Bands. The Relative Strength Index (RSI) is currently at 50, showing that the EUR/USD is in a phase of consolidation.</p>



<p><strong>Resistance: 1.1038, 1.1121</strong></p>



<p><strong>Support: 1.0915, 1.0839</strong></p>



<p></p>



<p><strong>XAU/USD (4 Hours)</strong></p>



<p><a href="https://www.tradingview.com/symbols/XAUUSD/" target="_blank" rel="noreferrer noopener"><strong>XAU/USD</strong></a><strong> </strong><strong>Retreats as USD Gains Momentum Amid Fed Tightening Concerns</strong></p>



<p>The XAU/USD pair experienced a reversal in its recent gains as the US Dollar gained strength, trading at around $1,933 per troy ounce after the close of London&#8217;s session. Concerns over the Federal Reserve&#8217;s ongoing tightening measures in the new week led to a risk-averse shift in financial markets. While the USD&#8217;s rally paused prior to Wall Street&#8217;s opening, comments from Fed&#8217;s New York President John C. Williams provided some reassurance, emphasizing data-dependency for any future rate adjustments. As Wall Street saw upward momentum, particularly reflected in the Dow Jones Industrial Average&#8217;s rise by approximately 350 points, the precious metal faced downward pressure. In the week ahead, market attention will be focused on the US Consumer Price Index (CPI) data for July, with potential implications for USD sentiment depending on the outcome relative to expectations.</p>



<p></p>


<div class="wp-block-image">
<figure class="aligncenter size-full"><img decoding="async" src="https://www.vtmarkets.com/wp-content/uploads/2023/08/image-15.png" alt="" class="wp-image-9849" /></figure></div>


<p class="has-text-align-center"><a href="https://www.tradingview.com/symbols/XAUUSD/?exchange=FX_IDC" target="_blank" rel="noreferrer noopener">Chart XAUUSD by TradingView</a></p>



<p></p>



<p>Based on technical analysis, the XAU/USD faced a small decrease on Monday, aiming to get closer to the lower band of the Bollinger Bands. Right now, the price is a bit above the lower band in the Bollinger Bands setup. The Relative Strength Index (RSI) is at 40, indicating that the XAU/USD pair has a somewhat negative outlook.</p>



<p><strong>Resistance: $1,945, $1,963</strong></p>



<p><strong>Support: $1,930, $1,912</strong></p>



<p></p>


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