this page

Oil prices slide, Energy stocks books worst day since November ‘22


Significant events to watch:




NEW ZEALAND (NZD): New Zealand Interest Rate Decision – The Reserve Bank of New Zealand (RBNZ) governor decides where to set the rate after consulting senior bank staff and external advisers. Traders watch interest rate changes closely as short term interest rates are the primary factor in currency valuation.  New Zealand’s interest rate is set at 4.25%.

The report is due Wednesday, 22 February at 01:00 GMT

EUROPE (EURO): EUROZONE Consumer Price Index (YoY) – The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends and inflation. Europe’s CPI declined to 8.5%, missing the forecast of 9.0%. 

The report is due Thursday, 23 February at 10:00 GMT

UK (GBP): UK Consumer Price Index (YoY) – Gross Domestic Product (GDP) measures the annualized change in the inflation-adjusted value of all goods and services produced by the economy. It is the broadest measure of economic activity and the primary indicator of the economy’s health. US fourth quarter GDP increased 2.9%, higher than the forecast of 2.6%.

The report is due Thursday, 23 February at 13:30 GMT

Risers and Fallers

-Crude Oil (-2.75%)

-Dow Jones (+0.39%)

-Meta Inc. (+0.26%)

-GBPUSD (+0.50%)

Crude Oil – Crude oil prices declined 2.75% on Friday, following a week of losses, booking a weekly loss of 4%. Crude oil traded at $76.33 at the close on Friday.

Dow Jones (US30) The Dow Jones increased 0,39% on Friday, reaching a daily high and low of 33,846.64 and 33,517.73, respectively. The index closed at 33,826.69.

Meta Inc. (NASDAQ: META) – Meta Inc. stocks increased 0.26% closing at $172.88 per share. Meta stocks has increased 38.59% year to date.

GBPUSD – GBPUSD increased 0.50%, closing at 1.2044.

Vantage does not represent or warrant that the material provided here is accurate, current, or complete, and therefore should not be relied upon as such. The information provided here, whether from a third party or not, is not to be considered as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any financial instruments; or to participate in any specific trading strategy. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. We advise any readers of this content to seek their own advice. Without the approval of Vantage, reproduction or redistribution of this information is not permitted.

Trading Experience Plus


Fast & easy account opening

  • Register

    Choose an account type and submit your application

  • Fund

    Fund your account using a wide range of funding methods

  • Trade

    Access 500+ instruments across all asset classes on MT4/MT5

That's it, it's that easy to open a Forex and CFD trading account.
Welcome to the world of trading!
Open Live Account

Contact Us

  • General Enquiries

    We are here to provide you with a successful trading journey from account opening to funding and trading.

    [email protected]
  • Premium Clients

    If you are interested in becoming a premium to unlock your extra services as a high-volume trader or joining Vantage Club, please email us below.

    [email protected]