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Recent Posts by davin

In the fourth quarter, Australia’s annual Producer Price Index hit 3.5%

Global markets are reacting to shifting currencies and commodities; the US dollar strengthens, while the Japanese Yen and cryptocurrencies weaken. Traders should consider protective strategies amid ongoing volatility. – vtmarketsmy.com

The US Treasury asks China to strengthen the undervalued yuan, according to a Bloomberg report.

The US Treasury labels the Chinese Yuan “substantially undervalued,” amidst renewed tensions in the trade war. Investors should brace for volatility and consider strategic positions in affected currencies and commodities. – vtmarketsmy.com

EUR/USD rises near 1.1965 amid uncertainties in US trade policies and Fed independence

The EUR/USD rose above 1.1950, driven by US trade policy uncertainties and Fed independence concerns. Positive Eurozone data strengthens the Euro, signaling volatility for traders amid changing US market dynamics. – vtmarketsmy.com

Tokyo’s CPI inflation rises 1.5% year-on-year, reports Statistics Bureau of Japan

Tokyo’s CPI eases to 1.5%, hinting at cooling inflation and reduced urgency for the Bank of Japan to hike rates. The USD/JPY declines, reflecting broader US dollar weakness. – vtmarketsmy.com

Tokyo’s January CPI excluding fresh food was reported at 2%, missing expectations.

Tokyo’s inflation is lower than expected, easing pressure on the Bank of Japan for a rate hike. Gold and cryptocurrency prices dropped, while the USD strengthened, suggesting potential trading opportunities. – vtmarketsmy.com

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