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In January, the United States experienced a drop in weekly crude oil stock to 3.04 million.
U.S. crude oil stocks fell to 3.04 million barrels, indicating tightening supply and strong demand ahead of a potential price increase, but economic fears may temper bullish sentiment. – vtmarketsmy.com
Written on January 22, 2026 at 8:32 am
Categories: Live Updates
New Zealand dollar climbs towards 0.5850 against the US dollar amid risk-on sentiment
The NZD/USD climbed to 0.5850 as Trump’s tariff easing supports growth, but upcoming inflation data and global economic concerns may prompt cautious trading strategies. Monitor dairy prices and Chinese performance for insights. – vtmarketsmy.com
Written on January 22, 2026 at 8:31 am
Categories: Live Updates
Japan’s merchandise trade balance dropped from ¥62.9 billion to ¥-0.21 billion
Japan’s trade balance fell dramatically, indicating economic strain. The yen weakened against the dollar, while crude oil and gold stabilized. Traders are advised to favor USD/JPY long positions amid potential government intervention risks. – vtmarketsmy.com
Written on January 22, 2026 at 8:31 am
Categories: Live Updates
The People’s Bank of China sets the USD/CNY rate at 7.0019, differing from 7.0014
The People’s Bank of China set its yuan rate at 7.0019, signaling a tolerance for depreciation to boost competitiveness. This move indicates potential yuan weakness, prompting investors to adjust strategies. – vtmarketsmy.com
Written on January 22, 2026 at 7:32 am
Categories: Live Updates
Australian Bureau of Statistics reports unemployment rate drops to 4.1%, exceeding expectations
Australia’s unemployment rate dropped to 4.1%, exceeding expectations with 65.2K new jobs. This positive shift pressures the Reserve Bank, suggesting potential interest rate hikes as the economy gains momentum. – vtmarketsmy.com
Written on January 22, 2026 at 7:31 am
Categories: Live Updates
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