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Recent Posts by davin

A structure-first perspective shows alignment of sessions around key Nasdaq futures levels in major markets

Nasdaq futures are testing a crucial resistance level, with economic indicators influencing market sentiment. A confirmed breakout could lead to new highs, while rejection may signify declining momentum. Stay alert! – vtmarketsmy.com

Gold prices decline to around $4,610 as rhetoric from Iran eases and Fed rate cut expectations fade

Gold prices dipped as Trump eased tensions with Iran and US jobs data decreased rate cut expectations. This shift favors short-term strategies for traders amid improving economic conditions and a strong dollar. – vtmarketsmy.com

Jeffrey Schmid calls for restrictive monetary policy to address inflation at the Economic Club of Kansas City

Kansas City Fed President Schmid emphasizes a cautious approach to inflation, highlighting that cutting rates won’t boost employment significantly and could worsen inflation. The strong dollar reflects a challenging market ahead. – vtmarketsmy.com

US data boosts Dollar Index to nearly 99.35, limiting further gains

The US Dollar Index is stable at 99.35, impacted by strong job data. Market volatility is easing as traders anticipate Fed rate cuts, making gold an attractive investment amidst changing economic conditions. – vtmarketsmy.com

As geopolitical tensions ease, WTI prices fall below $60, reversing earlier weekly gains.

WTI oil prices fell below $60 after peaking due to US-Iran tensions, but oversupply concerns persist. With strong US dollar pressure and OPEC+ cuts, traders should strategize carefully as dynamics shift. – vtmarketsmy.com

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