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Recent Posts by davin

A free trade agreement with Mercosur is a geopolitical achievement for the EU, pending ratification.

The EU is finalizing a 25-year trade deal with Mercosur, eliminating tariffs on 90% of exports over time. Economic benefits are expected gradually, amidst political uncertainties affecting markets. – vtmarketsmy.com

India’s trade deficit rose from $24.53 billion to $25.04 billion in December

India’s trade deficit hit $25.04 billion in December, raising concerns about economic stability and the rupee’s value. Market analysts foresee volatility and may hedge against declines in Indian equities. – vtmarketsmy.com

Germany’s real GDP growth shifted from -0.2% to 0.1%

Germany’s GDP shows signs of recovery, rising to 0.1%, while the strong US dollar impacts both pound and gold. Traders should consider strategies amid anticipated volatility and market shifts. – vtmarketsmy.com

Silver price drops from a record $93.90 to around $89.40 due to falling demand.

Silver prices fell from a high of $93.90 to under $89.50 as geopolitical worries eased and strong US economic data impacted demand. Long-term industrial demand for silver, especially in solar energy, remains robust. – vtmarketsmy.com

UOB Group analysts predict EUR/USD will fluctuate between 1.1625 and 1.1660 while consolidating in the long term.

Analysts predict the Euro (EUR) will fluctuate between 1.1625 and 1.1660, with increased volatility expected. Traders are advised to consider options strategies to profit from potential price swings. – vtmarketsmy.com

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