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Expectations match Sweden Riksbank’s interest rate decision of 1.75%

Sweden’s Riksbank keeps interest rates at 1.75%, while gold prices rise amid market uncertainty. Traders brace for crucial US job data, impacting currency movements and financial decisions. – vtmarketsmy.com

Traders seek safety during global sell-off, driving gold’s value up to $3,970

Gold prices spike to $3,970 amid global equity sell-offs, driven by safe-haven demand and geopolitical concerns. Watch out for market volatility as the US government shutdown complicates economic data access. – vtmarketsmy.com

HCOB Services PMI in Spain surpasses forecasts at 56.6, beating the expected 54.3

Spain’s Services PMI surged to 56.6, yet the EUR/USD struggles as dollar strength prevails amidst US political uncertainty. Traders should consider volatility strategies to navigate this turbulent market. – vtmarketsmy.com

USD/CHF drops to around 0.8090 after a three-month high, as USD weakens

The USD/CHF pair dips below 0.8100 amid a prolonged US government shutdown, providing a lucrative options trading opportunity. Speculation on interest rates looms as volatility escalates, hinting at future price swings. – vtmarketsmy.com

In September, Singapore’s retail sales dropped from 0.5% to -1.4%

Singapore’s retail sales dropped to -1.4%, hinting at changing consumer behavior. With global economic shifts and currency fluctuations, traders should stay alert to market volatility and potential opportunities. – vtmarketsmy.com

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