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Commerzbank reports that China increased net gold imports from Hong Kong to 16.2 tons in November.
China’s gold imports from Hong Kong doubled to 16.2 tons in November, yet demand remains low. As prices decline, watch for a resurgence in buying ahead of Lunar New Year. – vtmarketsmy.com
Written on January 9, 2026 at 9:26 pm
Categories: Live Updates
Scotiabank strategists say the Euro has weakened slightly against the US Dollar due to mixed data.
The Euro continues to decline against the US Dollar, facing mixed economic data and weakened support. Traders are increasingly seeking protection from further downturns, raising concerns for the currency’s stability. – vtmarketsmy.com
Written on January 9, 2026 at 9:26 pm
Categories: Live Updates
Euro weakens against the Dollar for the seventh consecutive day following mixed US employment data
The EUR/USD pair faces pressure as mixed US labor data strengthens the dollar. Traders eye strategies like put options on Euro while watching key upcoming economic events for potential shifts. – vtmarketsmy.com
Written on January 9, 2026 at 8:27 pm
Categories: Live Updates
Carsten Fritsch from Commerzbank notes a sharp decline in gold and silver prices, then a recovery
Gold and silver prices plunged, reflecting market uncertainty, while the US Dollar strengthened. Upcoming US CPI data may influence further market movements. Stay alert for continued volatility and potential opportunities. – vtmarketsmy.com
Written on January 9, 2026 at 8:26 pm
Categories: Live Updates
Market reactions to Tesco and Sainsbury’s recent positive updates seemed confusing during the podcast discussion.
Tesco and Sainsbury’s show sales growth amid economic challenges, yet their shares drop, raising questions about market sentiment. Primark faces difficulties. Key support levels may signal potential rebounds for investors. – vtmarketsmy.com
Written on January 9, 2026 at 8:26 pm
Categories: Live Updates
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