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About: davin

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Recent U.S. employment data indicates a shift toward rising unemployment and possible Federal Reserve adjustments.

Job growth is stagnating, raising recession fears and prompting a likely Federal Reserve rate cut. Adjust strategies to navigate market volatility, focusing on safe-haven assets like gold amid uncertainty. – vtmarketsmy.com

The S&P Global Manufacturing PMI in the United States reached 49.8, surpassing forecasts of 49.5.

US Manufacturing PMI signals economic cooling at 49.8, while the euro rises against the dollar due to weak US data. Diversify investments cautiously; gold shines, but crypto shows instability. – vtmarketsmy.com

The Manufacturing PMI in Canada increased to 46.1 from 45.6.

Canada’s manufacturing struggles continue as PMI reaches 46.1. Meanwhile, the USD weakens against EUR and GBP, gold prices soar, and Bitcoin faces a downturn. Caution is advised across markets. – vtmarketsmy.com

Major European indices end the week lower due to global economic concerns and tariff news

European markets plunged amid growth and inflation fears, while U.S. bond yields dropped sharply, hinting at potential rate cuts. Investing in gold and currency derivatives may be wise strategies now. – vtmarketsmy.com

Gold prices soar to $3,350 after disappointing US NFP data raises Fed rate cut expectations

Gold is steady at $3,300, caught between a strong US Dollar and looming trade tensions. The upcoming Nonfarm Payrolls report may trigger significant price movements, shaping market sentiment and potential trades. – vtmarketsmy.com

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