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Consumer prices in the Eurozone show a 2% year-on-year increase, meeting expectations

Eurozone inflation holds steady at 2%, indicating stability that may keep interest rates unchanged. This predicts a calming market, favoring range-bound strategies as volatility decreases, and the Euro stabilizes. – vtmarketsmy.com

UOB Group predicts GBP/USD will trade between 1.3470 and 1.3535, with limited upward potential.

GBP is forecasted to stabilize between 1.3470 and 1.3535 short-term, potentially rising to 1.3590. Current UK inflation rates strengthen the pound, offering traders various strategies for upward momentum. – vtmarketsmy.com

Italy’s public deficit to GDP ratio increased from 2% to 3.4% in the third quarter

Italy’s public deficit has surged to 3.4% of GDP, raising concerns over economic stability. Investors are wary of currency fluctuations and potential impacts on banking stocks, urging cautious hedging. – vtmarketsmy.com

CPI in Bavaria, Germany, drops from 2.2% to 1.7% year-on-year

Bavaria’s inflation fell to 1.7%, hinting at potential ECB rate cuts. Meanwhile, the US ADP report predicts only 45,000 jobs added, raising concerns of an economic slowdown and a weaker dollar. – vtmarketsmy.com

In December, Singapore’s foreign reserves rose to 409.3 billion, up from 400 billion.

Singapore’s foreign reserves hit $409.3 billion, boosting financial stability. Meanwhile, the US jobs report and Venezuelan instability could impact markets, while Aave’s resistance testing offers trading opportunities. – vtmarketsmy.com

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