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XAU/USD drops to $5,030 as stocks draw traders; Chinese demand may limit further losses
Gold prices dipped below $5,050 amid a shift to equities, supported by a positive risk mood and easing US-Iran tensions. Central bank demand, particularly from China, offers stability for gold investors. – vtmarketsmy.com
Written on February 10, 2026 at 8:09 am
Categories: Live Updates
Gold price falls nearly $5,035 in early trading as traders await US economic data
Gold prices dipped to $5,035 amid profit-taking and improved risk sentiment, while central bank demand remains strong. Anticipate volatility with mixed economic indicators influencing future trading strategies. – vtmarketsmy.com
Written on February 10, 2026 at 7:09 am
Categories: Live Updates
Australia’s National Australia Bank business conditions dropped from 9 to 7 in January.
NAB’s Business Conditions Index fell to 7, indicating a slowdown in Australia’s economy. Analysts anticipate changes in interest rates, impacting currency and stock market performance. Traders should consider protective strategies. – vtmarketsmy.com
Written on February 10, 2026 at 7:09 am
Categories: Live Updates
Japan’s money supply M2+CD year-over-year decreased to 1.6% in January, down from 1.7%
Japan’s money supply growth slows, reflecting economic challenges. With US inflation data looming, markets face currency fluctuations and potential rate cuts in the UK, while gold holds steady amidst uncertainty. – vtmarketsmy.com
Written on February 10, 2026 at 7:09 am
Categories: Live Updates
In February, Australia’s Westpac Consumer Confidence rose to 90.5% from a previous -1.7%
Consumer sentiment in Australia surged to 90.5 in February, signaling rising confidence amid improving economic conditions. This bodes well for consumer spending and presents favorable trades for the Australian dollar and stock market. – vtmarketsmy.com
Written on February 10, 2026 at 6:14 am
Categories: Live Updates
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