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Recent Posts by davin

Japan’s Corporate Service Price Index maintains a steady 2.7% year-on-year.

Japan’s Corporate Service Price Index held steady at 2.7% in November, signaling stable service costs amid economic shifts. Traders should brace for currency volatility and potential dollar weakening ahead. – vtmarketsmy.com

The PBOC sets the USD/CNY central rate at 7.0471, which is lower than expected.

China’s central bank lowered the USD/CNY reference rate, signaling a preference for currency stability as economic resilience grows. Traders should consider put options to hedge against potential yuan strength. – vtmarketsmy.com

White metal continues its upward trend, approaching $72.00 after four record-high days

Silver is soaring, nearing $72, but caution is advised as overbought conditions arise. A pullback to $71.24 could offer better buying opportunities amidst strong industrial demand and favorable economic factors. – vtmarketsmy.com

WTI crude oil nears $58.50 amid ongoing geopolitical tensions during early European trading

WTI crude oil prices are stable around $58.50 amid geopolitical tensions and rising US inventories. Upcoming inventory reports are crucial for understanding demand dynamics that could sway prices significantly. – vtmarketsmy.com

The NZD/USD pair continues to show strong weekly gains, recently hovering near the mid-0.5800s.

The NZD/USD pair remains strong, driven by a weak US Dollar and a hawkish New Zealand Reserve Bank. Economic dynamics suggest continued upward momentum, while traders should prepare for volatility during the holiday season. – vtmarketsmy.com

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