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West Texas Intermediate oil prices fall to about $60.50 per barrel despite supply concerns.

Kazakhstan’s oilfield restarts may pressure crude prices, while US supply disruptions create uncertainty. Geopolitical risks and upcoming inventory reports could lead to price spikes or drops in the volatile market. – vtmarketsmy.com

In December, Business conditions in Australia increased from 7 to 9, according to the National Australia Bank.

Australia’s NAB business conditions improved, signaling growth. The USD struggles, while gold peaks amid safe-haven demand. Crypto AXS surges on new tokens. Traders eye key central bank decisions and market volatility. – vtmarketsmy.com

Gold price (XAU/USD) nears $5,050 due to geopolitical tensions and Fed uncertainties

Gold is surging towards $5,050 amid geopolitical tensions and uncertainty about the Federal Reserve’s interest rate. Central bank demand and inflation concerns further boost gold’s allure as a safe haven. – vtmarketsmy.com

Business confidence in Australia increased from 1 to 3, according to a report by National Australia Bank

Australia’s business confidence slightly improved in December. With cooling inflation at 3.1%, the RBA may not hike rates soon, impacting AUD/USD strategies. Stay informed for better trading decisions! – vtmarketsmy.com

Japan’s corporate service price index decreases from 2.7% to 2.6% year on year

Japan’s Corporate Service Price Index slightly decreased to 2.6% in December, while gold prices surged near $5,100 amid a weak US Dollar, signaling strong market trends and trading opportunities. – vtmarketsmy.com

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