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Recent Posts by davin

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

UK’s BRC Shop Price Index exceeded predictions in January, reaching 1.5% instead of 0.7%

Retail inflation in the UK rose to 1.5%, above expectations, while gold prices near all-time highs signal strong safe-haven demand. Traders may benefit from a bullish Pound Sterling outlook and strategic gold investments. – vtmarketsmy.com

In January, consumer confidence in Ireland increased to 64.7, up from 61.2.

Ireland’s consumer confidence rises to 64.7, signaling positive economic sentiment. Gold prices near $5,050 amid uncertainties; traders eye upcoming economic reports. Cautious trading advised due to market volatility. – vtmarketsmy.com

As market uncertainty continues, GBP/USD nears 1.37, facing its first test since September.

GBP/USD rises to 1.3700, driven by weak US Dollar sentiment and persistent UK inflation. Market anticipates Federal Reserve rate cuts, but caution is required due to potential surprises in policy shifts. – vtmarketsmy.com

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