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Recent Posts by davin

US equities rise amid political uncertainty as S&P 500 gains from better-than-expected earnings

US markets rose this week as tech giants prepped for earnings, while gold hit $5,100 amid political concerns. Traders are eyeing potential volatility plays and hedging strategies against market uncertainties. – vtmarketsmy.com

An unexpected twist in the SP500 Elliott Wave analysis, but progress continues as expected.

The S&P 500’s recent drop indicates a complex ending diagonal formation, suggesting a final choppy rally before a potential multi-month correction to around 5800. Key price levels to watch are crucial for risk management. – vtmarketsmy.com

DBS Bank’s Philip Wee suggests the Monetary Authority of Singapore will likely maintain the SGD NEER policy band, with USD/SGD projected to remain above 1.2675.

Singapore’s Monetary Authority plans to maintain its currency policy, with USD/SGD expected to stay firm. Low volatility suggests limited movement, making it a strategic time for derivative trading. – vtmarketsmy.com

HSBC Asset Management observes an increase in long-dated Japanese government bond yields amid fiscal concerns

Long-dated Japanese government bond yields are rising, influenced by fiscal concerns and election spending plans. This trend boosts the Yen’s attractiveness, impacting equities. Strategies include trading futures and options. – vtmarketsmy.com

Grey metal prices surged over 8%, reaching $117.74 due to geopolitical tensions and US dollar weakness.

Silver prices have skyrocketed to $117.74 amid geopolitical tensions and a declining US Dollar, showing potential to hit $150. Traders must navigate volatility with strategic options while monitoring demand dynamics. – vtmarketsmy.com

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