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Recent Posts by davin

WTI crude oil drops below $60 for three straight days after an unexpected inventory increase

WTI Crude Oil dips below $60 per barrel amid rising inventories and weak global manufacturing data. With US production high, bearish trends suggest continued volatility and potential short-selling opportunities ahead. – vtmarketsmy.com

US economic data strengthens the Dollar, but gold prices rise over 1% to around $3,980

Gold prices have surged over 1% to nearly $4,000, driven by persistent inflation and geopolitical risks, despite strong U.S. economic data. Traders are eyeing strategic options in an uncertain market. – vtmarketsmy.com

NZD/USD rises as Chinese tariffs on US goods ease, despite a weak labor market

The NZD/USD rises slightly due to China’s tariff suspension but faces downward pressure from rising unemployment in New Zealand. Investors should consider bearish strategies ahead of an expected interest rate cut. – vtmarketsmy.com

Miran from the Fed sees the October employment report as a surprisingly positive development.

Surprising job growth in October may lead to interest rate cuts, signaling traders to adjust positions. With falling inflation and stronger equity markets, opportunities are ripe for savvy investors. – vtmarketsmy.com

GBP/USD stabilizes after recent losses as UK finance minister hints at possible tax increases

GBP/USD stabilizes at 1.3028 after a 0.90% drop due to UK’s potential tax increases. Traders eye US payroll and PMI data for direction amid bearish momentum and limited rally potential. – vtmarketsmy.com

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