Trump indicated the US is not involved in the Israel-Iran conflict but hinted at potential future engagement. Traders should watch for volatility in markets as events unfold. – vtmarketsmy.com
The AUD/USD is falling below 0.6500 amid rising geopolitical tensions and limited Australian economic data. As safe-haven demand for the US Dollar grows, riskier currencies like the AUD struggle. – vtmarketsmy.com
South Korea’s Finance Ministry closely monitors markets as export pressures rise amidst trade tensions. With the won weakening, policymakers may intervene, balancing volatility with potential risk-reward opportunities. – vtmarketsmy.com
The USD/JPY pair is above 144.00, driven by geopolitical tension and diverging monetary policies. Despite safe-haven demand for the Dollar, the Yen weakens amid Japan’s uncertain economic recovery and interest rate expectations. – vtmarketsmy.com
China’s new bank loans fell to 620 billion yuan in May, below expectations, highlighting weak borrowing appetite and slowing credit growth. Analysts anticipate further rate cuts to stimulate demand. – vtmarketsmy.com
Gold prices are rising due to the Israel-Iran conflict, reaching a five-week high. As inflation declines, all eyes are on the Federal Reserve’s upcoming meeting, impacting gold’s upward trajectory. – vtmarketsmy.com
UK home asking prices fell 0.3% in June, the largest drop since 2011, revealing buyer caution amid rising listings. Sales activity increased, hinting at shifting dynamics in the housing market. – vtmarketsmy.com
New Zealand’s economic indicators reveal significant contraction, with the Services Performance Index dropping to 44.0 and manufacturing also declining. This suggests potential recession, yet the NZD remains stable. – vtmarketsmy.com
The yen has weakened against the dollar due to rising oil prices and U.S. bond yields. With the Bank of Japan expected to maintain interest rates, volatility persists in global markets. – vtmarketsmy.com
Oil prices surged nearly $3 amid rising demand expectations, contrasting with declining US equity futures. This market divergence hints at inflation worries affecting corporate margins and signals potential strategic shifts for traders. – vtmarketsmy.com
Insights 
VT 
