Inflation in Tokyo holds steady at 2.8%, while Ripple struggles at $2.19. A $37 million Upbit hack casts doubt on crypto, and gold prices soar amid anticipated US rate cuts. – vtmarketsmy.com
Japan’s unemployment rose to 2.6% in October, impacting economic forecasts and the Bank of Japan’s interest rate decisions. This trend suggests potential Yen weakness and favorable conditions for Japanese equities. – vtmarketsmy.com
Tokyo’s inflation remains steady at 2.7%, supporting the yen, while the US Federal Reserve shows signs of potential rate cuts. A security breach at Upbit resulted in a $37 million loss. – vtmarketsmy.com
Tokyo’s inflation hit 2.8%, signaling potential policy tightening, while a weak dollar boosts GBP and Euro. Strategies favor USD/JPY puts and gold calls amid anticipated Fed rate cuts. – vtmarketsmy.com
GBP/USD rises near 1.3250 due to expected US rate cuts, while EUR/USD remains stable. Gold gains support and crypto exchange Upbit faces a $37 million breach. UK stocks dip amid market caution. – vtmarketsmy.com
South Korea’s service sector output fell 0.6% in October, signaling economic cooling. This trend may weaken the won and prompt policy shifts. Traders should strategize accordingly amid volatile markets. – vtmarketsmy.com
South Korea’s industrial output plunged from 11.6% growth to -8.1%, signaling economic alarm. Impacts include currency volatility, KOSPI index pressure, and global trade concerns, suggesting a broader economic slowdown. – vtmarketsmy.com
South Korea’s industrial output plummeted 4% in October, triggering market fears and bearish strategies on equities, particularly in manufacturing. Investors brace for further economic updates amid significant currency weakness. – vtmarketsmy.com
New Zealand’s consumer confidence surged to 98.4 in November, signaling optimism and potential shifts in spending. This boost may influence interest rates and presents trading opportunities in the NZ dollar and local equities. – vtmarketsmy.com
Gold remains steady at $4,160 amid low trading volumes and economic uncertainty. With an 85% chance of a Federal Reserve rate cut, bullish strategies are anticipated while geopolitical tensions support gold’s appeal. – vtmarketsmy.com
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