Gold prices are slipping due to a stronger US Dollar and positive government reopening news, but a slowing economy and potential Fed rate cuts may provide future support for gold. – vtmarketsmy.com
The EUR/USD is steady at 1.1580, influenced by expectations of stable ECB rates and weak US employment data. Watch for upcoming German inflation figures that could impact market dynamics significantly! – vtmarketsmy.com
The Nasdaq is set to soar toward a new all-time high of 26,793, following a completed correction. Favorable economic data and strong earnings signal an optimistic trend for traders. – vtmarketsmy.com
RBA Deputy Governor Andrew Hauser emphasizes restrictive monetary policy amid fluctuating consumer sentiment. With the AUD stable, traders must prepare for potential volatility linked to upcoming inflation and employment reports. – vtmarketsmy.com
The Australian Dollar weakens amid US Dollar strength and tight RBA policies. Despite short-term declines, bullish strategies may be favorable as geopolitical tensions ease and China shows economic stabilization. – vtmarketsmy.com
South Korea’s money supply growth accelerates, while Bitcoin drops to $103,000, impacting altcoins negatively. Investors are advised to remain cautious and conduct thorough research amid market volatility. – vtmarketsmy.com
USD/CAD hovers above 1.4000 as US government shutdown optimism boosts the dollar, while Canadian strength rises from high oil prices and inflation concerns. Traders eye potential volatility ahead. – vtmarketsmy.com
WTI oil prices are influenced by US political developments, Russian supply issues, and OPEC+ production strategies. Watch for volatility as supply trends and geopolitical risks shape market dynamics. – vtmarketsmy.com
The US Dollar Index sees modest gains at 99.55, fueled by hopes of resolving the government shutdown. However, weak consumer sentiment and employment data raise concerns about potential dollar weakness ahead. – vtmarketsmy.com
China’s 19 private banks, led by WeBank and MYbank, thrive amid state dominance. Recent currency adjustments signal stability efforts as economic indicators show slower growth. Stay informed before investing! – vtmarketsmy.com
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