Gold prices in India surged on Monday, reflecting increasing demand for safe-haven assets amid economic uncertainty. Central banks are buying heavily, supporting the precious metal’s appeal as interest rates potentially drop. – vtmarketsmy.com
Gold prices in Malaysia surged to MYR 577.34 per gram due to a weakening US Dollar and anticipated interest rate cuts. Central banks are aggressively buying, signaling strong market demand. – vtmarketsmy.com
The EUR/JPY weakened to 183.65 due to Japan’s safe-haven demand amid Venezuela’s crisis. With stable interest rates from both the ECB and BoJ, volatility rises, presenting trading opportunities. – vtmarketsmy.com
Indonesia’s inflation has surged, reflecting economic shifts, while geopolitical tensions drive fluctuations in crypto and oil markets. Gold thrives amid uncertainties, signaling potential trading opportunities for savvy investors. – vtmarketsmy.com
Oil prices have dipped to $57, driven by Venezuelan supply prospects. Bitcoin surges past $93K, while the US dollar strengthens amidst geopolitical turmoil. Safe-haven strategies are recommended for traders. – vtmarketsmy.com
Indonesia’s imports rose 0.46% in November, signaling increased demand and economic activity. This rebound may impact currency value, trade balance, and interest rates, suggesting future market volatility ahead. – vtmarketsmy.com
Indonesia’s exports plummeted 6.6% in November, signaling deeper economic woes. With the Rupiah weakening and declining global demand, investors should brace for potential market corrections and consider strategic trading moves. – vtmarketsmy.com
The US Dollar Index surges above 98.50 amid US-Venezuela tensions and safe-haven demand. Traders anticipate upcoming ISM Manufacturing PMI data, while geopolitical events create volatility and uncertainty ahead. – vtmarketsmy.com
The Japanese Yen weakens against a robust US Dollar, driven by cautious Bank of Japan policies and global tensions. USD/JPY exceeds 157.00, but upcoming economic data may shift trends significantly. – vtmarketsmy.com
USD/CHF rises above 0.7930 amid US Dollar strength from market risk-off sentiment, driven by geopolitical tensions. Key economic data releases this week hint at increased volatility ahead. – vtmarketsmy.com
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