Live Updates

The Bank of Japan is poised for more interest rate hikes, aiming to stabilize prices and foster growth. With the yen weak against the dollar, potential market shifts are on the horizon. – vtmarketsmy.com

The NZD/USD struggles to rise amid a strong US Dollar influenced by geopolitical tensions. Potential Fed rate cuts may limit USD gains, while China’s economic health impacts NZD. Watch for market volatility! – vtmarketsmy.com

China’s Services PMI drop and weakening iron ore prices are pressuring the Australian Dollar, which fell 0.15% against the US Dollar. Caution and bearish options strategies are recommended for traders. – vtmarketsmy.com

China’s Services PMI dipped to 52, indicating slowing economic momentum. This could impact markets, prompting strategies like buying put options on the AUD/USD to hedge against weaker demand from China. – vtmarketsmy.com

The PBOC set the USD/CNY rate at 7.0230, signaling controlled stability amid economic uncertainty. Traders are advised to explore strategies for potential volatility and currency depreciation in upcoming weeks. – vtmarketsmy.com

EUR/USD is falling, nearing 1.1710, amid rising US Dollar strength from geopolitical turmoil in Venezuela. With diverging central bank policies, potential rebounds for the Euro may arise despite current volatility. – vtmarketsmy.com

WTI crude oil surged to $57.30 amid geopolitical tensions following the US strike on Venezuela. Market volatility is expected as supply, demand, and key reports influence future pricing. – vtmarketsmy.com

USD faces pressure from geopolitical events, while GBP shows strength amid UK budget optimism. Federal Reserve rate cuts may limit USD gains, creating opportunities for GBP/USD upside. – vtmarketsmy.com

Japan’s manufacturing PMI remained steady at 50, indicating stability amid global tensions affecting financial markets. Rising gold prices and the strengthening US dollar highlight the volatility and caution in trading. – vtmarketsmy.com

Gold prices have soared to $4,370 amid US-Venezuela tensions, driven by geopolitical uncertainty and expected Federal Reserve rate cuts. This surge indicates gold’s safe-haven appeal during crises. – vtmarketsmy.com