Japan’s Economy Minister urges a review of US tariffs, emphasizing liquidity support for affected businesses. With trade tensions rising and consumer confidence shaky, market reactions to the yen reflect cautious optimism. – vtmarketsmy.com
Economists largely predict a Reserve Bank of Australia cash rate cut to 3.85% on May 20, with a further decline to 3.35% by 2025, influenced by current economic softness and tariffs. – vtmarketsmy.com
Japan’s GDP shrank by 0.7% in Q1, disappointing expectations. Meanwhile, the Aussie dollar rises against a weaker US dollar, and gold faces resistance amid easing US-China tensions. Stay alert for market shifts! – vtmarketsmy.com
The Trump administration plans to add Chinese chipmakers to an export blacklist, raising concerns about trade talks with China. As trade dynamics shift, traders must act swiftly in a turbulent market. – vtmarketsmy.com
New Zealand’s manufacturing sector grows, boosting the Business NZ PMI. Meanwhile, Bitcoin and Solana decline amid FTX creditor repayments, and the UK’s unexpected growth raises questions about sustainability. – vtmarketsmy.com
New Zealand’s manufacturing sector shows promising growth with a PMI of 53.9 in April, indicating sustained recovery. However, concerns linger about future demand and economic sustainability. Is the momentum here to stay? – vtmarketsmy.com
The Trump administration has announced vague, potentially recycled deals worth $200 billion with the UAE and Saudi Arabia, lacking details or verified commitments, raising questions about their real market impact. – vtmarketsmy.com
Australia prioritizes its trade relationship with China, emphasizing economic interests over US diplomatic pressures, as exports to China significantly exceed those to the US. This could stabilize markets centered on Australian commodities. – vtmarketsmy.com
Gold prices surged to $3,228 from $3,120, driven by a weaker US Dollar and falling bond yields. Central banks’ purchases and geopolitical tensions further fueled its appeal as a safe-haven asset. – vtmarketsmy.com
U.S. Deputy Treasury Secretary Adeyemo reassured that inflation will stabilize, easing concerns about price hikes. With confidence in the economy’s rebound and upcoming Treasury auctions, volatility remains a key factor to watch. – vtmarketsmy.com
Insights 
VT 
