Live Updates

Italy’s manufacturing sector shows stability as the PMI hits 50.6, while the weakened dollar boosts gold and silver. Cryptos drop over 4%, creating volatility amid cautious market sentiment. – vtmarketsmy.com

Japan’s capital spending grows 2.9%, indicating modest growth. The yen strengthens amid expected interest rate hikes, while the USD weakens, prompting strategies to trade the USD/JPY pair. – vtmarketsmy.com

Japan’s government urges faster Bank of Japan action on inflation, focusing on wage growth. As the USD/JPY drops, more interest rate hikes seem likely, influencing currency and stock strategies. – vtmarketsmy.com

Spain’s Manufacturing PMI missed estimates, while the USD strengthens as investors exit India’s stock market. Gold rises amid a weaker dollar, but cryptocurrencies face sharp declines, signaling potential market volatility ahead. – vtmarketsmy.com

The Euro rebounds against a weak British Pound, targeting resistance at 0.8795. With the Pound’s rally fading and mixed economic signals, traders might seize short-term Euro gains ahead. – vtmarketsmy.com

Austria’s unemployment rate remains steady at 7.2%, reflecting economic stagnation and influencing future labor policies. This stability hints at subdued volatility in the markets and bearish sentiment on the Euro. – vtmarketsmy.com

Gold prices in Saudi Arabia rose, reflecting a trend fueled by central banks increasing reserves and geopolitical instability. This signals potential market caution and opportunities for strategic investments. – vtmarketsmy.com

Gold prices in the Philippines rose, reflecting international trends amid economic uncertainty. Central banks lead record gold purchases, supporting prices as investors seek safe-haven assets amid a softening dollar. – vtmarketsmy.com

Cryptocurrencies’ decline is shifting market sentiment, driving investors to gold as a safe haven. With volatility rising and a potential Fed rate cut, strategic options trading is crucial for navigating uncertainty. – vtmarketsmy.com

Gold prices in the UAE have surged to 501.42 AED per gram, driven by strong central bank demand and favorable economic conditions. Watch for potential volatility as market trends evolve. – vtmarketsmy.com