Live Updates

The Bank of Japan plans gradual asset purchase reductions, starting at ¥400 billion per quarter until 2026, aiming for stability and predictability in fixed income markets while signaling long-term risk expectations. – vtmarketsmy.com

The Pound Sterling (GBP) is predicted to trade between 1.3540 and 1.3620, with potential upward movement to 1.3700 if it exceeds 1.3640. Watch these key levels for trading strategies! – vtmarketsmy.com

The Bank of Japan maintains its 0.50% interest rate, planning gradual bond purchase reductions by 2027. Economic recovery shows signs of weakness, signaling a cautious approach to future inflation and monetary policy. – vtmarketsmy.com

Gold prices hover below $3,400 as traders await vital Federal Reserve insights. With geopolitical tensions supporting its safe-haven status, upcoming FOMC meeting outcomes could shake market dynamics significantly. – vtmarketsmy.com

Crude prices hit $72, up 12% since May, as geopolitical tensions support stability. Russia’s call for OPEC+ output reassessment signals potential volatility, while US retail sales could affect future demand. – vtmarketsmy.com

Uranium prices may surge again, driven by strong fundamentals and technical signals. Meanwhile, global equities are shifting away from U.S. dominance, with increasing favor for sectors like Industrials and Utilities. – vtmarketsmy.com

Oil prices surged due to three ships ablaze in the Gulf of Oman, prompting market concerns. Geopolitical tensions influenced trading, while currencies remained stable despite a drop in the yen against the dollar. – vtmarketsmy.com

GBP/JPY is under pressure after peaking at 196.85, reacting to BoJ’s steady rates at 0.5%. Market uncertainty surrounds UK CPI data and BoE’s anticipated hold on rates at 4.25%. – vtmarketsmy.com

Three ships are reportedly on fire in the Gulf of Oman, impacting oil prices and stirring market speculation. Traders react swiftly, shaping immediate risk and volatility in crude markets. – vtmarketsmy.com

The US Dollar Index (DXY) is struggling below key support levels, trading around 98.10. Key resistance at 99.38 could signal a reversal, while Fed decisions will heavily influence future movements. – vtmarketsmy.com