Live Updates

The People’s Bank of China set its yuan rate at 7.0019, signaling a tolerance for depreciation to boost competitiveness. This move indicates potential yuan weakness, prompting investors to adjust strategies. – vtmarketsmy.com

Australia’s unemployment rate dropped to 4.1%, exceeding expectations with 65.2K new jobs. This positive shift pressures the Reserve Bank, suggesting potential interest rate hikes as the economy gains momentum. – vtmarketsmy.com

The GBP/USD pair hovers above 1.3400, with limited movement as traders await key US economic data. Anticipate shifts in trading dynamics amid mixed signals from both economies. – vtmarketsmy.com

The Japanese Yen is declining due to fiscal concerns and positive market sentiment ahead of the Bank of Japan’s policy meeting, leading to favorable trading opportunities in various currency pairs and gold options. – vtmarketsmy.com

Australia’s surprising employment surge of 54.8K in December could shift the Reserve Bank’s policy stance. As global markets fluctuate, investors should prepare for volatility and reassess strategies around the Australian dollar. – vtmarketsmy.com

Australia’s unemployment rate dropped to 4.1%, surprising analysts and indicating economic resilience. This strengthens the Australian dollar and suggests traders adjust expectations for future interest rate cuts. – vtmarketsmy.com

Australia added 65.2K jobs in December, surpassing expectations, while the unemployment rate held at 4.5%. Strong job growth signals resilience, impacting interest rates and market strategies for investors. – vtmarketsmy.com

Australia’s December participation rate fell slightly to 66.7%, hinting at a cooling job market. This could lead to anticipated RBA rate cuts, impacting equities, bonds, and the Australian dollar. – vtmarketsmy.com

Japan’s export growth fell short, signaling economic softness and potential Yen weakness. Meanwhile, the GBP/USD strengthens, gold prices drop, and the cryptocurrency market recovers. Cautious investment strategies advised. – vtmarketsmy.com

Foreign investment in Japanese stocks dropped amid global uncertainties, while UK inflation boosted GBP/USD. The Australian dollar rose on strong job data. Gold prices fell as trade tensions eased. – vtmarketsmy.com