Live Updates

Emini Nasdaq and Dow indices show bullish momentum, targeting all-time highs. Canadian job reports hint at a cooling economy, while Pi Network faces bearish signals. Gold traders await key inflation data. – vtmarketsmy.com

The US Dollar struggled after mixed economic data and expectations of a Fed rate cut. Inflation impacts currency strength, with Gold prices under pressure from high opportunity costs, influencing trading strategies. – vtmarketsmy.com

The AUD/USD is nearing a two-month high, fueled by Australia’s strong household spending and expectations of RBA rate hikes. Meanwhile, the USD weakens as rate cuts loom from the Fed. – vtmarketsmy.com

South Africa’s gold and forex reserves climbed to $70 billion, signaling economic stability. Conversely, Canadian unemployment is set to hit 7%, prompting speculation on a potential interest rate cut. – vtmarketsmy.com

Central banks continue to accumulate gold, influencing prices amid potential US interest rate cuts. With geopolitical tensions and inflation pressures, gold remains a solid investment amid market volatility. – vtmarketsmy.com

Pi Network faces declining prices as supply pressure rises from exchanges. Meanwhile, Japan shows economic strength, while Canada’s labor market weakens. Traders may explore short positions and buy opportunities accordingly. – vtmarketsmy.com

Statistics Canada’s upcoming Labour Force Survey is crucial, predicting a 7% unemployment rate. Market reactions hinge on this data, shaping the Bank of Canada’s rate decision and impacting the Canadian dollar. – vtmarketsmy.com

Gold prices rose in the Philippines, reaching 7,990.32 PHP per gram, driven by a weaker US dollar and central bank purchases. A bullish outlook for gold suggests potential investment opportunities ahead. – vtmarketsmy.com

Gold prices in the UAE remain stable, suggesting potential growth ahead. Central bank demand and shifting US Federal Reserve rates bolster gold’s appeal as a safe-haven asset amidst economic uncertainty. – vtmarketsmy.com

Gold prices in Pakistan rose to PKR 38,377.77 per gram, reflecting global trends. Amid economic uncertainty, gold remains a stable investment. Central banks’ growing reserves signal potential future increases. – vtmarketsmy.com