The Indian Rupee weakens to 88.90 against the US Dollar, with potential RBI rate cuts likely. Traders should consider options for further depreciation as foreign investments fluctuates amidst global tensions. – vtmarketsmy.com
The euro may struggle to rebound due to French political uncertainty and potential US macroeconomic shifts. Traders should brace for volatility as a no-confidence vote looms, impacting market confidence. – vtmarketsmy.com
Gold remains strong above $4,100, buoyed by optimism from US-China trade talks and expectations of Federal Reserve rate cuts, while geopolitical tensions provide further support. A disciplined buying strategy is advised. – vtmarketsmy.com
Oil prices fell over $1 to about $58 as US-China trade tensions rise, with increased taxes threatening global trade. Supply increases and economic anxieties suggest further price volatility ahead. – vtmarketsmy.com
Tech stocks like Tesla and Nvidia boosted Wall Street, but uncertainty from US-China port fees and upcoming bank earnings reports raise concerns. Traders brace for volatility amid inflation worries. – vtmarketsmy.com
US and China are escalating their trade conflict by imposing new port fees, impacting shipping and commodities. The AUD/USD drops, highlighting increased volatility and potential strategies for traders amid uncertainties. – vtmarketsmy.com
Gold prices in the Philippines surged on Tuesday, rising to 7,801.50 PHP per gram, driven by strong demand amid economic uncertainties, prompting traders to consider strategies for potential market volatility. – vtmarketsmy.com
Gold prices in the UAE surged due to geopolitical tensions and market uncertainties, influenced by the US government shutdown and rising demand from central banks, signaling strong bullish momentum ahead. – vtmarketsmy.com
The GBP/JPY pair is falling as yen demand rises despite Bank of Japan rate hike uncertainties. Upcoming UK jobs data could influence future direction amid market volatility and potential currency intervention risks. – vtmarketsmy.com
Gold prices in Malaysia surged to 565.57 MYR per gram, driven by inflation concerns and a weaker US Dollar. Traders are advised to consider gold derivatives for potential gains amidst market uncertainty. – vtmarketsmy.com
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