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
Traders anticipate RBA Governor Bullock’s speech and China’s inflation data, impacting the AUD/JPY pair. Japan’s political uncertainty complicates rate hikes, prompting volatility strategies amid fluctuating iron ore prices. – vtmarketsmy.com
WTI Oil prices rise near $59.50 as US-China trade tensions ease, boosting demand. However, OPEC+ plans to increase production may temper future gains, creating a volatile trading environment. – vtmarketsmy.com
EUR/USD rose to 1.1570, balancing pressures from a potential US rate cut and political turmoil in France. Traders eye upcoming German economic data and volatility strategies amid uncertain markets. – vtmarketsmy.com
The US Dollar Index is stable amid hopes for US-China trade negotiations, but potential Fed rate cuts and a government shutdown could hinder growth. Watch for market volatility and key economic indicators. – vtmarketsmy.com
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