Gold prices in Malaysia surged to 550.91 MYR per gram amid economic uncertainty. Factors like central bank demand and potential US rate cuts could further boost gold’s appeal as a safe-haven asset. – vtmarketsmy.com
WTI Oil has bounced back to around $59.40 after previous losses, influenced by reassuring comments from Trump on China’s economy and easing Middle East supply fears, amidst ongoing geopolitical uncertainties. – vtmarketsmy.com
Gold prices soar to $4,078 due to US-China trade tensions and a potential US government shutdown. Expect further gains from anticipated interest rate cuts, while geopolitical risks bolster safe-haven demand. – vtmarketsmy.com
The Indian Rupee remains steady at 88.70 against the US Dollar, aided by RBI interventions. Traders await CPI data, where easing inflation could influence monetary policy and impact the currency’s strength. – vtmarketsmy.com
The NZD/USD has rebounded amid easing US-China trade tensions, supporting the kiwi. The RBNZ’s higher rates contrast with dovish past policies, highlighting a cautious economic outlook influenced by global growth dynamics. – vtmarketsmy.com
The AUD/USD hovers near 0.6550 as China’s trade surplus falls short of expectations, while a U.S. government shutdown dampens the dollar. Mixed economic signals create trading opportunities ahead. – vtmarketsmy.com
China’s trade surplus dropped to $90.45 billion in September, influencing AUD strength as imports surged unexpectedly. Traders eye upcoming data for insights on sustainable Australian dollar gains amid fluctuating commodity prices. – vtmarketsmy.com
China’s trade surplus fell to $90.45 billion in September, signaling economic challenges. Amidst rising gold prices and crypto volatility, market strategies shift in response to US-China tensions. – vtmarketsmy.com
China’s exports surged 8.3% in September, defying forecasts amid trade tensions. Gold rises as investors seek safety, while crypto markets react sharply to tariff threats. Market volatility presents trading opportunities. – vtmarketsmy.com
China’s imports surged 7.4% in September, defying expectations amid US-China trade tensions. Despite strong indicators, market volatility remains high, driving gold prices to all-time highs and creating cautious trading conditions. – vtmarketsmy.com
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