The Singapore Manufacturing PMI rose to 50.3 in December, up from 50.2. This small increase suggests slight improvement in the manufacturing sector’s health. In currency markets, the EUR/USD is stabilizing around 1.1750 as the US Dollar weakens. Likewise, GBP/USD trades at about 1.3490, showing modest gains since the New Year break.

Gold Market Trends

Gold saw steep declines from the $4,400 mark, now stabilizing around $4,320. Despite this drop, expectations of a less aggressive Federal Reserve and ongoing geopolitical concerns remain strong. Cardano is gaining traction and trading above $0.36 due to better market data, indicating increased bullish interest and a potential breakout. For 2026 and 2027, advanced economies are expected to perform well. Last year’s stability creates a positive outlook for the future, supported by ongoing favorable factors. In 2025, the crypto market’s volatility stemmed from new U.S. regulations and technological innovations, which may lead to further developments this year.

Top Forex and CFD Brokers

Several top forex and CFD brokers are recommended for 2026 trading. Traders should consider spreads, leverage, and regulatory standards. The new year is starting slowly, with light trading as everyone returns from the holidays. The small rise in Singapore’s manufacturing PMI to 50.3 is a minor positive sign but hasn’t led to significant market movements. This contrasts with the final Caixin China General Manufacturing PMI for December 2025, which came in slightly weaker at 50.1, indicating modest and uneven growth in the region. All eyes are now on the upcoming US jobs report for December 2025, which will be a major catalyst for the year. Economists predict non-farm payrolls will be around 160,000, a figure that could greatly affect the Federal Reserve’s decisions. A significantly lower number might fuel expectations for earlier rate cuts, while a strong report could challenge current market assumptions. The market anticipates a dovish Fed, leading to a declining US Dollar and rising gold prices. Currently, fed funds futures indicate over a 70% chance of a rate cut by the Fed’s June 2026 meeting. This makes buying options to prepare for surprises in the jobs data a smart risk management strategy. Gold remains at high levels, recently hitting $4,400 before settling around $4,320. It rallied over 25% in 2025, driven by expectations of a weaker dollar and ongoing geopolitical tensions. Traders should watch for volatility, as a strong US jobs report could lead to a quick but temporary drop in gold prices. The US dollar’s weakness is also reflected in the EUR/USD, which has climbed back to 1.1750. The next move in this pair will depend on the US jobs data and the upcoming preliminary Eurozone inflation report for December 2025. Meanwhile, GBP/USD remains below the 1.3500 level, likely waiting for a clear signal from the US economy. Create your live VT Markets account and start trading now.

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