Strong U.S. labour market data pushed Asian equities higher. Traders are recalibrating rate-cut expectations after the unexpected payrolls surge. – vtmarkets.com
Japanese yen stabilises but faces pressure from cautious domestic policy and a stronger U.S. dollar. – vtmarkets.com
The Nikkei fell 2.8% this week due to Prime Minister Ishiba’s shifting stance on rate hikes, with Kawasaki Kisen dropping 9.2% after the U.S. port strike ended. – vtmarkets.com
Wheat futures fell by 0.8%, yet remain up 3.4% for the week due to Russian drought concerns and export restrictions. Meanwhile, soybean prices stayed flat, with the market under pressure from improved weather conditions in Brazil, easing supply worries. – …
Beijing’s stimulus package is boosting Chinese stocks, but its effect on the yuan is under scrutiny as USDCNH continues its bullish momentum. Traders are closely watching the interplay between China’s economic recovery efforts and U.S. economic data for market direction. …
Oil prices inch higher on concerns over Middle East conflict, however as global supply remains stable, potential price spikes remain moderated. – vtmarkets.com
Gold prices remain flat, with markets closely watching upcoming U.S. nonfarm payroll data and its potential impact on Federal Reserve rate decisions. Other precious metals, including silver and platinum, show mixed performance as geopolitical tensions and economic indicators drive cautious …
The Indian rupee is expected to open near 83.92-83.94, pressured by a stronger U.S. dollar driven by robust jobs data and reduced expectations for a large Fed rate cut. Rising oil prices due to Middle East tensions add further downside …
Nvidia’s gains lifted the tech sector, but Tesla’s drop and Middle East tensions kept the S&P 500 flat as traders remained cautious. Focus now shifts to Friday’s U.S. non-farm payroll report, which could influence the Federal Reserve’s next interest rate …
The Australian dollar surged 2% overnight to reach 101.25 yen, breaking through the 100.00 resistance barrier. This surge came as Japan’s newly appointed Prime Minister, Shigeru Ishiba, signalled opposition to further interest rate hikes, a shift in stance from his …
