Welcome to the latest market news brought to you by one of Malaysia’s most professional CFD traders – TMS CFD! Whether you’re a novice or seasoned trader, we provide you with the latest and most comprehensive market updates and CFD Signals Telegram. From global economic trends to the latest developments in stocks, forex, commodities markets and crypto currency , our team of experts delivers authoritative and timely information to help you make informed trading decisions.

Market Overview: Insights and Analysis

Chair Powell’s recent statements reflect a non-committal stance on rate cuts for the year. The Federal Reserve has once again voted to maintain interest rates, citing minimal progress in addressing inflation concerns during the first quarter. Powell suggests that inflation remains sufficiently restrictive, expressing uncertainty about the need for rate cuts despite his personal view that inflation may decrease by year-end.

Investment Strategies

Despite uncertainties, earnings have surpassed expectations in the first quarter, with continued growth. Investors advise diversifying portfolios, utilizing periods of volatility to achieve balance. In equities, attention is drawn to the S&P 493, while long-term investments in the AI market are encouraged. Regarding bond portfolios, investors caution against overweighting due to reinvestment risks.

Market Trends in Asia and Commodities

Asian stocks began with uncertainty following the Fed’s indication of a delay in rate cuts, alongside a weakening dollar against the yen, possibly due to Japanese government intervention. Oil prices experienced a sharp decline, reaching a seven-week low. Focus shifts to Apple’s anticipated sales drop and plans for AI integration in iPhones. Meanwhile, U.S. indexes closed mixed, with energy, technology, and consumer staples leading the S&P500’s decline.

Financial Indicators and Middle East Developments

The 10-year Treasury yield briefly dipped below 4.60%, while the 3-month VIX opened high, reflecting market uncertainty amidst the Fed’s rate cut discussions. Gold prices surged overnight, trading above $2319.398. Middle East tensions eased with ceasefire talks between Gaza and Israel underway, though the situation remains fluid.

Commodities Analysis

Gold prices rose amid easing Middle East tensions and the Fed’s rate cut decisions. However, technical indicators suggest caution, with potential patterns indicating price fluctuations. Silver mirrors gold’s movement, with potential for further declines if certain levels are breached.

Conclusion

In conclusion, market conditions remain uncertain amidst the Fed’s deliberations on interest rates, earnings reports, and geopolitical developments. Investors are advised to stay informed and adopt diversified strategies to navigate these volatile times.

GOLD – With tensions in the Middle East easing the continued push of the FED’s rate cut decision, and their dismissal of a potential hike as data disapproves of this, they mention, that GOLD has risen in value overnight. Although a higher timeframe suggests the formation of an M-pattern, it is important to take note of how prices will play around these levels as we may see the potential formation of an SHS from where the price is as it created the perfect scoop for orders to be taken into after it slid slightly below 2295.536. However, for as long as the price remains ranging between the structures, we do not call for GOLD for anything.

SILVER – We can see SILVER doing the same thing as gold with the potential to drop further. However, if it fails to drop, we may see the price range below 27.552. 

Join CFD Trader Malaysia-TMS CFD Now ! Including CFD Signals Telegram and more, to stay ahead of the market curve and embark on your trading journey!