Monthly Archives: October 2025
The Pound drops for four consecutive days, breaking key support levels around 1.3140
Written on October 31, 2025 at 6:50 pm, by davin
The British pound hits a four-day low against the strong US dollar at 1.3116, influenced by upcoming potential Bank of England rate cuts and robust US economic data. – vtmarketsmy.com
Canada’s monthly GDP in August fell to -0.3%, missing predictions of 0%
Written on October 31, 2025 at 6:50 pm, by davin
Canada’s GDP declined by 0.3% in August, signaling economic troubles, while the US Dollar strengthened amid hawkish Fed policies. Traders may consider options on currencies and commodities as market dynamics shift. – vtmarketsmy.com
Francois Villeroy de Galhau from the ECB emphasizes the importance of keeping options open for action
Written on October 31, 2025 at 6:50 pm, by davin
The ECB’s flexible approach amid market risks hints at ongoing volatility in the Eurozone, while gold sees declines and US Federal Reserve policies create uncertainty for traders. Adapting strategies is essential. – vtmarketsmy.com
Dow Jones futures rise slightly during a European morning session, recovering from a previous decline
Written on October 31, 2025 at 6:50 pm, by davin
Dow Jones Futures show slight gains, hinting at a Wall Street recovery as interest rate fears ease. However, investor caution persists, suggesting a defensive strategy is wise amid market volatility. – vtmarketsmy.com
USD/CHF trading at 0.8030, near a two-week high of 0.8037
Written on October 31, 2025 at 5:50 pm, by davin
US-China trade dynamics influence the dollar’s strength, with the Federal Reserve’s cautious stance supporting USD/CHF. Traders might explore options strategies to capitalize on this upward momentum in currency markets. – vtmarketsmy.com
South Africa’s trade balance increased to 21.76 billion Rands from 3.97 billion.
Written on October 31, 2025 at 5:50 pm, by davin
South Africa’s trade balance surged to 21.76 billion rand, signaling strong economic momentum, while currencies face pressure from US dollar strength. Bitcoin shows signs of recovery amidst fluctuating market sentiment. – vtmarketsmy.com
Commerzbank analysts expect concerns about copper supply to persist.
Written on October 31, 2025 at 5:50 pm, by davin
Copper prices remain high due to persistent supply issues, particularly from Chile and labor concerns. Despite slight manufacturing contractions in China, demand is bolstered by electric vehicles and renewed infrastructure. – vtmarketsmy.com
Increased investor interest caused gold to reach unprecedented demand, despite a temporary price decline.
Written on October 31, 2025 at 5:50 pm, by davin
Gold demand surged in Q3 to record levels, driven by ETF inflows and central bank purchases, despite a price dip. Jewelry demand fell sharply, impacted by high prices. – vtmarketsmy.com
Carsten Fritsch from Commerzbank says Russia effectively secures buyers for its crude oil
Written on October 31, 2025 at 4:50 pm, by davin
Russia’s crude oil exports remain high despite recent declines to China and India. US sanctions may not have significantly impacted exports yet, creating trading volatility and potential price fluctuations ahead. – vtmarketsmy.com
Commerzbank’s Carsten Fritsch reports a 6.9 million barrel drop in US crude oil stocks.
Written on October 31, 2025 at 4:50 pm, by davin
US crude oil inventories fell sharply, highlighting a tight market. With reduced stocks and strong demand, traders should prepare for potential volatility, especially in heating oil as winter approaches. – vtmarketsmy.com