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Scott Bessent encourages the Federal Reserve to implement rate cuts in a CNBC interview
Treasury Secretary Scott Bessent urges the Fed to cut rates despite signals of a pause. Market predictions anticipate modest cuts ahead, sparking trading opportunities in derivatives and equities. – vtmarketsmy.com
Written on January 9, 2026 at 2:26 am
Categories: Live Updates
The US dollar strengthened, showing optimism as market participants awaited an important labor market report.
The US Dollar remains strong as markets anticipate key labor data. Meanwhile, various currencies face challenges, with potential shifts in euro, pound, and Aussie trends. Traders eye gold’s dip as a buying chance. – vtmarketsmy.com
Written on January 9, 2026 at 2:26 am
Categories: Live Updates
Argentina’s industrial output falls to -8.7% year-on-year in November, down from -2.9%
Argentina’s industrial output plummeted 8.7% in November, signaling serious economic concerns. With volatile markets and a pivotal US jobs report on the horizon, caution is advised for traders. – vtmarketsmy.com
Written on January 9, 2026 at 2:26 am
Categories: Live Updates
The focus on defense stocks is due to President Trump’s accelerating foreign policy measures in 2026.
In early 2026, President Trump’s defense expansion boosts defense stocks in the US and Europe significantly, prompting investment strategies like call options and bull call spreads amid rising geopolitical tensions and oil price weakness. – vtmarketsmy.com
Written on January 9, 2026 at 2:26 am
Categories: Live Updates
As the USD remains strong, the CAD struggles against it, with USD/CAD near a monthly high of 1.3875.
USD/CAD is nearing a one-month high as the US dollar strengthens, supported by robust US job growth. Meanwhile, Canada’s economy shows signs of cooling, creating trading opportunities amid diverging monetary policies. – vtmarketsmy.com
Written on January 9, 2026 at 1:26 am
Categories: Live Updates
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