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USD/CAD rises above 1.3850 for five days as concerns over Canadian oil demand persist
USD/CAD rises to 1.3860 as the Canadian Dollar weakens amidst potential Venezuelan oil imports. Strong domestic economic indicators suggest resilience, while impending US jobs data could amplify volatility. – vtmarketsmy.com
Written on January 8, 2026 at 6:26 am
Categories: Live Updates
WTI crude oil benchmark trades around $56.30 after bigger-than-expected inventory drop
WTI oil prices surged to $56.30 after a surprising drop in U.S. crude stockpiles, indicating heightened demand. However, new Venezuelan oil imports and a strong dollar may limit future gains. – vtmarketsmy.com
Written on January 8, 2026 at 6:26 am
Categories: Live Updates
Andrew Hauser from the Reserve Bank of Australia says rate cuts are unlikely soon.
Australia’s RBA signals no imminent interest rate cuts, as inflation exceeds 3%. The AUD’s fate hinges on interest rates and iron ore prices, suggesting cautious trading strategies ahead of February’s meeting. – vtmarketsmy.com
Written on January 8, 2026 at 5:26 am
Categories: Live Updates
A zigzag Elliott Wave structure formed in wave (iv) after wave (iii) completed at 6945.77.
The S&P 500 is in its final upward wave from a formation starting in November 2025, with predicted pullbacks offering potential buying opportunities. Traders should hedge against possible reversals amid a strong dollar. – vtmarketsmy.com
Written on January 8, 2026 at 5:26 am
Categories: Live Updates
Foreign investment in Japanese stocks surged from a net outflow of ¥1 billion to a net inflow of ¥124.9 billion recently.
Foreign investment in Japanese stocks surged from a net outflow to an inflow of ¥124.9 billion in December, indicating growing confidence in Japan’s market amid economic recovery and potential central bank policy shifts. – vtmarketsmy.com
Written on January 8, 2026 at 5:26 am
Categories: Live Updates
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