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Budget concerns push GBP/USD to April lows as Chancellor Reeves hints at possible tax increases ahead
GBP/USD hits a low as UK tax hikes loom. With possible Bank of England rate cuts following the November 26 budget, expect increased volatility and further weakening of the pound. – vtmarketsmy.com
Written on November 4, 2025 at 2:57 pm
Categories: Live Updates
BP’s strong results still lead to a tepid response and falling shares
BP’s mixed financial results show rising profits but declining shares due to growing net debt and cautious market response. Upcoming asset divestments and management decisions will heavily impact future performance. – vtmarketsmy.com
Written on November 4, 2025 at 2:57 pm
Categories: Live Updates
The bond market stays stable as global stock markets fall, and the USD nears resistance levels.
The BBDXY index nears resistance levels as Wall Street warns of a potential 10% equity pullback. With steady bonds and declining stocks, traders eye volatility amid mixed Federal Reserve signals. – vtmarketsmy.com
Written on November 4, 2025 at 2:56 pm
Categories: Live Updates
NZD/USD drops to a seven-month low due to weak data from China and a hawkish Fed
The New Zealand Dollar hits a seven-month low at 0.5660, driven by weak Chinese manufacturing and a strong US dollar. Traders eye upcoming labor data for potential volatility. – vtmarketsmy.com
Written on November 4, 2025 at 2:56 pm
Categories: Live Updates
Spain’s six-month letras yield 1.944% in recent auction, up from 1.937%
Spain’s latest Letras auction reveals a yield rise to 1.944%. As the US Dollar strengthens, gold prices drop, while privacy cryptocurrencies surge. Market volatility persists, impacting currencies and commodities alike. – vtmarketsmy.com
Written on November 4, 2025 at 1:57 pm
Categories: Live Updates
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