Live Updates

WTI oil prices rose to $59.30 after OPEC+ froze production increases. Geopolitical tensions and potential US sanctions on Russia and Venezuela threaten supply, impacting market volatility and future price strategies. – vtmarketsmy.com

EUR/USD is near two-week highs as mixed PMI data creates uncertainty. Traders anticipate a potential rate cut from the Fed, with the Dollar under pressure while awaiting upcoming economic reports. – vtmarketsmy.com

GBP/USD rose 0.20% to 1.3250 amid expectations of a Federal Reserve rate cut next week. The UK economy faces challenges, prompting cautious trading strategies to manage risks. – vtmarketsmy.com

The GBP/USD rate climbs, supported by weak US manufacturing data suggesting a Federal Reserve rate cut. With both banks facing pressure, volatility rises, making it a crucial trading week. – vtmarketsmy.com

The upcoming Labour Force Survey will reveal whether recent Canadian job gains are genuine or mere anomalies. Weak hiring hints at recession, while fast wage growth complicates Bank of Canada’s rate strategy. – vtmarketsmy.com

The US manufacturing sector contracts as ISM PMI drops to 48.2, fueling speculation for rate cuts. Traders should consider options on EUR/USD and gold to hedge against dollar weakness amid inflation concerns. – vtmarketsmy.com

November’s ISM Manufacturing PMI fell to 48.2, signaling ongoing sector contraction. This trend suggests a potential Fed rate cut, pressuring corporate earnings and the U.S. dollar, presenting trading opportunities. – vtmarketsmy.com

In November, the ISM manufacturing prices index dropped to 58.5, below expectations, indicating easing inflation. This shift could lead to lower interest rates, bullish opportunities in equity markets, and a weaker U.S. dollar. – vtmarketsmy.com

The US manufacturing sector struggles as employment dips to 44, stirring fears in equity markets. Gold rises on rate cut speculation, while trading strategies suggest hedging against a weaker dollar. – vtmarketsmy.com

Manufacturing downturn signals economic concerns as the ISM index drops to 47.4. Dow struggles amidst fears of AI losses, while gold rises amid Fed rate cut expectations. Market trends shift. – vtmarketsmy.com