Live Updates

Oil prices rise 1.7% to $59.30 as OPEC+ halts supply increases amid U.S. peace efforts between Russia and Ukraine. Future price movements hinge on inventory reports and potential Federal Reserve rate cuts. – vtmarketsmy.com

Silver prices surged to an all-time high of $57.60, driven by Comex outages and potential Fed rate cuts. However, overbought conditions may lead to consolidation before further gains. – vtmarketsmy.com

The RBNZ’s recent rate cut concludes its easing cycle, boosting the NZD against a weakening US Dollar. Market focus shifts to diverging central bank policies, favoring a bullish NZD/USD outlook. – vtmarketsmy.com

GBP/USD hovers at 1.3245 as the UK’s Autumn Budget and potential Fed rate cuts shape market sentiment. With an 87% chance of a cut, consider buying GBP options for potential gains. – vtmarketsmy.com

China’s manufacturing slowdown signals weaker demand for Australian exports, threatening the AUD’s stability. Traders should consider hedging strategies, with historical trends suggesting potential declines in the coming months. – vtmarketsmy.com

China’s manufacturing PMI for November fell to 49.9, indicating a contraction. This downturn suggests economic weakness, presenting trading opportunities in commodities and currencies, particularly for those exposed to Chinese demand. – vtmarketsmy.com

EUR/USD gains momentum as US dollar weakness drives the pair above 1.1600, influenced by Federal Reserve rate cut expectations and a resilient Eurozone economy. Traders eye potential upward movement ahead. – vtmarketsmy.com

The Bank of Japan may raise interest rates if economic trends continue positively. With inflation above target and wage growth strong, expect a potential yen appreciation and new trading strategies. – vtmarketsmy.com

The People’s Bank of China set the yuan’s reference rate at 7.0759, showing a managed approach to currency stability amid economic recovery and external challenges, suggesting traders focus on low-volatility strategies. – vtmarketsmy.com

Ireland’s Manufacturing PMI rose to 52.8 in November, signaling growth and improved conditions. This trend boosts economic optimism, suggesting potential benefits for Irish assets and currency traders ahead of 2026. – vtmarketsmy.com