Live Updates

The Canadian Dollar strengthens as GDP surprises and oil prices rise, while the US Dollar struggles below 1.4000. Traders may benefit from strategies betting on USD/CAD’s decline. – vtmarketsmy.com

The New Zealand Dollar is strong against the US Dollar, bolstered by diverging central bank policies. Despite weak Chinese manufacturing data, traders favor the Kiwi as US rate cuts loom. – vtmarketsmy.com

France’s Manufacturing PMI for November stands at 47.8, indicating continued contraction. This suggests economic weakness persists, raising concerns about broader Eurozone recovery and creating potential trading opportunities amidst falling Euro expectations. – vtmarketsmy.com

Italy’s manufacturing sector shows stability as the PMI hits 50.6, while the weakened dollar boosts gold and silver. Cryptos drop over 4%, creating volatility amid cautious market sentiment. – vtmarketsmy.com

Japan’s capital spending grows 2.9%, indicating modest growth. The yen strengthens amid expected interest rate hikes, while the USD weakens, prompting strategies to trade the USD/JPY pair. – vtmarketsmy.com

Japan’s government urges faster Bank of Japan action on inflation, focusing on wage growth. As the USD/JPY drops, more interest rate hikes seem likely, influencing currency and stock strategies. – vtmarketsmy.com

Spain’s Manufacturing PMI missed estimates, while the USD strengthens as investors exit India’s stock market. Gold rises amid a weaker dollar, but cryptocurrencies face sharp declines, signaling potential market volatility ahead. – vtmarketsmy.com

The Euro rebounds against a weak British Pound, targeting resistance at 0.8795. With the Pound’s rally fading and mixed economic signals, traders might seize short-term Euro gains ahead. – vtmarketsmy.com

Austria’s unemployment rate remains steady at 7.2%, reflecting economic stagnation and influencing future labor policies. This stability hints at subdued volatility in the markets and bearish sentiment on the Euro. – vtmarketsmy.com

Gold prices in Saudi Arabia rose, reflecting a trend fueled by central banks increasing reserves and geopolitical instability. This signals potential market caution and opportunities for strategic investments. – vtmarketsmy.com