Live Updates

December’s wage growth exceeded expectations at 3.8%, impacting currency markets and interest rates. With a strong dollar and stable gold, traders brace for volatility ahead of upcoming CPI data. – vtmarketsmy.com

Building permits in the US hit 1.412 million, exceeding expectations. The dollar strengthens, gold prices near $4,500, while cryptocurrencies struggle. Market movements may shift with the upcoming CPI report. – vtmarketsmy.com

In December, the US labor force participation rate dipped, affecting currency markets and gold prices, while investors anticipate a delay in Federal Reserve rate cuts, signaling potential volatility ahead. – vtmarketsmy.com

September saw a modest recovery in US housing starts and improvements in consumer sentiment, while Canada’s labor market remains uneven. Gold surges amid rising demand, highlighting inflation concerns. – vtmarketsmy.com

The US Dollar strengthens despite mixed labor data, impacting GBP/USD and pushing gold prices near yearly highs. Rising volatility ahead of the CPI release prompts strategic trading shifts in currencies and crypto. – vtmarketsmy.com

The British Pound is rising against the Japanese Yen amid escalating Japan-China tensions. With rare earth export restrictions impacting Japan’s economy, traders should consider strategies to profit from a potentially weaker Yen. – vtmarketsmy.com

China’s inflation data reveals mixed signals: while headline CPI rises, deflation persists. The stable USD/CNH below 7.0000 hints at potential currency-driven consumer spending boosts, despite weak demand overall. – vtmarketsmy.com

U.S. plans to purchase Venezuelan oil could oversupply the market, impacting prices and causing shifts in trade dynamics, as China seeks alternative suppliers. Watch for WTI futures trading opportunities near resistance. – vtmarketsmy.com

The Canadian Dollar faces pressure at 1.3900 as anticipated job losses loom. Traders can capitalize on volatility ahead of today’s labor report, while a hawkish Bank of Canada may stabilize the CAD. – vtmarketsmy.com

Canada’s unemployment rose to 6.8% in December, exceeding expectations. Wage growth slowed, raising concerns about the economy and the potential for rate cuts by the Bank of Canada. – vtmarketsmy.com