Live Updates

The GDT Price Index in New Zealand surged 6.3%, reversing a previous decline, signaling potential dairy market changes and impacting the NZ dollar. Traders should consider this bullish development for future strategies. – vtmarketsmy.com

Copper prices soared over $13,000 per ton due to a strike in Chile and potential US tariffs. Traders should consider call options and spread trades amid ongoing supply concerns and market uncertainties. – vtmarketsmy.com

Gold prices surged to about $4,470 following geopolitical tensions in Venezuela, driven by demand for safe-haven assets and speculation of Federal Reserve rate cuts, presenting potential buying opportunities amid market volatility. – vtmarketsmy.com

The Canadian Dollar faces challenges from low oil prices and a strong US Dollar. With weakening labor data, rate cuts may be imminent, favoring USD over CAD in the coming weeks. – vtmarketsmy.com

EUR/USD dips to 1.1710 amid disappointing Eurozone data and lower German inflation, increasing economic growth concerns. In contrast, the resilient US labor market suggests continued demand for the dollar. Traders should strategize accordingly. – vtmarketsmy.com

Chevron’s stock surged over 5% on news of expanded operations in Venezuela, breaking a long-term downtrend. Traders eye a target of $177.35, but volatility and geopolitical risks persist. – vtmarketsmy.com

Kraft Heinz’s stock is down 18% since July, but a potential breakout above a key trendline could signal a change. Two trading strategies may capitalize on this shift. Keep an eye on upcoming earnings! – vtmarketsmy.com

The Pound Sterling has dipped against the US Dollar, settling near 1.3520. Short-term predictions suggest a minor recovery towards 1.3560, but significant gains beyond 1.3590 seem unlikely. – vtmarketsmy.com

The US service sector shows slight growth slowing, affecting market outlook. Strong dollar trends, gold stability, and mixed crypto signals prompt cautious strategies. Prepare for potential market consolidation and volatility. – vtmarketsmy.com

The US Composite PMI dips to 52.7, signaling slowed growth. Market shifts suggest potential Fed rate cuts and increased volatility ahead. Precious metals soar, prompting strategies for safeguarding investments. – vtmarketsmy.com