Live Updates

    7 November 2025
    Canada’s actual unemployment rate is 6.9%, lower than the expected 7.1%

    Canada’s unemployment dropped to 6.9%, surprising economists, as the US markets falter. Gold prices soar near $4,000, and Dogecoin prepares for a potential ETF launch, creating trading opportunities. – vtmarketsmy.com

    7 November 2025
    Libya plans to increase oil production, reports commodity analyst Carsten Fritsch from Commerzbank

    Libya plans to boost oil production to 1.6 million barrels per day, potentially impacting global oil prices. With political stability improving, traders might consider strategies to hedge against unexpected supply disruptions. – vtmarketsmy.com

    7 November 2025
    Carsten Fritsch of Commerzbank notes that US sanctions impact Russian crude oil exports.

    US sanctions have cut Russian crude oil exports by 20%, causing a price surge. With Russia storing 380 million barrels, market volatility is expected as they may adapt to new buyers. – vtmarketsmy.com

    7 November 2025
    The GBP/JPY pair hovers around 200.75, experiencing downward pressure as bulls defend the 200.00 level.

    GBP/JPY is testing critical support at 200.00, facing potential further declines. Traders might consider strategies like buying puts or a long straddle due to expected volatility. Insightful market movements ahead! – vtmarketsmy.com

    7 November 2025
    Russian Central Bank reserves fall to $725.8 billion from $731.2 billion

    Gold trades steadily around $4,000, buoyed by a weak US dollar and declining yields. Dogecoin gains traction with a potential ETF. Investors should proceed cautiously amid ongoing market volatility. – vtmarketsmy.com

    7 November 2025
    The Bank of England keeps rates at 4.0%, showing divisions in the Monetary Policy Committee

    The Bank of England maintained interest rates at 4.0% but hints at a potential December cut. A cautious stance amid mixed inflation signals may influence GBP/USD trading strategies ahead. – vtmarketsmy.com

    7 November 2025
    The Euro rebounds to 1.1550 against the Dollar as consumer sentiment news weakens the Dollar

    EUR/USD rebounds to 1.1550 amid mixed Eurozone data and US job declines. Market volatility spikes as uncertainties grow, with key levels to watch for potential trades following upcoming sentiment reports. – vtmarketsmy.com

    7 November 2025
    US Dollar weakens after reaching 153.50, causing USD/JPY to drop to 152.85

    The US Dollar hits a weekly low near 152.85, influenced by weak consumer sentiment and sluggish job growth. Traders may capitalize on limited upside for USD/JPY amid mixed economic signals. – vtmarketsmy.com

    7 November 2025
    Philip Jefferson advises caution on additional rate cuts as the Fed approaches a neutral policy stance

    The Federal Reserve is adopting a cautious approach to interest rate cuts, signaling a stable dollar but potential challenges for gold prices. Economic uncertainties could shift their stance unexpectedly. – vtmarketsmy.com

    7 November 2025
    In October, Mexico’s core inflation exceeded expectations with a rate of 0.29%

    Mexico’s inflation edged up to 0.29%, sparking concerns. Meanwhile, US consumer sentiment dropped significantly, affecting the dollar as gold prices soared, and Dogecoin awaits a potential ETF launch. – vtmarketsmy.com

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