Live Updates

The Bank of England cut interest rates to 3.75%, sparking predictions of further reductions despite high inflation. Strategies like buying straddles on GBP/USD may help traders profit from volatility ahead. – vtmarketsmy.com

Gold prices surged over $4,350, marking a 65% annual gain—its best since 1979. Factors like anticipated rate cuts and geopolitical tensions drive demand, but caution is advised due to potential market corrections. – vtmarketsmy.com

South Africa’s private sector credit rises to 7.79%, indicating economic growth. Meanwhile, gold prices soar amid anticipated US interest rate cuts, while the dollar remains strong, influencing forex and commodities. – vtmarketsmy.com

The European Central Bank holds interest rates steady as the Japanese Yen faces pressure from gradual policy shifts. Traders are eyeing the EUR/JPY for potential breakout opportunities in the coming weeks. – vtmarketsmy.com

GBP/USD hovers around 1.3460, showing mixed signals as it slips below its upward channel. Traders should prepare for potential moves, influenced by upcoming inflation reports and market sentiment shifts. – vtmarketsmy.com

Chinese President Xi Jinping’s new economic policies may boost demand for Australian exports, notably iron ore, potentially strengthening the Australian Dollar (AUD). Monitor the RBA’s interest rate decisions closely for market impact. – vtmarketsmy.com

The USD/JPY exchange rate nears 156.60 as a stronger US Dollar drives gains, despite dovish Fed signals. Traders eye opportunities, potentially profiting from the carry trade amid policy differences. – vtmarketsmy.com

Gold prices in Saudi Arabia fell slightly amid ongoing economic uncertainties. As central banks increase reserves and inflation persists, gold remains a favored investment, protecting against instability and currency depreciation. – vtmarketsmy.com

Gold prices in the Philippines remain stable at around 8,232 PHP per gram. Anticipated lower interest rates and ongoing central bank demand suggest potential future price increases in this precious metal. – vtmarketsmy.com

Gold prices have risen in the UAE, reaching 513.17 AED per gram, as a weak US Dollar and geopolitical uncertainty strengthen its safe-haven status. Strategies suggest bullish positioning for 2026. – vtmarketsmy.com