Live Updates

Singapore’s foreign reserves dropped to $392.2 billion, while global currencies like GBP and EUR fell amid uncertainty. Gold remains strong at $4,000; Dogecoin surges ahead of a potential ETF launch. – vtmarketsmy.com

The Pound strengthens against the weak Yen but struggles at the 201.40 level due to economic uncertainties. Traders may consider options strategies for potential volatility ahead of key central bank meetings. – vtmarketsmy.com

Gold remains resilient above $4,000 amid U.S. economic turmoil and a prolonged government shutdown. With potential Fed rate cuts on the horizon, traders eye bullish strategies targeting $4,100. – vtmarketsmy.com

China’s gold reserves rose to 74.09 million ounces in October, reflecting a growing trend among central banks to diversify assets amid economic uncertainty, as gold prices and market dynamics evolve. – vtmarketsmy.com

WTI oil prices are driven by supply and demand dynamics, geopolitical risks, and OPEC+ decisions. A recent inventory drop heightened demand expectations, while an upcoming meeting may impact future pricing volatility. – vtmarketsmy.com

US Dollar stabilizes after job cuts trigger market concerns. Focus shifts to upcoming Canadian labor data and US consumer sentiment. Volatility expected amid Fed policy dilemmas and persistent inflation fears. – vtmarketsmy.com

Germany’s exports rose 1.4% in September, defying expectations and indicating Eurozone resilience. Amid market fluctuations, gold holds above $4,000, while traders eye volatile opportunities in currencies and Dogecoin. – vtmarketsmy.com

In October, UK house prices unexpectedly rose 0.6%, challenging the Bank of England’s dovish stance. As the Euro struggles and inflation remains high, market volatility is anticipated. – vtmarketsmy.com

WTI Crude Oil briefly rebounded during the Asian session but remains under $60, indicating bearish trends. Upcoming economic indicators and OPEC+ decisions could weaken demand, suggesting further price declines ahead. – vtmarketsmy.com

GBP/USD has dipped to 1.3120 after the Bank of England maintains rates at 4%, hinting at potential cuts ahead. Traders should consider strategies to capitalize on the Pound’s decline. – vtmarketsmy.com