Live Updates

This week, focus on the Federal Reserve’s meeting minutes and anticipate currency volatility. Gold’s recent drop presents buying opportunities amid strong central bank demand, while UK inflation diverges from US rates. – vtmarketsmy.com

GBP/USD hovers around 1.3490 as the Fed and BoE adopt diverging rate policies. With UK inflation still high and U.S. rate cut expectations rising, potential opportunities arise for traders. – vtmarketsmy.com

NIO Inc.’s stock has dropped over 30% since November. Currently in consolidation, it faces resistance at $5.39. A break could signal recovery, while failure might lead to another downturn towards $4.28. – vtmarketsmy.com

ConAgra Brands (CAG) is at a pivotal technical juncture after 40 years, with a strong dividend yield. Strategies like selling puts and bull call spreads could capitalize on anticipated volatility and recovery. – vtmarketsmy.com

Natural gas storage in the U.S. shows stability with a slight draw. Meanwhile, gold prices hover above $4,300. Market volatility is low ahead of pivotal Federal Reserve minutes, influencing trading strategies. – vtmarketsmy.com

US equities face low trading volumes near record highs, with cautious market sentiment ahead of the Fed meeting minutes. Potential rate cuts loom, prompting strategic volatility plays amidst a weak tech sector. – vtmarketsmy.com

The Canadian Dollar remains stable against the US Dollar as year-end trading slows. With interest rate dynamics and steady oil prices influencing the market, traders should prepare for possible CAD strength ahead. – vtmarketsmy.com

The Pound Sterling remains stable around 1.3500 against the US Dollar, with expected monetary policy divergence set to influence future movements. Traders should prepare for potential volatility in January. – vtmarketsmy.com

Gold prices fell 4.5% to $4,330 as profit-taking and a stronger US Dollar emerged, yet ongoing geopolitical tensions and central bank support keep long-term demand robust. A bullish outlook persists. – vtmarketsmy.com

The Dallas Fed’s Manufacturing Index fell to -10.9, indicating continued contraction in manufacturing, raising concerns of an economic slowdown. Investors may consider defensive strategies to mitigate risks in industrial sectors. – vtmarketsmy.com