Live Updates

Canadian Prime Minister demands Anglo American relocate to approve Teck Resources merger, but political hurdles loom. With a challenging QB2 project and regulatory concerns, uncertainty surrounds Teck’s future. Hedge now! – vtmarketsmy.com

The EURUSD targets 1.1779, influenced by weak US data. With support at 1.1730, traders may consider call options or an iron condor strategy, anticipating volatility from upcoming economic reports. – vtmarketsmy.com

WTI crude oil prices rose to $63.30 as OPEC+ extends production cuts, tightening supply while demand strengthens. Traders eye critical levels, with bullish strategies favored amidst evolving market dynamics. – vtmarketsmy.com

NZDUSD is fluctuating around the 100-day moving average of 0.5959. A rise above this level could signal bullish trades, while a drop may invite sellers. Keep an eye on key resistance levels! – vtmarketsmy.com

Cameco shares hit record highs as the U.S. boosts uranium reserves to meet rising green energy demands. Despite this surge, spot prices remain low, presenting potential opportunities for cautious traders. – vtmarketsmy.com

Foreign investors are buying US tech stocks while hedging against the weak dollar. With the Fed likely to cut rates soon, traders have an unusual opportunity to profit from this market dynamic. – vtmarketsmy.com

RBC believes the Bank of Canada will hold interest rates steady despite market expectations of a cut, citing economic resilience. This could present unique trading opportunities amid market volatility. – vtmarketsmy.com

Alphabet’s stock surged 3.28%, highlighting strong bullish trends since July’s earnings, with a 77% rise since April. Key support lies between $224-$230; traders should consider options for managing risk. – vtmarketsmy.com

European stock markets rose, led by Spain and Italy’s strong performance. Gold hit a record high, while Bitcoin dipped. Analysts suggest portfolio strategies to leverage these trends amid changing U.S. interest rates. – vtmarketsmy.com

Gold prices soar amid dovish US monetary policy and weak economic indicators, fueled by global uncertainties like the Ukraine conflict. Traders should consider options for potential gains in this volatile environment. – vtmarketsmy.com