Live Updates

The USD/JPY pair is declining due to increased yen demand, with support levels at 152.40. Weak US job data and a potential Bank of Japan shift may further impact currency movements. – vtmarketsmy.com

Italy’s retail sales dropped 0.5% in September, signaling consumer weakness. USD/JPY remains steady, while GBP/USD faces challenges from UK tax hints. Watch for US data to influence market volatility. – vtmarketsmy.com

Italy’s retail sales remained flat in September, reflecting market stabilization. Concurrently, economic indicators signal caution, with traders preparing for key US data amidst persistent inflation and interest rates concerns. – vtmarketsmy.com

The Eurozone’s services sector surprises with a PMI of 53, indicating growth and resilience. Investors eye opportunities in EUR/USD while bracing for US data volatility. Will this shift the narrative? – vtmarketsmy.com

Eurozone’s HCOB Composite PMI rose to 52.5, indicating growth. US economic strength contrasts with mixed employment signals and ongoing geopolitical risks, affecting EUR/USD near three-month lows and WTI oil prices. – vtmarketsmy.com

European natural gas prices are on the rise due to colder weather and reduced wind generation, with storage levels at 83%. Despite vulnerability, market speculation remains low, presenting potential trading opportunities. – vtmarketsmy.com

USD/CAD climbs for the fifth day, reaching 1.4110, driven by a bullish trend and strong US economic data. Caution is advised as RSI nears overbought levels, signaling possible corrections ahead. – vtmarketsmy.com

Germany’s Services PMI indicates sector growth, contrasting a weak US labor outlook. With changing central bank policies and China’s AI chip ban, traders should consider strategic options in currency and tech markets. – vtmarketsmy.com

Sweden’s Riksbank keeps interest rates at 1.75%, while gold prices rise amid market uncertainty. Traders brace for crucial US job data, impacting currency movements and financial decisions. – vtmarketsmy.com

Gold prices spike to $3,970 amid global equity sell-offs, driven by safe-haven demand and geopolitical concerns. Watch out for market volatility as the US government shutdown complicates economic data access. – vtmarketsmy.com