Live Updates

The US Dollar faces pressure from rising jobless claims and a weak labor market. Historically, December tends to weaken the dollar further, suggesting traders consider strategies for a potential decline. – vtmarketsmy.com

The Indian Rupee faces challenges, hitting 90.86 against the Dollar amid stalled US-India trade talks. Foreign investors withdraw funds, affecting market sentiment and sparking concerns over continued Rupee weakness. – vtmarketsmy.com

The UK’s economy shows signs of stagflation with a 0.1% growth decline, high inflation, and a rising trade deficit, prompting traders to strategize for market volatility and potential currency declines. – vtmarketsmy.com

Silver prices steady above $64 as a weakened US Dollar supports precious metals. Despite strong industrial demand and potential future gains, caution is advised due to overbought conditions and possible corrections. – vtmarketsmy.com

The Pound Sterling faces pressure after a surprise GDP contraction. With anticipated rate cuts from the Bank of England and upcoming crucial economic data, traders should consider strategic options positioning. – vtmarketsmy.com

The US Dollar weakened post-Federal Reserve meeting, influencing the Dollar Index near 98.00. Lower rate expectations and seasonal trends contribute to this decline, prompting strategic trading adjustments. – vtmarketsmy.com

The VanEck Semiconductor ETF (SMH) is on a bullish trend, possibly reaching $400. Optimistic market conditions, like cooled inflation and strong semiconductor sales, suggest further gains ahead for investors. – vtmarketsmy.com

The USD/CNH is falling as the US Dollar weakens and the CNY strengthens. With a strategic appreciation by China, traders may consider put options near key support levels for potential gains. – vtmarketsmy.com

The Nasdaq 100 is stabilizing after breaking a downtrend, but momentum is stalled near 25,890. Traders see potential for movement if it surpasses this resistance, with 25,200 as critical support. – vtmarketsmy.com

UK consumer inflation expectations dipped slightly to 3.5%, impacting the Bank of England’s policy. Meanwhile, gold prices soar towards record highs due to anticipated Fed rate cuts, making it an attractive investment. – vtmarketsmy.com