Live Updates

Canada’s retail sales surged 1.3% in November, indicating stronger consumer spending than expected. This economic resilience suggests heightened interest rates may persist, influencing currency and market strategies moving forward. – vtmarketsmy.com

The Euro weakens against a robust British Pound, driven by strong UK economic indicators and Bank of England caution. Opportunities for trading EUR/GBP decline emerge amid potential inflation shifts. – vtmarketsmy.com

Raytheon Technologies (RTX) aims for significant growth amidst rising geopolitical tensions and increased defense spending. Technical analysis predicts a breakout toward $222, suggesting strategic buy opportunities during pullbacks. – vtmarketsmy.com

Russia’s foreign trade has sharply decreased, dropping from $11.143 billion to $6.795 billion amid geopolitical tensions. Meanwhile, precious metals surge as the dollar weakens, signaling market volatility. – vtmarketsmy.com

The Pound Sterling strengthens to 1.3536 against the US Dollar fueled by positive UK economic data. With resistance at 1.3570, traders are eyeing strategies for potential movements. – vtmarketsmy.com

Strained EU-US relations are influencing the EUR/USD dynamics more than economic fundamentals. Political sentiment prevails, driving currency volatility and suggesting caution for dollar recovery bets. Consider buying EUR/USD call options for potential gains. – vtmarketsmy.com

The US S&P Global PMI data due today is expected to show economic growth, which may boost the USD. EUR/USD is in a tight range, indicating a potential breakout. – vtmarketsmy.com

Gold prices are hovering around $4,915, supported by a weaker US Dollar and geopolitical tensions. With bullish trends and strategic options like cash-secured puts, there’s potential for further gains ahead. – vtmarketsmy.com

Nasdaq Futures rebounded near 25051 but struggle against resistance at 26036. Market dynamics favor a balanced approach, emphasizing trading strategies around defined levels until a significant breakout occurs. – vtmarketsmy.com

India’s bank loan growth has slowed to 12.8%, signaling potential market volatility amid economic challenges. Traders should adopt strategies like long straddles and put options to navigate uncertainty effectively. – vtmarketsmy.com