Live Updates

China’s manufacturing slowdown signals weaker demand for Australian exports, threatening the AUD’s stability. Traders should consider hedging strategies, with historical trends suggesting potential declines in the coming months. – vtmarketsmy.com

China’s manufacturing PMI for November fell to 49.9, indicating a contraction. This downturn suggests economic weakness, presenting trading opportunities in commodities and currencies, particularly for those exposed to Chinese demand. – vtmarketsmy.com

EUR/USD gains momentum as US dollar weakness drives the pair above 1.1600, influenced by Federal Reserve rate cut expectations and a resilient Eurozone economy. Traders eye potential upward movement ahead. – vtmarketsmy.com

The Bank of Japan may raise interest rates if economic trends continue positively. With inflation above target and wage growth strong, expect a potential yen appreciation and new trading strategies. – vtmarketsmy.com

The People’s Bank of China set the yuan’s reference rate at 7.0759, showing a managed approach to currency stability amid economic recovery and external challenges, suggesting traders focus on low-volatility strategies. – vtmarketsmy.com

Ireland’s Manufacturing PMI rose to 52.8 in November, signaling growth and improved conditions. This trend boosts economic optimism, suggesting potential benefits for Irish assets and currency traders ahead of 2026. – vtmarketsmy.com

Gold prices soar to $4,230 as traders anticipate a December interest rate cut by the Fed. Central bank demand boosts stability, but peace talks may affect its safe-haven appeal. – vtmarketsmy.com

The AUD/USD stabilizes around mid-0.6500s, supported by differing policies from the Fed and RBA despite weak Chinese PMI data. Key resistance ahead is near 0.6650, as traders await US economic data. – vtmarketsmy.com

ANZ job ads in Australia show a slowing decline, increasing hope for job market recovery. Meanwhile, silver and gold prices surge, driven by a weak US dollar and rate cut expectations. – vtmarketsmy.com

Australia’s stagnant profit growth contrasts sharply with soaring gold prices, fueled by expected US rate cuts. Economic indicators and market trends imply both opportunities and risks for traders navigating volatile conditions. – vtmarketsmy.com