Live Updates

Silver prices soar above $56, fueled by strong industrial demand and a dovish Federal Reserve. With ongoing supply deficits, traders should adopt cautious bullish strategies to maximize potential gains. – vtmarketsmy.com

Oil prices are influenced by ongoing Russia-Ukraine negotiations and an upcoming OPEC+ meeting. A potential Federal Reserve rate cut is expected to support prices, creating trading opportunities for investors. – vtmarketsmy.com

Gold is set for a fourth monthly gain, buoyed by a potential Fed rate cut and geopolitical tensions. Central bank demand and improving market momentum suggest bullish opportunities ahead for traders. – vtmarketsmy.com

Canada’s Q3 economy saw surprising 2.6% growth driven by plummeting imports, masking weaknesses like declining consumer spending and stagnant investment amid persistent inflation. Caution advised for trading strategies ahead. – vtmarketsmy.com

The GBP/JPY pair remains stable at 206.70, amid Japan’s inflation pressures and expectations of a December BoJ rate hike, offering traders opportunities for strategic positioning amidst shifting monetary policies. – vtmarketsmy.com

GBP/USD dipped to 1.3220 but closed the week nearly 1% higher due to a weakening US dollar and expectations of a Federal Reserve rate cut in December. – vtmarketsmy.com

The GBP/USD pair is dropping to 1.3220 due to reduced liquidity, profit-taking, and expectations of a Fed rate cut, with forecasts indicating potential further declines below 1.3200. – vtmarketsmy.com

EUR/CAD dipped to 1.6180 as strong Canadian GDP data boosts the Loonie, contrasting with the Eurozone’s mixed economic signals. Expect further declines in EUR/CAD amid diverging monetary policies. – vtmarketsmy.com

Canada’s GDP grew 2.6% in Q3, surprising forecasts, boosting the Canadian Dollar (CAD), and increasing the likelihood of stable interest rates from the Bank of Canada. A strong economic outlook lies ahead. – vtmarketsmy.com

The S&P 500 remains bullish despite weak economic data, with gold rising above $4,200 and silver hitting record highs. Traders eye Federal Reserve actions, suggesting strategies for hedging and benefits from upward momentum. – vtmarketsmy.com