Live Updates

U.S. markets soared pre-Thanksgiving, marking their best performance since May, driven by thin trading volumes and optimism. Caution remains as gains might reverse with returning liquidity. – vtmarketsmy.com

The UK budget modestly boosted the Pound, easing some fiscal pressures. However, the Bank of England may cut rates soon, pushing EUR/GBP higher—potentially making this a strategic trading opportunity. – vtmarketsmy.com

Silver surged to $53.41, up nearly 85% this year, driven by industrial demand and a weakening dollar. Caution is advised as sharp gains may lead to corrections soon. – vtmarketsmy.com

Chinese silver stocks hit a decade low as exports soar to alleviate supply pressures. Immediate demand exceeds supply, signaling potential price spikes. Traders should consider long positions on silver futures for profit. – vtmarketsmy.com

South Africa’s Producer Price Index remains at -0.1%, indicating no inflation in manufacturing. Analysts warn of potential economic slowdown, urging close monitoring of trends and their impact on the Rand. – vtmarketsmy.com

Portugal’s consumer confidence improved slightly in November, while markets anticipate a Federal Reserve rate cut. Gold remains steady, and Cardano shows potential recovery, indicating cautious optimism among traders. – vtmarketsmy.com

Portugal’s business confidence rises to 3 amid economic shifts. Meanwhile, gold prices remain strong, and Cardano shows promise. Investors should navigate fluctuating markets with caution as volatility looms ahead. – vtmarketsmy.com

South Africa’s producer prices rose to 2.9%, hinting at renewed inflation and potential interest rate hikes. This shift could strengthen the rand against a weakening US dollar, creating lucrative trading opportunities. – vtmarketsmy.com

A leaked UK budget eased market fears with balanced growth and tax hikes. While short-term reactions are positive, long-term spending delays could create future fiscal challenges. Monitor upcoming credit ratings closely! – vtmarketsmy.com

Silver’s price exceeds $54, bolstered by a weaker US Dollar and anticipated Federal Reserve rate cuts. With strong industrial demand, the market envisions further gains, making current dips potential buying opportunities. – vtmarketsmy.com