Live Updates

    7 November 2025
    Commerzbank: Recent data from China leads to a price correction in copper

    Copper prices have sharply corrected from over $11,000, revealing market adjustments amid steady production despite falling Chinese imports. Traders should adopt cautious strategies as demand weakens and volatility persists. – vtmarketsmy.com

    7 November 2025
    Inflows into gold ETFs continued in October, says Commerzbank analyst Carsten Fritsch and the Council.

    Gold ETFs saw record inflows in October, reaching a five-year high. Demand is shifting from Europe to North America and Asia, indicating growing support for gold prices. – vtmarketsmy.com

    7 November 2025
    In October, Canada’s unemployment rate dropped to 6.9% as employment increased by 66,600.

    Canada’s October job report surprised analysts with a lower unemployment rate and significant job gains, boosting the Canadian dollar against the USD and altering interest rate expectations from the Bank of Canada. – vtmarketsmy.com

    7 November 2025
    Canada’s employment change surpassed expectations with an increase of 66,600 jobs.

    Canada’s job market flourished with 66,600 new roles in October, defying forecasts. In contrast, a weakening US Dollar impacts gold prices and cryptocurrencies, urging cautious investment strategies amidst economic uncertainty. – vtmarketsmy.com

    7 November 2025
    Participation rate in Canada rises from 65.2% to 65.3%

    Canada’s participation rate rose to 65.3%, signaling stronger labor engagement. Currency fluctuations affect markets, particularly the USD’s decline. Opportunities in gold and Dogecoin present potential for traders. Invest carefully! – vtmarketsmy.com

    7 November 2025
    Canada’s actual unemployment rate is 6.9%, lower than the expected 7.1%

    Canada’s unemployment dropped to 6.9%, surprising economists, as the US markets falter. Gold prices soar near $4,000, and Dogecoin prepares for a potential ETF launch, creating trading opportunities. – vtmarketsmy.com

    7 November 2025
    Libya plans to increase oil production, reports commodity analyst Carsten Fritsch from Commerzbank

    Libya plans to boost oil production to 1.6 million barrels per day, potentially impacting global oil prices. With political stability improving, traders might consider strategies to hedge against unexpected supply disruptions. – vtmarketsmy.com

    7 November 2025
    Carsten Fritsch of Commerzbank notes that US sanctions impact Russian crude oil exports.

    US sanctions have cut Russian crude oil exports by 20%, causing a price surge. With Russia storing 380 million barrels, market volatility is expected as they may adapt to new buyers. – vtmarketsmy.com

    7 November 2025
    The GBP/JPY pair hovers around 200.75, experiencing downward pressure as bulls defend the 200.00 level.

    GBP/JPY is testing critical support at 200.00, facing potential further declines. Traders might consider strategies like buying puts or a long straddle due to expected volatility. Insightful market movements ahead! – vtmarketsmy.com

    7 November 2025
    Russian Central Bank reserves fall to $725.8 billion from $731.2 billion

    Gold trades steadily around $4,000, buoyed by a weak US dollar and declining yields. Dogecoin gains traction with a potential ETF. Investors should proceed cautiously amid ongoing market volatility. – vtmarketsmy.com

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