Live Updates

China’s October trade balance is set to widen, impacting the Australian Dollar. Strong results could bolster the AUD against the US Dollar, driven by iron ore prices and global demand. – vtmarketsmy.com

GBP/USD is rebounding to 1.31 as the Pound strengthens amid potential Bank of England rate cuts, despite high inflation. Market volatility is rising, creating opportunities for savvy traders. – vtmarketsmy.com

Gold prices are nearing $4,000 due to a prolonged US government shutdown and rising demand for safe-haven assets. Weaker jobs and currency trends enhance market volatility, presenting trading opportunities. – vtmarketsmy.com

Foreign investment in Japanese stocks plunged to ¥690.1 billion, signaling diminished interest from international investors. This shift affects currency markets, gold, and derivative trading strategies amidst rising global uncertainty. – vtmarketsmy.com

Japan’s household spending growth of 1.8% in September disappoints, signaling consumer caution and reinforcing a dovish monetary policy. This may support a weaker yen and boost export-driven equities. – vtmarketsmy.com

St. Louis Fed President Alberto Musalem warns of rising inflation risks despite a resilient economy. The job market softens as inflation persists, highlighting the tension between employment and price stability. – vtmarketsmy.com

The USD/JPY pair drops to 153.05, pressured by a prolonged US government shutdown and rising job cuts. As the Yen regains safe-haven status, traders may profit from falling USD/JPY rates. – vtmarketsmy.com

The Canadian Dollar weakens against the US Dollar amid declining economic indicators, including a disappointing Ivey PMI. Traders anticipate further USD/CAD movement, with oil prices heavily influencing CAD’s value. – vtmarketsmy.com

The US Dollar Index fell as job cuts raise expectations for a Fed rate cut, boosting the EUR/USD. Derivative traders should consider bullish strategies for potential profit and hedging. – vtmarketsmy.com

The Dow Jones fell 400 points amid a sell-off of AI tech stocks and a historic government shutdown, prompting volatility and creating trading opportunities. Traders should consider hedging strategies as uncertainty looms. – vtmarketsmy.com