Live Updates

Sweden’s Riksbank keeps interest rates at 1.75%, while gold prices rise amid market uncertainty. Traders brace for crucial US job data, impacting currency movements and financial decisions. – vtmarketsmy.com

Gold prices spike to $3,970 amid global equity sell-offs, driven by safe-haven demand and geopolitical concerns. Watch out for market volatility as the US government shutdown complicates economic data access. – vtmarketsmy.com

Spain’s Services PMI surged to 56.6, yet the EUR/USD struggles as dollar strength prevails amidst US political uncertainty. Traders should consider volatility strategies to navigate this turbulent market. – vtmarketsmy.com

The USD/CHF pair dips below 0.8100 amid a prolonged US government shutdown, providing a lucrative options trading opportunity. Speculation on interest rates looms as volatility escalates, hinting at future price swings. – vtmarketsmy.com

Singapore’s retail sales dropped to -1.4%, hinting at changing consumer behavior. With global economic shifts and currency fluctuations, traders should stay alert to market volatility and potential opportunities. – vtmarketsmy.com

The US Dollar Index fell to 100.15 due to the longest government shutdown in history, reducing the likelihood of interest rate cuts and increasing currency volatility. Traders may need to adjust strategies. – vtmarketsmy.com

China plans to lift tariffs on US agricultural goods starting November 10th, signaling a potential easing of trade tensions. This move may boost soybean prices and provide short-term trading opportunities. – vtmarketsmy.com

The USD/INR exchange rate remains above 88.50 amid subdued activity due to a bank holiday. The prolonged US government shutdown impacts the dollar, while the Indian Rupee faces foreign fund outflows. – vtmarketsmy.com

USD/CAD hits a seven-month high as falling oil prices weaken the Canadian Dollar. Despite a US government shutdown, a hawkish Fed supports the USD, forecasting a continued upward trend for the pair. – vtmarketsmy.com

WTI crude oil prices dipped to $60 amid rising US inventories and geopolitical tensions. While high stockpiles suggest weakening demand, conflicts in the Middle East could support prices. Volatility remains heightened. – vtmarketsmy.com