Live Updates

AUD/JPY hovers at 98.50, facing resistance at 99.50 amid geopolitical tensions boosting the Yen. A cautious trading strategy awaits potential pullbacks or volatility as market dynamics shift. – vtmarketsmy.com

Gold prices in Saudi Arabia rose sharply to over 503 SAR per gram, driven by a weaker dollar, central bank purchases, and geopolitical tensions. This trend offers opportunities for savvy investors. – vtmarketsmy.com

Gold prices in the Philippines rose significantly, influenced by a weakening US dollar and central bank demand. Investment strategies like call options are recommended to capitalize on potential price increases amid ongoing geopolitical tensions. – vtmarketsmy.com

Gold prices in Pakistan surged this Wednesday, with a gram priced at 37,806.84 PKR. Influenced by a declining dollar and dovish Fed signals, the market anticipates continued strength for gold. – vtmarketsmy.com

Gold prices in India rose to 11,880.98 INR per gram as Fed chair Powell’s dovish remarks and a weakening dollar bolster gold’s appeal. Watch for the CPI report on October 24! – vtmarketsmy.com

The US Dollar Index is poised for further decline below 99.00 due to a government shutdown, escalating trade tensions, and anticipated Federal Reserve rate cuts, signaling shifts in market dynamics. – vtmarketsmy.com

Japan’s industrial production declined 1.6% in August, indicating economic weakness. With faltering business confidence and slowing exports, consider buying put options on the Nikkei 225 and going long on USD/JPY. – vtmarketsmy.com

S&P Global Ratings affirms New Zealand’s strong ratings despite a GDP drop. Traders should consider protective options strategies as economic signals become mixed, potentially leading to a gradual decline in the NZD/USD pair. – vtmarketsmy.com

The USD/CAD falls below 1.4050 due to a dovish Federal Reserve and weakening oil prices, impacting the Canadian Dollar. Key economic indicators and strategies will dictate future currency movements. – vtmarketsmy.com

WTI crude oil hovers around $58 amidst oversupply concerns and US-China trade tensions. Anticipated Federal Reserve rate cuts may provide support, but volatility is expected; traders should consider protective strategies. – vtmarketsmy.com