Live Updates

The NFIB Business Optimism Index dropped to 98.8, suggesting small businesses are wary. Meanwhile, global markets face anxiety over economic conditions, leading to cautious trading and interest rate cut anticipation. – vtmarketsmy.com

China’s crude oil imports remain robust, hitting 11.5 million barrels per day in September, but dependency on reserve purchases raises concerns about fragile demand. Market volatility may follow as global growth slows. – vtmarketsmy.com

The Euro’s dip below 1.1540 seems unlikely, with surprising inflation data boosting its potential. Traders should watch for a breakout above 1.1645, indicating a shift in market sentiment. – vtmarketsmy.com

The US Dollar is struggling against a backdrop of rising trade tensions with China and political turmoil in Japan, pushing it near 152.00. Don’t miss potential trading opportunities amid this volatility! – vtmarketsmy.com

The USD/KRW pair has gained momentum, surpassing the 200-day moving average. With anticipated resistance at 1,445 and 1,454/1,457, support remains near 1,410/1,400, favoring potential upward strategies. – vtmarketsmy.com

Silver prices dropped to $51.64 per ounce, down 1.31%, after a 78.73% increase this year. The rising Gold/Silver ratio indicates a potential undervaluation of silver amidst economic volatility. – vtmarketsmy.com

South Africa’s Business Confidence Index surged to 121.1 in August, signaling positive sentiment amidst global market fluctuations. Opportunities arise for traders in forex and crypto as institutional interest grows. – vtmarketsmy.com

Germany’s economic indicators signal trouble as the ZEW Survey shows a significant decline in current conditions. With a bearish outlook for EUR/USD, consider options trading strategies to navigate the market’s volatility. – vtmarketsmy.com

Germany’s ZEW Economic Sentiment index dropped to -80, signaling a bleak economic outlook. This decline may weaken the euro and affect the DAX, prompting strategies like buying put options and long Bund futures. – vtmarketsmy.com

Gold and silver prices surge to record highs due to strong fund inflows and geopolitical tensions. With ETFs growing and volatility rising, traders must navigate risks and opportunities in this bullish market. – vtmarketsmy.com