Live Updates

Bank Nifty’s recent bearish trend signals potential market declines, with 58,278 as critical support. Traders should monitor this level closely and consider hedging strategies to manage risks effectively. – vtmarketsmy.com

The American Funds Growth Fund of America (GFACX) targets large-cap growth stocks but shows higher volatility and lower-than-benchmark returns. Traders should consider hedging strategies in light of upcoming market uncertainty. – vtmarketsmy.com

Canada’s raw material prices unexpectedly rose by 0.5%, influencing market dynamics alongside geopolitical tensions over Greenland. Investors should consider options on gold and protective measures for cryptocurrencies. – vtmarketsmy.com

Canada’s industrial prices dropped 0.6%, contrary to forecasts, while gold surged to $4,900 amid geopolitical tensions. The forex market reacts as investors brace for volatility and weakened crypto demand. – vtmarketsmy.com

The Federal Reserve is expected to keep interest rates steady at 3.50%-3.75% in January, amid strong economic growth and inflation concerns. Rate cuts may occur later this year as volatility rises. – vtmarketsmy.com

The EUR/USD is near three-week highs at 1.1728 amid weak US dollar conditions ahead of Trump’s Davos speech. Traders should prepare for volatility as geopolitical tensions impact currency movements. – vtmarketsmy.com

Exxon Mobil’s stock is set for further gains after a recent bounce from a key support area. Traders should consider buying call options or selling puts to capitalize on this upward momentum. – vtmarketsmy.com

The Australian and New Zealand dollars are influenced by global growth and commodity ties. Upcoming central bank meetings may lead to short-term dips, offering a buying opportunity for savvy investors. – vtmarketsmy.com

Gold prices have soared to nearly $4,900 amid market turmoil and a weakening US dollar, compelling investors toward safe havens. Caution is advised due to overbought market conditions and potential corrections. – vtmarketsmy.com

EUR/USD is trending lower around 1.0950, amid ECB’s potential for rate cuts. Traders are advised to adopt bearish strategies like buying put options, as volatility remains low. – vtmarketsmy.com