Live Updates

South Africa’s retail sales rose from 2.9% to 3.5% in November, indicating stronger consumer spending. This trend could impact the Reserve Bank’s decisions and signal positive momentum for domestic stocks. – vtmarketsmy.com

The Australian Dollar (AUD) is expected to trade between 0.6700 and 0.6745 short-term, with a potential rise toward 0.6765, fueled by steady economic indicators and market trends. – vtmarketsmy.com

Germany’s 30-year bond yields have risen, reflecting market stress, while gold prices soar amidst global tensions. With cryptocurrencies plummeting, volatility is expected to rise, urging strategic trading moves. – vtmarketsmy.com

GBP/USD is likely to trade between 1.3420 and 1.3470, with resistance at 1.3505. Traders should consider strategies for range-bound conditions as momentum slows despite a slightly upward bias. – vtmarketsmy.com

Trump’s upcoming Davos speech on Greenland may escalate US-EU trade tensions. Tariffs are impacting the EUR/USD currency pair. Selling out-of-the-money call options on EUR/USD could capitalize on this volatility. – vtmarketsmy.com

Concerns over European withdrawals from US assets faded quickly, with minimal impact on markets. The Euro is likely to remain below 1.170 against the dollar, signaling cautious trading strategies ahead. – vtmarketsmy.com

EUR/USD is stabilizing between 1.1690 and 1.1770 after recent volatility. Traders are advised to explore downside protection options, while implied volatility has increased, making selling options potentially lucrative. – vtmarketsmy.com

UK house prices rose 2.5%, exceeding forecasts. Gold approaches $4,900 amid market volatility. Invest wisely: buy gold options and consider bearish EUR/USD positions as tariffs loom. – vtmarketsmy.com

LME Copper faces resistance at $13,400, indicating potential consolidation. Traders should watch for a breakout above or below key levels, shaping strategies amid reduced momentum and fluctuating demand. – vtmarketsmy.com

Silver prices are soaring, driven by industrial demand and low interest rates. With the Gold/Silver ratio suggesting potential overvaluation, traders should consider strategies to hedge against a possible correction. – vtmarketsmy.com