Live Updates

China’s CPI fell 0.3% in September, signaling economic concerns. Meanwhile, gold prices surge amid US dollar weakness, and cryptocurrencies face resistance. Traders eye potential policies and market shifts ahead. – vtmarketsmy.com

The People’s Bank of China set the USD/CNY rate at 7.0995, aiming for exchange rate stability amid slowing economic growth. Traders may find potential profit in range-bound strategies. – vtmarketsmy.com

Silver prices surged to $51.90 amid US-China tensions and expected Fed rate cuts, spurring safe-haven demand. Cautious investors should consider strategic positions as market dynamics evolve. – vtmarketsmy.com

Gold prices are surging towards $4,165, driven by heightened demand amid US-China trade tensions and expected Federal Reserve rate cuts, creating a favorable environment for bullish positions in the precious metal. – vtmarketsmy.com

Australia’s economic landscape is shifting, as the Westpac Leading Index rebounds to 0%. Amid global uncertainties, investors seek safety, leading to a spike in gold and the Japanese yen’s strength. – vtmarketsmy.com

Australia’s inflation may surpass forecasts, prompting the Reserve Bank to consider interest rate hikes. Despite a tight labor market, global trade uncertainties could impact the Australian dollar’s strength. – vtmarketsmy.com

The Reserve Bank of New Zealand is maintaining a cautious approach, focusing on managing inflation through the Official Cash Rate. With persistent inflation, interest rate cuts are unlikely soon, impacting the NZD outlook. – vtmarketsmy.com

The USD/JPY pair dips below 152.00 as US dollar weakness, driven by trade tensions and Fed rate cut signals, boosts the yen’s status as a safe haven. Volatility strategies may yield profits. – vtmarketsmy.com

The Euro surged past 1.16 against the Dollar after dovish comments from Fed Chairman Powell and France’s pension reform pause. Business sentiment declines and US-China tensions further weaken the Dollar’s outlook. – vtmarketsmy.com

Southwest Airlines is at a critical $33.40 support level, poised for potential gains or losses. Observers should wait for confirmation of a bounce or a break to strategize their trades effectively. – vtmarketsmy.com