Live Updates

In September, foreign funds invested $4.6 billion in Chinese equities, driven by passive investments, signaling a bullish outlook for key sectors like Capital Goods and Semiconductors amidst a strengthening economy. – vtmarketsmy.com

The British pound faces pressure against the Australian dollar ahead of the UK’s November 26 Budget. Analysts recommend selling GBP/AUD, targeting a decline to 1.972, amidst economic uncertainty. – vtmarketsmy.com

Berenberg has rated Procore Technologies as a Buy, predicting its stock could rise to $84 due to its growth potential and new CEO Ajei Gopal’s successful track record driving profitability. – vtmarketsmy.com

TBO Tek Ltd. shares surged 5% after its subsidiary acquired Classic Vacations for $125 million, signaling bullish growth in the U.S. luxury travel market, attracting traders to call options while cautioning against volatility risks. – vtmarketsmy.com

UK business activity slowed to its lowest growth in five months due to spending hesitance ahead of potential tax rises. Investors should consider defensive strategies like put options amid economic uncertainty. – vtmarketsmy.com

NZD/USD is trading near 0.5850, showing short-term gains despite weak momentum. Key watchpoints include the nine-day EMA and potential bearish shifts. Economic factors, like US Dollar weakness, influence movements significantly. – vtmarketsmy.com

Gold trading is challenged by overbought conditions and a positive stock market environment, limiting its safe-haven appeal. Fed rate cut expectations and geopolitical tensions may drive future price movements. – vtmarketsmy.com

Despite Australia’s disappointing trade balance, the AUD/USD rose to 0.6625, driven by US dollar weakness and expectations of impending Federal Reserve rate cuts. Traders should consider volatility strategies. – vtmarketsmy.com

The US Dollar Index is declining due to the government shutdown’s uncertainty and a potential Federal Reserve rate cut. Traders should brace for volatility and consider positions in stronger currencies. – vtmarketsmy.com

Italy’s unemployment remains steady at 6%, hinting at a stable labor market amid global uncertainties. Traders should monitor inflation data and central bank moves, positioning themselves for potential market shifts. – vtmarketsmy.com