Live Updates

    3 November 2025
    China is considering limits on new smelting projects for copper, zinc, and lead in response to industry overcapacity.

    China’s metals association calls for limits on new copper, zinc, and lead projects due to overcapacity and low processing fees. This could boost copper prices significantly, akin to 2017 aluminum reforms. – vtmarketsmy.com

    3 November 2025
    HCOB Manufacturing PMI for Germany matches forecasts at 49.6

    Germany’s manufacturing PMI signals contraction, while the US dollar strengthens amidst economic concerns. GBP/USD and EUR/USD face headwinds, as gold and cryptocurrencies falter, highlighting mixed global financial health. – vtmarketsmy.com

    3 November 2025
    HCOB Manufacturing PMI for France is 48.8, exceeding the predicted 48.3

    France’s manufacturing PMI shows slight improvement at 48.8, but the Eurozone faces pressure. The strong US Dollar weakens EUR/USD and GBP/USD, while cryptocurrency prices decline amid rising Treasury yields. – vtmarketsmy.com

    3 November 2025
    Gold stays below $4,050 despite early modest gains amid mixed market signals

    Gold is struggling to gain traction due to a strong US Dollar and current resistance levels. Ongoing economic strains and central bank buying may support prices, but volatility is expected. – vtmarketsmy.com

    3 November 2025
    The Australian dollar strengthens against other currencies, reaching around 0.6555 AUD/USD ahead of the RBA’s announcement.

    The AUD/USD pair is strengthening ahead of the RBA’s decision to likely maintain interest rates at 3.6%. With inflation rising, market volatility increases, creating trading opportunities. – vtmarketsmy.com

    3 November 2025
    HCOB Manufacturing PMI in Italy reaches 49.9, surpassing the expected 49.2

    Italy’s manufacturing PMI signals stability, yet Euro struggles against a strong dollar. Gold holds at $4,000 despite risks, while cryptos face pressure. Traders urged to consider protective strategies in volatile markets. – vtmarketsmy.com

    3 November 2025
    Switzerland’s Purchasing Managers’ Index exceeds expectations with a reading of 48.2

    In October, Switzerland’s manufacturing showed slight improvement, but global markets remain cautious amid a strong US Dollar and continued pressures on meme coins and cryptocurrency. Gold presents potential income opportunities. – vtmarketsmy.com

    3 November 2025
    US dollar rises above 0.8050 for four days following disappointing Swiss CPI

    The US Dollar strengthens past 0.8050 due to Swiss deflationary pressures, pushing traders to favor bullish strategies on the USD/CHF pair. Market expectations hint at a potential Swiss rate cut soon. – vtmarketsmy.com

    3 November 2025
    USD/CAD continues to rise for the third day after surpassing 1.4000, nearing the upper limit of the rectangle.

    USD/CAD shows strong bullish momentum above key levels, targeting 1.4060 and 1.4079. With solid U.S. job data and weak Canadian inflation, traders may consider call options for potential gains. – vtmarketsmy.com

    3 November 2025
    The Euro rises above 0.8750 against the Pound amid ongoing UK budget concerns

    EUR/GBP rose to 0.8775 amid UK budget fears impacting the GBP. The Bank of England’s rate decision this Thursday is critical, with potential tax hikes pressuring the currency further. – vtmarketsmy.com

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