Live Updates

China’s trade surplus fell to CNY 645.47 billion, raising concerns about global growth. Gold soars, while volatility spikes amidst US-China tensions—suggesting a tumultuous trading environment ahead. – vtmarketsmy.com

China’s exports surged 8.4%, sparking currency volatility amid trade tensions. With fluctuating markets, traders should heed potential tariffs, consider hedging strategies, and capitalize on safe-haven assets like gold. – vtmarketsmy.com

Trump expresses optimism about US-China ties despite looming tariffs on November 1. Markets react with decreased volatility, offering opportunities for strategic trades and protection against potential shifts in policy. – vtmarketsmy.com

The AUD/USD trades near 0.6550 as China’s trade surplus disappoints, while the US government shutdown weighs on the dollar. Expect volatility ahead as trade tensions and commodity prices fluctuate. – vtmarketsmy.com

The GBP/USD weakens below 1.3350 due to escalating US-China trade tensions and economic uncertainty in the UK, prompting potential tax hikes. Traders should consider hedging against further declines in the Cable. – vtmarketsmy.com

The People’s Bank of China adjusted the USD/CNY rate to support the yuan amid economic challenges. Traders should note the central bank’s intervention strategy, indicating a strong defense against depreciation pressures. – vtmarketsmy.com

EUR/USD remains above 1.1600, buoyed by easing French political tensions, while trade war fears loom as President Trump proposes 100% tariffs on China. Economic indicators will influence future trends. – vtmarketsmy.com

China’s August trade data is set to influence global markets, especially the AUD. A stronger trade balance could boost the Australian dollar, while a weaker report might signal economic concerns. – vtmarketsmy.com

USD/CAD remains weak near 1.4000 as recovering oil prices bolster the Loonie, while subdued USD demand persists. Traders anticipate further declines, focusing on Canadian economic stability and upcoming interest rate decisions. – vtmarketsmy.com

Gold prices reach around $4,040 as US-China trade tensions escalate. Traders eye upcoming economic data, anticipating Fed rate cuts that could further drive gold’s appeal as a safe-haven asset. – vtmarketsmy.com