Russia’s industrial output in November was -0.7%, which was below the forecast of 1.2%. This indicates a downturn in production compared to expectations.<\/p>\n
In other market news, USD\/CAD is trading near five-month lows due to policy divergence between the Bank of Canada and the Federal Reserve. Gold has retreated from all-time highs and now trades below $4,500 amid profit-taking.<\/p>\n
The Pound Sterling has maintained stability around 1.3500 against the US Dollar in a quiet market environment. Bitcoin’s price slipped to $86,770, as ETF outflows increased, marking the fourth day of withdrawals.<\/p>\n
For 2026-2027, analysts anticipate solid economic performance in advanced countries. Many supportive factors from 2025 are expected to continue to contribute positively.<\/p>\n
Avalanche’s price is struggling near $12, following a nearly 2% drop. Grayscale has filed to convert its Avalanche Trust into an ETF with the US Securities and Exchange Commission.<\/p>\n
We are seeing typical holiday-thinned markets as we close out the year, which is keeping trading subdued. This often leads to a drop in implied volatility across major indices, making short-term options less expensive. However, low liquidity can also amplify moves on any surprise news, so caution is advised.<\/p>\n
The surprise contraction in Russian industrial output for November suggests underlying weakness. We should watch for potential upside in USD\/RUB futures, especially if the pair challenges the resistance levels we last saw in the 90-92 range during late 2023. This data point could also create drag on energy prices if it signals weakening global demand.<\/p>\n
With gold pulling back from its record high above $4,520, we see this as profit-taking rather than a full trend reversal. We recall similar patterns, like the consolidation period that followed the 2020 peak, which lasted for several months. Selling out-of-the-money call options to collect premium could be a viable strategy while the market digests these new highs.<\/p>\n
The tight ranges in major currency pairs like EUR\/USD and GBP\/USD reflect the market’s indecision heading into 2026. Data shows foreign exchange volatility is at its lowest level in over six months, confirming this quiet environment. This makes option-selling strategies, such as iron condors, attractive for generating income as long as these pairs remain range-bound.<\/p>\n
The consistent ETF outflows from Bitcoin, marking four straight days of withdrawals, are creating significant headwinds. We saw a similar dynamic with the Grayscale outflows back in early 2024, which preceded a price correction of over 15% in just a couple of weeks. Traders could consider buying put options to hedge or speculate on further downside toward the next key support level.<\/p>\n
Create your live VT Markets account<\/a>\u00a0and\u00a0start trading<\/a>\u00a0now. <\/b><\/p>\n","protected":false},"excerpt":{"rendered":" Russia’s output dips, gold retreats, Bitcoin falls, and Avalanche struggles while analysts expect future growth.<\/p>\n","protected":false},"author":62,"featured_media":16975,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59],"tags":[],"class_list":["post-37711","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts\/37711","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/users\/62"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/comments?post=37711"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts\/37711\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/media\/16975"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/media?parent=37711"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/categories?post=37711"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/tags?post=37711"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}