Monthly Archives: August 2025
Pesole notes that the recent 25bp rate cut by the Bank of England reflected evident hawkish tendencies.
Written on August 8, 2025 at 5:23 pm, by davin
The Bank of England’s recent hawkish rate cut reveals deep division within its committee and highlights ongoing inflation concerns. Watch inflation data closely; volatility may present unique investment opportunities. – vtmarketsmy.com
The Pound Sterling strengthens against the US Dollar as focus shifts to UK employment and inflation data
Written on August 8, 2025 at 5:23 pm, by davin
The Pound Sterling is steady at 1.3450 against the US Dollar as traders anticipate a Federal Reserve rate cut. Upcoming US CPI data could drastically impact this outlook. – vtmarketsmy.com
Stephan Miran’s nomination to the Fed by Donald Trump causes a temporary decline in the US dollar
Written on August 8, 2025 at 5:22 pm, by davin
Stephan Miran’s appointment as Federal Reserve governor signals a potential shift towards a dovish monetary policy, weakening the US dollar and ramping up market volatility amid expectations for interest rate cuts. – vtmarketsmy.com
Trump and Putin to hold summit as Zelenskiy calls for ceasefire; US stocks rise with Nasdaq up around 200 points.
Written on August 8, 2025 at 5:22 pm, by davin
A Trump-Putin summit next week has boosted U.S. stocks, especially the Nasdaq. Investors anticipate a potential ceasefire in Ukraine, but caution is advised due to possible market volatility. – vtmarketsmy.com
After a BoE rally, GBP/USD steadies around 1.3450, showing potential for a downward correction
Written on August 8, 2025 at 5:21 pm, by davin
GBP/USD is steady at 1.3450 post-BOE’s surprise rate cut, raising concerns over inflation and recession. With key support at 1.3156, traders eye possible long positions amid economic uncertainty. – vtmarketsmy.com
The NZD/USD pair tries to break above the 50-day EMA, hovering around 0.5960
Written on August 8, 2025 at 5:21 pm, by davin
The NZD/USD pair remains stable at 0.5960, influenced by weak US labor data and rising unemployment in New Zealand. Traders consider options strategies, anticipating volatility as central bank policies unfold. – vtmarketsmy.com
European indices display mixed results: Germany and the UK are unchanged, while Spain, Italy, and France see gains.
Written on August 8, 2025 at 4:23 pm, by davin
European indices showed mixed results, with Spain and Italy leading gains following strong economic signals. The UK lagged due to ongoing economic concerns. Key data releases ahead may shift market sentiment. – vtmarketsmy.com
India’s bank loan growth rose to 10% in July, up from 9.8% earlier
Written on August 8, 2025 at 4:23 pm, by davin
Bank of England’s rate cut to 4% impacts GBP/USD negatively, while India’s loan growth signals economic strength. Meanwhile, Bitcoin rallies towards $118,000 amid bullish cryptocurrency trends. – vtmarketsmy.com
President Trump nominates Stephen Miran for FOMC seat, pending Senate approval, say analysts
Written on August 8, 2025 at 4:22 pm, by davin
Trump’s nomination of Stephen Miran to the Federal Open Market Committee hints at potential rate cuts amid rising jobless claims, influencing market volatility and currency dynamics ahead of impending inflation data. – vtmarketsmy.com
India’s foreign exchange reserves fall to $688.87 billion from $698.19 billion
Written on August 8, 2025 at 4:22 pm, by davin
India’s forex reserves dropped to $688.87 billion, impacting the rupee. Meanwhile, currencies and commodities fluctuate amid strong USD, with Bitcoin nearing $118,000. Watch for market volatility! – vtmarketsmy.com