Monthly Archives: August 2025
China’s gold reserves rise for ninth straight month, hitting 73.96 million ounces and increasing in value
Written on August 7, 2025 at 9:23 am, by davin
China’s gold reserves have risen for nine months, reaching 73.96 million ounces. This surge signals increasing confidence in gold amid dollar weaknesses, prompting traders to explore bullish strategies on gold futures. – vtmarketsmy.com
Maersk CEO highlights high demand and rising prices in the nearly full terminal industry
Written on August 7, 2025 at 9:22 am, by davin
Container demand skyrockets as Chinese exports outpace GDP growth, leading to soaring freight rates. Traders should explore options in shipping and logistics, while import-heavy companies face profit pressures. – vtmarketsmy.com
Germany’s June imports rise to 4.2%, surpassing the expected 1% increase
Written on August 7, 2025 at 9:22 am, by davin
Germany’s imports unexpectedly jumped, boosting the Euro against a weakening US Dollar. Anticipate Bank of England rate cuts affecting GBP, while gold remains stable amid economic volatility. – vtmarketsmy.com
In July, Halifax house prices in the UK increased by 0.4%, surpassing the forecast of 0.3%
Written on August 7, 2025 at 9:22 am, by davin
UK house prices rose 0.4% in July, while markets brace for a Bank of England interest rate cut. Traders eye gold and GBP/USD as economic volatility fuels uncertainty and cautious strategies. – vtmarketsmy.com
A gold breakout shows bullish momentum, prompting traders to look for strategic entry points.
Written on August 7, 2025 at 9:22 am, by davin
Gold futures have broken key resistance at $3450, suggesting a bullish trend. Traders should consider strategic entry points and profit-taking levels as gold gains strength amid positive economic signals. – vtmarketsmy.com
Dovish Fed comments led to a decline in the USD, while the JPY strengthened following softened US economic data.
Written on August 7, 2025 at 9:21 am, by davin
USDJPY is in a downward trend as the Fed signals a possible rate cut, supported by weak job data. Traders could position for further declines, targeting the 144.50 trendline. – vtmarketsmy.com
In July, South Africa’s gold and forex reserves rose to $69.16 billion from $68.415 billion.
Written on August 7, 2025 at 8:24 am, by davin
South Africa’s gold and forex reserves rose to $69.16 billion, indicating economic stability for the Rand. Traders might find profit potential in volatility drops, despite ongoing inflation concerns. – vtmarketsmy.com
Germany’s exports rose by 0.8% in June, exceeding the expected 0.5% increase.
Written on August 7, 2025 at 8:24 am, by davin
Germany’s exports rose 0.8% in June, defying expectations. The Bank of England cut rates to 4.0%, hinting at volatility, while EUR/USD hovers above 1.1650 amid a weakening US Dollar. – vtmarketsmy.com
European indices show modest increases, while US futures reflect slight gains amid market optimism.
Written on August 7, 2025 at 8:23 am, by davin
European indices rise modestly amid cautious optimism, while tech shares drive the US market. Traders should consider protective strategies amid underlying risks from inflation and trade disputes. – vtmarketsmy.com
The dollar declines broadly due to US economic data and the Fed’s outlook for Q3
Written on August 7, 2025 at 8:23 am, by davin
The US dollar is faltering after weak job data, increasing the likelihood of a Federal Reserve rate cut. Meanwhile, EUR/USD and other currencies gain strength, focusing on upcoming inflation reports. – vtmarketsmy.com