Monthly Archives: August 2025
US stock indices declined after weak ISM data, but Palantir and AMD performed well.
Written on August 5, 2025 at 9:21 pm, by davin
US stock indices fell sharply due to weak ISM data, signaling economic concerns. Chip stocks struggled amid tariff talks, while small-cap stocks showed resilience, hinting at potential market trend changes. – vtmarketsmy.com
In July, ISM Services Prices Paid in the United States rose from 67.5 to 69.9.
Written on August 5, 2025 at 8:23 pm, by davin
The US ISM Services Prices Paid index rose, indicating persistent inflation. The AUD/USD remains volatile, while EUR/USD stays within a defined range. Gold retains strength, but Ethereum faces bearish pressure. – vtmarketsmy.com
ISM Services PMI for the United States is at 50.1, below the expected 51.5
Written on August 5, 2025 at 8:22 pm, by davin
In July, the US service sector showed slow growth, impacting forex rates and gold prices. Traders face risks; strategies like selling options and buying calls could capitalize on market shifts. – vtmarketsmy.com
In July, the US ISM Services New Orders Index fell from 51.3 to 50.3.
Written on August 5, 2025 at 8:22 pm, by davin
The US services sector shows signs of slowing, with the ISM index at 50.3. Meanwhile, the EUR/USD holds firm at 1.1400, and gold prices continue to rise. – vtmarketsmy.com
In July, the ISM Services Employment Index in the United States dropped from 47.2 to 46.4.
Written on August 5, 2025 at 8:22 pm, by davin
The ISM Services Employment Index dropped to 46.4, signaling a cooling U.S. labor market. This trend heightens the risk of recession, prompting traders to adopt defensive positions in equity markets. – vtmarketsmy.com
Moynihan from Bank of America says Trump wants proper regulations and predicts economic growth and rate cuts.
Written on August 5, 2025 at 8:21 pm, by davin
Bank of America predicts a steady US economy growth of 1.5% this year, despite market speculation of imminent rate cuts. Inflation and job growth suggest the Fed will maintain rates longer. – vtmarketsmy.com
Crude oil futures fell by $1.13 to settle at $65.16, marking a 1.7% decrease.
Written on August 5, 2025 at 8:21 pm, by davin
Crude oil futures dipped to $65.16, reflecting market fluctuations and concerns over economic demand. Traders eye hurricane risks and OPEC+ actions amidst volatile signals, impacting diverse sectors. – vtmarketsmy.com
In July, the S&P Global Composite PMI for the United States surpassed expectations at 55.1
Written on August 5, 2025 at 7:23 pm, by davin
The US economy shows strength with a July PMI of 55.1, while the dollar weakens, boosting EUR/USD to 1.1600. Meanwhile, gold rises to $3,380, and DeFi gains traction. – vtmarketsmy.com
The S&P Global Services PMI for the United States meets expectations at 55.7, exceeding projections
Written on August 5, 2025 at 7:23 pm, by davin
The US services sector shows strong growth at 55.7, suggesting slower Fed rate cuts. The weakening dollar boosts EUR/USD momentum, while DeFi thrives with rising interest and capital shifts. – vtmarketsmy.com
Citi expects gold to reach $3,500 per ounce in three months due to economic uncertainty and rising tariffs
Written on August 5, 2025 at 7:22 pm, by davin
Citi raises its gold price target to $3,500/oz amid rising inflation and labor market concerns, predicting upward momentum as gold becomes a preferred hedge against economic instability and geopolitical uncertainty. – vtmarketsmy.com