Insights 
VT 
Monthly Archives: August 2025
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
In August, the year-on-year Redbook Index for the United States rose to 6.5%, up from 4.9%
Written on August 5, 2025 at 7:22 pm, by davin
US retail sales surge, driving the Redbook Index to 6.5%. The euro andGBP climb amid a weakening dollar, while gold stabilizes near $3,400. Capital shifts to Ethereum in the crypto market. – vtmarketsmy.com
Soft Eurozone PMI data leads to Euro decline against the British Pound, falling below 0.8700
Written on August 5, 2025 at 7:22 pm, by davin
The Euro weakens against the Pound, falling below 0.8700, as disappointing Eurozone PMI data contrasts with better UK figures. Traders anticipate further declines in the EUR/GBP pair amid diverging economic signals. – vtmarketsmy.com
Carney announced that Canada will provide C$700 million in loan guarantees to support the lumber sector.
Written on August 5, 2025 at 7:21 pm, by davin
Canada is investing C$1.2 billion to bolster its softwood lumber industry against US tariffs, aiming to stabilize supply and diversify markets, which may influence lumber futures prices and related stocks. – vtmarketsmy.com
NZD/USD tests critical support levels and struggles to break below the 38.2% retracement level
Written on August 5, 2025 at 7:21 pm, by davin
The NZDUSD hovers near critical support at 0.5882-0.5892, with buyers struggling for momentum. A break above 0.59375 could signal a rally, while falling below 0.5877 risks bearish sentiment. – vtmarketsmy.com
Optimizing taxes with tax-loss harvesting strategies while following the Wash Sale rule
Written on August 5, 2025 at 6:23 pm, by davin
Understanding the Wash Sale rule is crucial for effective retirement planning. Avoid losing deductible losses by strategically managing your trades and timing within the 30-day window to maximize tax benefits. – vtmarketsmy.com
