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Michigan Consumer Sentiment Index falls short of expectations at 61.7
Consumer sentiment in the U.S. dipped in July, driving gold prices up and the Euro and British Pound against the dollar. Weak job data suggests a looming economic slowdown and market volatility. – vtmarketsmy.com
Written on August 1, 2025 at 8:21 pm
Categories: Live Updates
June construction spending in the United States fell 0.4%, missing forecasts.
US construction spending declined by 0.4%, signaling economic cooling, while the EUR/USD and GBP/USD rose amid a weaker dollar. Gold prices climbed, indicating safe-haven demand amid uncertainty. Cryptocurrencies weakened. – vtmarketsmy.com
Written on August 1, 2025 at 7:23 pm
Categories: Live Updates
Five-year consumer inflation expectations in the United States were 3.4%, below estimates.
U.S. inflation expectations dip to 3.4%, impacting market sentiment. The Euro and gold see gains while Bitcoin struggles. Consider investing in foreign currencies and gold, but brace for crypto volatility. – vtmarketsmy.com
Written on August 1, 2025 at 7:23 pm
Categories: Live Updates
Trump accuses Labour Statistics Commissioner of manipulating data, claims economy is thriving and suggests lower rates
Trump questions the accuracy of job data, claiming manipulation. He criticizes the Federal Reserve and suggests lower interest rates. This uncertainty could lead to heightened market volatility and unreliable economic signals. – vtmarketsmy.com
Written on August 1, 2025 at 7:23 pm
Categories: Live Updates
The ISM Manufacturing New Orders Index for the United States increased from 46.4 to 47.1
US manufacturing shows modest growth as the ISM index rises, but weak jobs data signals caution. Gold rallies on falling yields, while cryptocurrencies face pressure. Strategies favor European assets for now. – vtmarketsmy.com
Written on August 1, 2025 at 7:22 pm
Categories: Live Updates
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