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Early European trading sees Eurostoxx futures rise by 0.6%, while DAX and FTSE each increase by 0.5%. Improved market sentiment follows a reassessment of US labor data and potential Fed rate cuts, though caution persists after last week’s declines.
European markets are bouncing back slightly, with Eurostoxx and DAX futures rising after a dismal US jobs report. Caution is advised as volatility remains high, possibly indicating a temporary rally. – vtmarketsmy.com
Written on August 4, 2025 at 7:22 am
Categories: Live Updates
Dollar’s momentum weakens due to disappointing US jobs figures and mixed market signals
The US dollar faces weakened momentum after disappointing jobs data, with potential rate cuts looming. Markets react with increased volatility, creating opportunities and risks for traders navigating this uncertain landscape. – vtmarketsmy.com
Written on August 4, 2025 at 7:21 am
Categories: Live Updates
EUR/USD expiries from 1.1550 to 1.1600 may impact price action during European trading hours
EUR/USD is fluctuating between 1.1497 and 1.1610, with options expiry limiting volatility. Recent job report disappointments signal possible rate cuts, influencing trading strategies amid uncertain market conditions. – vtmarketsmy.com
Written on August 4, 2025 at 6:22 am
Categories: Live Updates
Gold futures gain bullish momentum due to lower interest rates and positive trader sentiment.
Gold prices are rising, driven by rate cut speculation and geopolitical tensions. Currently at $3,411.8, traders see potential opportunities, but waiting for a pullback could yield better entry points. – vtmarketsmy.com
Written on August 4, 2025 at 6:21 am
Categories: Live Updates
Citi raises its gold forecast, predicting prices between $3,300 and $3,600
Citi predicts gold prices will rise to $3,500 in three months due to a weaker US economy and inflation concerns. Strong demand and central bank purchases support this bullish outlook. – vtmarketsmy.com
Written on August 4, 2025 at 5:22 am
Categories: Live Updates
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