Live Updates

US stock indices have reversed gains, signaling potential volatility ahead as Amazon and Apple report earnings. Traders should be cautious and consider protective strategies amidst increasing market weakness. – vtmarketsmy.com

Figma’s successful IPO soared from an initial $33 to around $90, raising $1.2 billion and highlighting strong market interest. Traders should prepare for volatility and price swings ahead of the lock-up expiration. – vtmarketsmy.com

The USD/JPY exchange rate nears 150.00 as the Bank of Japan hesitates on interest hikes. Traders might consider call options to hedge against potential government interventions amid rising volatility. – vtmarketsmy.com

US core PCE inflation remained steady at 2.8% in June, above expectations. With strong consumer spending and high interest rates, the dollar strengthens while gold faces pressure, creating market uncertainty. – vtmarketsmy.com

New reciprocal tariffs are launching Friday, sparking anticipated market volatility. Companies in industrial and tech sectors face risks, while South Korea may benefit. Stay alert for economic impacts and trading opportunities. – vtmarketsmy.com

Trump targets 17 pharmaceutical companies to cut U.S. drug prices, leveraging an Executive Order for Most-Favored-Nation pricing. Traders should prepare for upcoming market volatility and strategize around options and ETFs. – vtmarketsmy.com

US jobless claims rose slightly to 218,000, signaling a resilient labor market. This strength may keep interest rates elevated longer, impacting the US Dollar and market strategies amid inflation concerns. – vtmarketsmy.com

Pound Sterling nears 1.3200 against the US Dollar after six days of losses, pressured by a strong dollar and weak UK economic data. Watch for potential further declines and increased volatility ahead. – vtmarketsmy.com

Japan aims for a 15% tariff on US chips, mirroring the EU rate, raising concerns in the semiconductor sector. This could impact American exports and create market volatility, especially for tech stocks. – vtmarketsmy.com

The USDJPY hits an intraday high of 150.79, fueled by diverging central bank policies. With crucial support above 149.37, traders eye targets around 151, while preparing for potential volatility. – vtmarketsmy.com