Live Updates

Key economic indicators like inflation figures and jobless claims are shaping market expectations. With the Federal Reserve cautious on rate cuts, volatility could increase around upcoming US labor and inflation reports. – vtmarketsmy.com

Eurostoxx futures rise 0.4% thanks to strong tech earnings from Microsoft and Meta, while U.S. futures also advance. Caution is advised amid low volatility and upcoming central bank policy shifts. – vtmarketsmy.com

Germany’s import prices stagnated in June, masking deeper economic weakness. Energy costs rose monthly, yet overall demand fell, hinting at a cautious central bank and potential Euro weakness. – vtmarketsmy.com

Germany’s CPI figures for July reveal inflation trends impacting the ECB. With a projected drop to 1.9%, core inflation is crucial for market volatility and interest rate expectations ahead of the September meeting. – vtmarketsmy.com

Key FX option expiries today include EUR/USD at 1.1400 and AUD/USD at 0.6465, influenced by US-EU trade dynamics, month-end flows, and upcoming US data. Stay updated! – vtmarketsmy.com

Crude oil futures are hitting resistance near $70, signaling a potential downturn. Economic slowdowns, increased supply, and bearish sentiment suggest traders should consider bearish strategies while monitoring geopolitical events and OPEC+ decisions. – vtmarketsmy.com

Trump’s latest trade updates signal challenges, including high tariffs on copper and criticism of India, while easing Brazil’s tariffs. The ‘de minimis’ exemption suspension could disrupt logistics and e-commerce significantly. – vtmarketsmy.com

Trump will attend the ASEAN Summit in Malaysia from October 26-28, potentially meeting Xi amid trade discussions. Anticipate market volatility, especially affecting Malaysian Ringgit and regional currencies. – vtmarketsmy.com

The Bank of Japan’s rate decision and increased inflation forecast led to a stronger yen, while China’s manufacturing data shows ongoing contraction. Australia sees retail growth amid uncertain economic signals. – vtmarketsmy.com

The Bank of Japan is cautiously eyeing interest rate hikes by 2025, depending on economic indicators. Traders may benefit from low volatility and should consider long-term options on USD/JPY amidst uncertain global trade. – vtmarketsmy.com