Live Updates

US Core PCE rose 2.5%, stirring mixed economic signals. Strong dollar pressures EUR/USD and GBP/USD, while gold struggles. Investors should consider protective strategies amidst labor market uncertainties and tariff potential volatility. – vtmarketsmy.com

US consumer prices fell to 2.1%, impacting currency markets as the dollar strengthened. Analysts suggest strategies for dollar ETFs and options on gold and volatility, considering underlying economic risks. – vtmarketsmy.com

US pending home sales unexpectedly dropped 0.8% in June, raising concerns over economic cooling. This weakness may prompt a more dovish Fed, impacting homebuilder stocks and the US dollar. – vtmarketsmy.com

Recent GDP data shows stable growth and declining import prices, with potential trade deals influencing capital spending. Traders should consider sector-specific strategies amid a strong dollar and cautious borrowing climate. – vtmarketsmy.com

US private sector jobs rose by 104,000 in July, surpassing expectations and impacting the dollar’s value. This data complicates the Fed’s inflation strategy ahead of the crucial NFP report. – vtmarketsmy.com

July’s ADP report revealed 104,000 new jobs, boosting the US dollar and pushing EUR/USD under 1.1500 and gold near $3,300. Traders should brace for increased volatility ahead. – vtmarketsmy.com

The Bank of Canada keeps interest rates steady at 2.75% amid global trade uncertainty, hinting at a potential future cut. This could impact the Canadian dollar and provide trading opportunities. – vtmarketsmy.com

The U.S. dollar strengthens on robust job and GDP data, but underlying concerns remain. Traders eye currency movements amid looming trade talks and Bank of Canada decisions, creating strategic opportunities. – vtmarketsmy.com

The Euro hits a one-month low amid EU-US trade deal concerns, despite unexpected Eurozone GDP growth. As the USD strengthens, traders eye potential volatility ahead of the Fed’s interest rate decision. – vtmarketsmy.com

Mexico’s GDP grew 0.7% in Q2, defying contraction expectations. This surprising strength could boost the peso and spark interest in trading strategies, challenging previous cautious market sentiments toward the economy. – vtmarketsmy.com