Live Updates

Treasury Secretary Scott Bessent hints at possible interest rate cuts to boost the mortgage market. Meanwhile, the euro strengthens against the dollar, and gold prices rise amid mixed global economic data. – vtmarketsmy.com

Managing IRA fees is crucial for maximizing retirement savings, as even small costs can lead to significant losses over time. Choose low-cost options and monitor expenses to safeguard your financial future. – vtmarketsmy.com

The AUDUSD stabilizes around 0.6495 after a minor dip, facing resistance near 0.6534-0.6542. Traders eye crucial economic indicators for a potential breakout or downturn in the upcoming weeks. – vtmarketsmy.com

Silver is recovering, trading near $38.50 with bullish indicators suggesting upward momentum. Watch for a breakout past $39.00, supported by industrial demand. Consider buying call options for potential profit. – vtmarketsmy.com

Canada’s raw material prices unexpectedly rose 2.7%, boosting currency prospects. Meanwhile, gold thrives above $3,400, and XRP approaches record highs, while the US dollar weakens, creating trading opportunities. – vtmarketsmy.com

Fed Chair Jerome Powell’s upcoming speech is unlikely to influence monetary policy, but traders should brace for volatility as mixed manufacturing data complicates economic signals ahead of the July rate decision. – vtmarketsmy.com

Canada’s industrial prices rose 0.4%, surprising analysts, while a weakened US dollar boosted gold and currency values. China’s steady GDP growth contrasts with sluggish retail, highlighting diverse economic signals and trading opportunities. – vtmarketsmy.com

GBP/USD shows signs of recovery after weeks of losses, driven by improved market sentiment and weaker US Dollar. Traders should prepare for volatility ahead of key UK and US economic data. – vtmarketsmy.com

US crude oil futures closed at $65.95, down $0.10, amid mixed demand signals and unexpected inventory increases. Traders await potential price movements as geopolitical risks linger. Strategies like straddles may prove advantageous. – vtmarketsmy.com

The EUR/USD pair is rising as US Dollar decline continues. Positive sentiment bolsters Euro, but trade uncertainties and interest rate differences loom. Watch ECB comments for potential trend shifts ahead! – vtmarketsmy.com