Live Updates

The Dow Jones stays buoyant amid strong retail sales and low jobless claims, yet uncertainty looms over interest rates. Traders should prepare for volatility as conflicting economic signals persist. – vtmarketsmy.com

China’s central bank injected 1.3 trillion yuan into the banking system, easing market stress temporarily. However, weak economic indicators suggest potential volatility ahead post-tax deadline on July 15. – vtmarketsmy.com

The Canadian Dollar plummets against the US Dollar due to strong US economic data and stagnant oil prices. With interest rate gaps widening, expect continued USD/CAD upward momentum in coming weeks. – vtmarketsmy.com

Gold prices dropped over 0.26% as strong US economic data strengthens expectations for stable interest rates by the Fed, prompting bearish strategies for traders amid ongoing inflation concerns. – vtmarketsmy.com

China’s commerce minister urges dialogue to navigate ongoing US-China trade tensions. Despite challenges, economic interdependence remains crucial, hinting at market strategies that exploit contained volatility for future gains. – vtmarketsmy.com

The US Dollar Index rises, driven by strong fundamentals, while the euro and pound face challenges. Markets await crucial economic data, influencing trading strategies on various currency pairs and commodities. – vtmarketsmy.com

The British Pound is rising against the Japanese Yen, influenced by Japan’s weak trade balance and looming elections. With distinct monetary policies, GBP/JPY may face volatility amid potential market shifts. – vtmarketsmy.com

China threatens to block a $23 billion seaport sale unless its shipping giant, Cosco, is included. This geopolitical tension risks global shipping volatility as it intersects with existing Panama Canal challenges. – vtmarketsmy.com

Federal Reserve Governor Waller advocates for a 25 basis point rate cut in July, raising expectations to 92%. This aligns with cooling inflation and rising unemployment, signaling a potential market shift. – vtmarketsmy.com

The Australian Dollar is losing ground against the US Dollar due to weak employment data and strong US retail sales. Traders may benefit by positioning for further declines toward 0.6400. – vtmarketsmy.com