Live Updates

Bitcoin has skyrocketed above $116,000, marking a new high due to increased buyer interest despite no clear news catalyst. Caution is advised as leveraged positions may lead to rapid reversals. – vtmarketsmy.com

The Canadian Dollar remains stable against the US Dollar despite a 50% tariff on copper. With 76% of Canadian exports going to the US, trade tensions pose risks and heighten volatility. – vtmarketsmy.com

The HKMA’s recent purchase of 13.8 billion HKD aims to maintain the Hong Kong dollar’s stability against the USD, responding to market pressures and ensuring confidence in the longstanding currency peg system. – vtmarketsmy.com

EUR/CHF exchange rate steadied at 0.9314, pulled back by dollar strength and Swiss central bank easing considerations. Diverging policies of the ECB and SNB shape current currency dynamics and short-term sentiment. – vtmarketsmy.com

U.S. 4-week bill yields slightly decreased, reflecting market trends. Currency fluctuations and gold recovery signal changing dynamics, while cryptocurrencies like Sei and Pudgy Penguins show unexpected growth amid renewed investor interest. – vtmarketsmy.com

Japan’s GPIF boosted U.S. Treasury holdings to a decade high, driven by favorable yields and currency shifts. This strategic move hints at broader trends in global bond markets and central bank policies. – vtmarketsmy.com

Banco de Mexico cut interest rates by 50 basis points despite rising inflation concerns. Board members disagree on inflation’s permanence, complicating future rate strategies. Market reactions may shift as global factors evolve. – vtmarketsmy.com

GBP/USD dipped below 1.3600 after stronger US jobless claims hinted at a robust labor market, reducing chances for a Fed rate cut. Market attention now shifts to upcoming UK economic data. – vtmarketsmy.com

US stock markets soared, with the S&P and NASDAQ hitting records. Nvidia surpassed $4 trillion in market cap, boosted by airline stocks’ gains. Traders shift focus to momentum-driven sectors amidst mixed economic signals. – vtmarketsmy.com

Colombia’s unemployment rate rose to 9% in May, highlighting potential labor market weaknesses. This shift may impact consumer spending, corporate revenues, and market dynamics, urging investors to reassess their strategies. – vtmarketsmy.com