Live Updates

UBS raises its USD/JPY forecast from 135 to 140, citing dollar strength and a cautious Bank of Japan. A potential U.S.-Japan trade deal could pressure Japanese exports, influencing further yen weakness. – vtmarketsmy.com

The Federal Reserve may cut interest rates later this year if economic data supports it, but for now, they’re holding steady. Stay alert for potential shifts in monetary policy. – vtmarketsmy.com

Despite a slight decline in UK house prices, renewed buyer interest and improved sales suggest the market may be stabilizing after tax-related volatility. Traders should monitor emerging patterns closely. – vtmarketsmy.com

President Trump announced new tariffs starting August 1, escalating tension with BRICS-aligned nations. A complex tariff schedule may reshape market dynamics, demanding agile trading strategies to navigate volatility. – vtmarketsmy.com

The British Pound steadied at 1.3580 against the US Dollar as traders reacted to the Bank of England’s report and President Trump’s tariff threats, while Bitcoin soared past $111,000. – vtmarketsmy.com

In 2024, U.S.-Sri Lanka trade hit $3.4 billion, with Sri Lanka dominated by apparel exports, creating a $2.6 billion trade deficit. Close monitoring of this imbalance is crucial for trading strategies. – vtmarketsmy.com

US bond yields dropped to 4.362%, while gold prices surged above $3,300 amid shifting market dynamics. Currency movements reveal investor caution ahead of Federal Reserve policy changes. Watch these trends closely! – vtmarketsmy.com

WTI Crude Oil prices climbed to $67.54, driven by geopolitical tensions in the Red Sea despite rising inventories. OPEC+ increases supply, but sentiments over security concerns keep prices afloat. – vtmarketsmy.com

OPEC has barred major news organizations from its Vienna oil conference, raising transparency concerns. With tighter control on information, market participants must rely on alternative signals to navigate uncertainty. – vtmarketsmy.com

Gold prices are rising due to a weaker US Dollar following Trump’s new tariffs. Market expectations for a Fed rate cut are high, influenced by ongoing geopolitical tensions and fluctuating economic indicators. – vtmarketsmy.com