Live Updates

KiwiBank forecasts significant rate cuts from New Zealand’s Reserve Bank, predicting a drop to 2.25% by year-end. Traders should prepare for a weaker kiwi dollar and increased market volatility. – vtmarketsmy.com

Berkshire Hathaway has fully exited its profitable 17-year investment in BYD, signaling potential downward pressure on the stock and the Chinese EV sector. Traders may capitalize on this negative sentiment with put options. – vtmarketsmy.com

UBS forecasts the USD/JPY exchange rate to be 143 by 2025 and 140 by 2026, driven by Japanese political uncertainty and a cautious Bank of Japan amid a weakening U.S. dollar. – vtmarketsmy.com

The PBOC injected 300 billion yuan through a 14-day reverse repo to enhance liquidity ahead of the Golden Week, signaling stability while influencing rates, currency, and stock markets. – vtmarketsmy.com

RBA Governor Bullock highlights tight labor markets and inflation risks, emphasizing reliance on quarterly CPI reports. Traders should prepare for volatility ahead of the upcoming Q3 report, which could trigger market shifts. – vtmarketsmy.com

China’s central bank, PBOC, aims to stabilize the yuan by setting a strong reference rate at 7.1 against the dollar, managing currency fluctuations amid economic pressures. Traders should use cautious strategies. – vtmarketsmy.com

Governor Bullock’s speech highlights Australia’s interest rate strategy to foster spending amid economic uncertainty. Despite slight unemployment increases, the resilient economy supports the Australian dollar, prompting cautious investment strategies. – vtmarketsmy.com

Japan faces rising inflation driven by a weak yen and increasing oil prices. Political shifts suggest a push for a stronger yen, prompting traders to consider strategies like buying yen call options. – vtmarketsmy.com

The People’s Bank of China has maintained its Loan Prime Rates, signaling a cautious approach amid mixed economic signals. This decision stabilizes the yuan but leaves traders uncertain about future policy shifts. – vtmarketsmy.com

The Bank of Japan holds 7% of Japanese stocks via ETFs, prompting careful market watch during planned reductions. Traders can find opportunities by selling options and focusing on individual stocks amidst risks. – vtmarketsmy.com