Live Updates

France’s business confidence held steady at 96 in September, driven by strong services and weakened industry. This two-speed economy offers trade opportunities while maintaining ECB’s wait-and-see approach on interest rates. – vtmarketsmy.com

Bank of Japan’s Kazuo Ueda sees gradual inflation rise toward 2%, indicating a slow policy normalization pace. US tariffs aren’t significantly affecting Japan’s economy, leaving currency traders on alert. – vtmarketsmy.com

Japan’s economy is recovering slowly, with Governor Ueda signaling continued low interest rates. The USD/JPY remains volatile, benefiting currency traders, but the yen’s strength is capped by inflation and economic uncertainty. – vtmarketsmy.com

UK retail sales exceeded expectations but won’t shift the BoE’s inflation focus. Anticipate the Bank of Japan’s updates and Canadian retail sales data, signaling economic trends for traders. – vtmarketsmy.com

European and US markets opened flat, reflecting uncertainty after a recent tech-driven recovery. Low volatility suggests potential for significant price swings; traders might consider strategies like long straddles or iron condors. – vtmarketsmy.com

UK retail sales rose 0.5% in August, slightly beating expectations, but remain 2.1% below pre-pandemic levels. High prices may hinder consumer spending, leaving the economy’s recovery fragile and uncertain. – vtmarketsmy.com

EUR/USD is tightly held between 1.1750 and 1.1800 as traders digest the Fed’s hawkish stance. Prepare for a potential downward move, making now an ideal time for strategic options trading. – vtmarketsmy.com

Japanese government bond yields surge as traders anticipate a potential interest rate hike by the Bank of Japan, with yields hitting 0.91% for 2-year JGBs and 1.20% for 5-year bonds. – vtmarketsmy.com

The Bank of Japan’s interest rate decision, maintaining rates with dissent, strengthens the yen while signaling potential future hikes. Japanese stocks drop amid ETF selling plans, impacting market volatility. – vtmarketsmy.com

The dissent within the Bank of Japan hints at possible rate hikes, causing the yen to strengthen. Traders should prepare for volatility and consider strategies targeting a lower USD/JPY ratio. – vtmarketsmy.com