Live Updates

The People’s Bank of China set the USD/CNY reference rate at 7.1085, indicating efforts to stabilize the yuan amid mixed economic signals. Traders should approach cautiously with strategic options. – vtmarketsmy.com

The New Zealand dollar plummets after a surprising GDP decline, prompting potential interest rate cuts. Traders see opportunities in options and short positions against the Australian dollar as volatility looms. – vtmarketsmy.com

Westpac predicts rapid interest rate cuts from the Reserve Bank of New Zealand, reducing the Official Cash Rate to 2.25%. Weak GDP and declining inflation pressure the RBNZ for aggressive measures. – vtmarketsmy.com

The PBOC strategically manages the yuan’s midpoint daily, allowing it to fluctuate within 2%. Recent US rate cuts pressure the USD/CNY, creating trading opportunities amid potential volatility and increased short positions. – vtmarketsmy.com

Japan’s July 2025 machine orders rose 4.9% year-on-year but fell 4.6% month-on-month, sparking concerns about business investment. The Bank of Japan is expected to maintain low interest rates amid economic uncertainty. – vtmarketsmy.com

The Hong Kong Monetary Authority cut its base interest rate to 4.5% to maintain the currency peg with the U.S. dollar, signaling potential trading opportunities ahead for investors and developers. – vtmarketsmy.com

The Bank of England plans to slow bond sales while keeping interest rates at 4%, amid high inflation. Traders speculate on potential rate cuts, signaling a complex financial landscape ahead. – vtmarketsmy.com

China’s auto industry is in crisis due to overproduction, leading to destructive competition and dealer struggles. Major reforms are necessary, but political fears may slow changes, creating investment opportunities amid turmoil. – vtmarketsmy.com

New Zealand’s economy is weakening more than expected, prompting potential interest rate cuts. With falling GDP and export pressures, traders may benefit from buying NZD/USD put options for lower-risk exposure. – vtmarketsmy.com

Crypto ETFs get SEC approval, boosting the market; Euro faces pressure from Trump’s tariff proposal. Cautious Fed signaling and global economic weakness suggest a strong dollar and volatile trading opportunities. – vtmarketsmy.com