Live Updates

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

The Federal Reserve’s recent rate cut signals an uncertain economic outlook, with divided opinions among policymakers. Traders should brace for volatility and consider strategies to protect against potential market pullbacks. – vtmarketsmy.com

Deutsche Bank predicts gold prices may rise to $4,000 an ounce by 2026, driven by central bank demand, particularly from China, and anticipated U.S. rate cuts. Silver also sees a bullish forecast. – vtmarketsmy.com

A golden 12-foot Trump statue holding Bitcoin was erected outside the Capitol, sparking discussion on cryptocurrencies’ role in politics. Expect increased market volatility as traders react to upcoming Federal Reserve decisions. – vtmarketsmy.com

Brazil’s Central Bank held the Selic rate at 15%, signaling vigilance on inflation. With persistent inflation concerns and a strong labor market, expect potential future rate hikes affecting markets and the Brazilian Real. – vtmarketsmy.com

US Treasury Secretary Bessent faces scrutiny for listing two homes as principal residences in 2007, raising political tensions. Market volatility emphasizes the need for strategic investments to hedge against uncertainty. – vtmarketsmy.com

Australia’s August jobs report, due at 11:30 am Sydney time, could shift market dynamics. Predictions of unemployment edging up to 4.3% reveal key insights for traders and investors alike. – vtmarketsmy.com