Live Updates

Switzerland’s trade surplus fell to CHF 4.01 billion in August, impacting the Swiss franc and increasing chances for a potential interest rate cut by the Swiss National Bank. Trade positions may shift. – vtmarketsmy.com

The Federal Reserve cut interest rates by 25 basis points, hinting at more reductions ahead. Labor market conditions will heavily influence future decisions, making upcoming economic reports critical for traders. – vtmarketsmy.com

EUR/USD faces significant option expiry at 1.1800, influencing short-term market movements amid mixed reactions to the Federal Reserve’s ambiguous policies and ongoing Eurozone economic weakness. – vtmarketsmy.com

US futures are rising as traders remain bullish despite mixed market signals and Fed uncertainty. With internal disagreements on rates, volatility strategies, especially in tech stocks, present ripe opportunities for smart investors. – vtmarketsmy.com

Nomura now predicts the Federal Reserve will cut interest rates in October and December, influenced by labor market risks. Lower rates may boost equities and challenge the US dollar’s strength. – vtmarketsmy.com

New Zealand’s economy faces challenges with a 0.9% contraction. Anticipated rate cuts offer trading opportunities, while the SEC’s approval of crypto ETFs fuels bullish sentiment for tokens like Solana and XRP. – vtmarketsmy.com

The People’s Bank of China holds rates steady at 1.40% amid resilient exports, while anticipating potential policy support later this year. Market corrections could prompt cautious investment strategies ahead of crucial October decisions. – vtmarketsmy.com

The strengthening yuan could trigger up to $300 billion in corporate dollar selling as firms convert holdings. Key exchange levels are closely monitored, causing increased market volatility and trading strategies. – vtmarketsmy.com

Investor concerns over Trump’s trade policies and the Fed are prompting a $17 trillion fund shift towards Europe and Japan. U.S. markets lag, making diversifying strategies increasingly vital. – vtmarketsmy.com

Goldman Sachs predicts two more 25 basis point cuts from the Fed in October and December 2023, with a cautious approach ensuring stable inflation and growth. Watch for economic surprises that could change this trajectory. – vtmarketsmy.com