Live Updates

The People’s Bank of China controls the yuan’s daily midpoint, allowing limited fluctuations. Current interventions reduce volatility, presenting unique trading opportunities amid potential shifts in policy and market stability. – vtmarketsmy.com

Bank of America upholds its $4,000 gold target for 2026 but warns of short-term risks due to a hawkish Fed. Traders should consider hedging strategies amid impending rate cuts and inflation concerns. – vtmarketsmy.com

U.S. stocks could drop if the Fed signals fewer rate cuts than expected, leading to a stronger dollar and higher yields. Prepare with downside protection for market volatility and gold weakness. – vtmarketsmy.com

Markets brace for a potential Federal Reserve rate cut, with banks divided on 25 vs. 50 basis points. The outcome hinges on guidance, with traders adjusting strategies for volatility and market reactions. – vtmarketsmy.com

New Zealand’s current account deficit fell to -0.970 billion NZD in Q2 2025, reflecting economic strength and reduced reliance on foreign borrowing, though the NZD/USD remained stable amid global uncertainties. – vtmarketsmy.com

Former Cleveland Fed President Loretta Mester warns of political pressures threatening the Fed’s credibility. With persistent inflation and heightened market volatility, premature rate cuts could risk significant policy mistakes. – vtmarketsmy.com

Mike Wilson of Morgan Stanley suggests a 60/20/20 investment strategy, shifting to include 20% in gold for better inflation protection, while emphasizing short-term Treasuries and derivatives for cautious income generation. – vtmarketsmy.com

Consumer confidence in New Zealand dipped slightly to 90.9, reflecting ongoing caution. Meanwhile, stable fundamentals and high interest rates suggest the NZD may remain steady despite fluctuating market sentiment. – vtmarketsmy.com

Institutional investment in cryptocurrency remains minimal, with 67% of fund managers holding no digital assets. Despite growing retail interest, regulatory concerns hinder significant institutional involvement, creating a volatile market ripe for strategic opportunities. – vtmarketsmy.com

A private API survey reveals a surprising draw of crude oil inventories, suggesting demand outpacing supply. Traders should prepare for potential price spikes ahead of the official EIA report. – vtmarketsmy.com