Live Updates

A federal appeals court ruled Trump’s tariffs illegal, igniting market uncertainty and impacting the dollar. Traders eye currency volatility, gold futures, and hedging strategies as the Supreme Court’s decision looms. – vtmarketsmy.com

UK manufacturing PMI hit 47.0, indicating ongoing contraction and job losses. With new orders plummeting and uncertainty over government policies, the economy faces a bearish outlook and potential Bank of England rate cuts. – vtmarketsmy.com

UK mortgage approvals exceeded expectations in July, indicating consumer resilience despite rising borrowing costs. Annual consumer credit growth hit 7.0%, complicating the Bank of England’s interest rate outlook. – vtmarketsmy.com

Swiss sight deposits rose to CHF 472.3 billion, signaling the Swiss National Bank’s active intervention to stabilize the franc. Traders may find opportunities by selling put options on EUR/CHF in this environment. – vtmarketsmy.com

The Eurozone’s Manufacturing PMI hit a 38-month high of 50.7, signaling economic resilience. Domestic orders rise despite export weaknesses, presenting opportunities in European equities amid fragile recovery risks. – vtmarketsmy.com

Germany’s manufacturing struggles despite slight PMI improvement, facing job cuts and foreign demand decline. Investment sectors grow, but consumer goods stagnate. Traders should consider protective options amidst external risks and volatility. – vtmarketsmy.com

France’s manufacturing PMI rose to 50.4, signaling cautious optimism after two years of contraction. Employment increased, albeit with temporary contracts, while rising input costs challenge profit growth. – vtmarketsmy.com

Italy’s manufacturing sector shows tentative growth with a PMI of 50.4, but underlying weaknesses, including falling export orders and declining business confidence, signal a fragile recovery ahead. – vtmarketsmy.com

Switzerland’s manufacturing PMI rose to 49.0 in August, indicating slight recovery yet continued contraction. Employment worsened, suggesting ongoing economic struggles and a cautious outlook for interest rates and equity markets. – vtmarketsmy.com

Spain’s manufacturing sector surged in August, marked by rising output and orders, achieving a PMI of 53.8. This growth signals investment opportunities in Spanish equities and bonds amid stable Euro support. – vtmarketsmy.com