Live Updates

The People’s Bank of China is proactively stabilizing the yuan, setting a stronger reference rate while withdrawing liquidity. This signals intervention against depreciation, suggesting volatility for USD/CNY traders in upcoming weeks. – vtmarketsmy.com

China’s stock market has surged 25% since February, driven by policy reforms, despite economic weaknesses like deflation. Cautious trading strategies are essential amid volatility and underlying economic uncertainty. – vtmarketsmy.com

The People’s Bank of China manages the yuan’s value within a +/- 2% trading band. Recent economic data hints at a potential policy shift, making currency monitoring crucial for traders. – vtmarketsmy.com

UBS forecasts gold to reach $3,700 per ounce by mid-2026, driven by lower US interest rates and geopolitical risks. Upcoming US jobs data could ignite price rallies, influencing traders’ strategies. – vtmarketsmy.com

Japan Post Bank plans to introduce a blockchain-based digital yen by 2026, enhancing transaction efficiency and boosting investor confidence in Japan’s financial assets. This marks a significant step in digital finance. – vtmarketsmy.com

Foxconn ramps up hiring and wages ahead of the iPhone 17 launch, anticipating strong demand. Analysts forecast record initial sales, benefiting Apple’s stock and component suppliers like Qualcomm and Broadcom. – vtmarketsmy.com

South Korea’s August CPI rose just 1.7%, below expectations, mainly due to falling telecom prices. This could signal lower interest rates ahead, impacting the economy and currency values positively for equities. – vtmarketsmy.com

New Zealand’s terms of trade unexpectedly surged by 4.1% in Q2 2025, driven by a significant drop in import prices. This boosts the NZD’s strength, impacting interest rate expectations and trading strategies. – vtmarketsmy.com

Morgan Stanley predicts the Federal Reserve will cut interest rates more than expected, focusing on unemployment over inflation. This misjudgment opens opportunities for traders to profit from anticipated lower rates. – vtmarketsmy.com

UBS forecasts four rate cuts by the Fed starting September, driven by stable inflation and rising unemployment risks. Markets are preparing for lower yields, a stronger euro, and equity gains amidst increasing volatility. – vtmarketsmy.com