Live Updates

Tesla slashed its Model 3 price in China to 259,500 yuan amid fierce competition, risking profit margins. Will this move boost sales or fuel an EV price war? – vtmarketsmy.com

Rising input costs signal potential gains for commodities, but flat selling prices and economic divergence hint at volatility. Cautious traders may find opportunities in specific sectors while hedging against risks. – vtmarketsmy.com

Australia’s inflation eases with a 0.3% monthly decline and 2.8% annual rate, signaling potential rate cuts ahead. This shift may boost the stock market and lower the Australian dollar. – vtmarketsmy.com

The Australian dollar sits near lows amid weak domestic indicators, while China shows strength with a surprising manufacturing PMI. Caution is advised as traders prepare for volatile market shifts. – vtmarketsmy.com

Australian building permits plummeted 8.2% in July, signaling economic weakness, while China’s manufacturing sector surprises with growth. This conflicting data hints at volatility for the Aussie dollar and global markets. – vtmarketsmy.com

The People’s Bank of China strengthened the yuan’s reference rate and drained liquidity to counter currency weakness. Traders should consider strategies like selling USD call options amid this stabilized outlook. – vtmarketsmy.com

August exports from South Korea fell short of expectations, primarily due to U.S. tariffs. While overall exports rose 1.3%, certain sectors, especially automotive, faced significant declines, creating trading opportunities. – vtmarketsmy.com

Japan’s manufacturing PMI fell to 49.7, signaling economic struggles from declining exports, particularly to China and the U.S. Despite this, hiring continues. Volatility strategies may thrive in the choppy market. – vtmarketsmy.com

The People’s Bank of China is expected to set the USD/CNY reference rate at 7.1281, indicating a managed depreciation of the yuan to support exports amidst economic concerns. – vtmarketsmy.com

Japan’s capital spending surged 7.6%, hinting at strong economic growth ahead. However, sluggish sales and profits raise concerns. Traders should brace for volatility ahead of key GDP data on September 8. – vtmarketsmy.com