Live Updates

Eurostoxx futures dip 0.1% as traders brace for August’s end amid mixed global performance. Inflation concerns and political tensions weigh heavily on sentiment, suggesting cautious strategies for September’s market. – vtmarketsmy.com

German retail sales plunged 1.5% in July, alarming analysts and highlighting economic struggles. This decline suggests a broader slowdown, likely affecting the Euro and German stock market negatively. – vtmarketsmy.com

Germany’s import prices fell to -0.4%, signaling economic weakness and deflation. This could prompt the European Central Bank to shift to rate cuts, increasing risks for equities and the Euro. – vtmarketsmy.com

The dollar is soft ahead of a crucial jobs report, with an 84% chance of a rate cut in September. Meanwhile, US stocks, especially tech, show resilience amidst economic uncertainty. – vtmarketsmy.com

Germany’s CPI data is out today, with inflation expected to rise slightly to 2.1%. Core inflation remains a challenge for the ECB, impacting interest rates and currency markets significantly. – vtmarketsmy.com

Inflation data from major European countries today is expected to show persistent price pressures, keeping the European Central Bank steady. Traders are advised to capitalize on the current market stability. – vtmarketsmy.com

Asian markets are mixed, with the Federal Reserve hinting at September rate cuts. China shows strength in equities, while a dovish Fed contrasts with Japan’s slow response to inflation, presenting trading opportunities. – vtmarketsmy.com

Goldman Sachs raises its CSI 300 Index target to 4,900 after a 10% rise this month. Factors include supportive valuations and liquidity, but caution is needed due to potential profit-taking risks. – vtmarketsmy.com

China’s PMI data release this weekend could reveal weak manufacturing at 49.4, while the service sector shows slight growth at 50.3. Market reactions hinge on unexpected results, especially for the AUD. – vtmarketsmy.com

Japan’s Finance Minister Kato signals tolerance for rising interest rates, indicating possible market pressure on bond yields and implications for the Yen. Traders should prepare for volatility and potential investment opportunities. – vtmarketsmy.com