Live Updates

BlackRock’s recent $314.9 million Ethereum purchase reveals boosting institutional confidence. Coupled with significant ETF inflows, market sentiment is shifting positively, hinting at potential price recovery and sustained bullish momentum ahead. – vtmarketsmy.com

Japan’s trade negotiator, Akazawa, is visiting the US to discuss investment, potentially boosting demand for the dollar. Watch USD/JPY fluctuations and Japanese equities as economic cooperation unfolds. – vtmarketsmy.com

Woolworths Group’s profits fell 19% to A$1.39 billion due to cost-of-living pressures, aligning with market expectations. Traders should adopt neutral strategies for income amidst a sluggish retail environment. – vtmarketsmy.com

Morgan Stanley predicts a September rate cut by the Federal Reserve, with further reductions through 2026. This trend could boost equities and weaken the dollar, prompting strategic trading opportunities. – vtmarketsmy.com

Trump’s actions threaten Fed independence, triggering concerns over a weakening dollar and potential inflation. Markets expect rate cuts, boosting euro prospects while gold rises as a safe haven amid volatility. – vtmarketsmy.com

UBS warns that a compromised Federal Reserve could ignite inflation chaos, raise borrowing costs, and hinder economic growth. Heightened market risks signal a need for volatility hedging strategies amidst uncertainty. – vtmarketsmy.com

J.P. Morgan revises yen forecasts amid political uncertainty, predicting USD/JPY at 146 in Q3 and 142 by year-end. Strategies favor short U.S. dollar positions and emerging markets as attractive opportunities. – vtmarketsmy.com

API’s latest survey shows a smaller-than-expected drop in crude oil inventories, signaling weaker demand and potentially leading to price volatility ahead of the EIA’s crucial report. – vtmarketsmy.com

U.S. durable goods orders declined by 2.8%, but core business investment rose 1.1%. Consumer confidence remains shaky. Traders face volatility ahead of a likely Federal Reserve rate cut. – vtmarketsmy.com

Trump aims to reshape the Federal Reserve by considering nominees like Stephen Miran and David Malpass, heightening market uncertainty and impacting dollar strength amid expectations of interest rate cuts. – vtmarketsmy.com