Live Updates

China’s yuan is on a downward trend, with the People’s Bank managing its value around a daily midpoint of 7.1559. Traders should consider USD/CNY options strategically for potential profits. – vtmarketsmy.com

China’s trade official visits Washington for crucial talks, addressing tariffs and technology sales. Market volatility is anticipated, with potential impacts on commodities and currency values, especially the yuan. – vtmarketsmy.com

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