Live Updates

Australia’s economic data shows unexpected strength, with the Flash Composite PMI hitting its highest since April 2022. This suggests a solid manufacturing and services sector, impacting the RBA’s interest rate outlook. – vtmarketsmy.com

New Zealand’s July 2025 trade deficit widened to 578 million NZD, driven by soaring imports and sluggish exports. This trend suggests a weakening NZD, prompting strategies to profit from potential currency depreciation. – vtmarketsmy.com

Today’s economic calendar features critical Flash PMI data from multiple regions, revealing insights into global economic divergence and potential market impacts, especially ahead of the Jackson Hole symposium. Stay alert! – vtmarketsmy.com

Alibaba is planning a Hong Kong IPO for Banma Network Technology while retaining over 30% ownership. This move introduces valuation uncertainty but also trading opportunities amid a growing connected vehicle market. – vtmarketsmy.com

The USD/JPY pair is poised to decline further, driven by expectations of a Bank of Japan rate hike. Traders should consider short positions targeting 142, capitalizing on yen strength against a weakening dollar. – vtmarketsmy.com

South Korea’s Producer Price Index shows stability with a 0.5% year-on-year growth but a sharp month-on-month increase to 0.4%. This signals potential inflation risks, impacting interest rates and market volatility. – vtmarketsmy.com

US indices faced downward pressure, influenced by political tensions and hawkish Fed signals. Crude oil prices surged, signaling potential inflation, while volatility strategies become increasingly attractive for traders. – vtmarketsmy.com

Bill Pulte’s mortgage fraud allegations against Fed Governor Cook spark political turmoil, hinting at potential Fed shifts. Market volatility rises as weak job data complicates rate cut predictions amid inflation concerns. – vtmarketsmy.com

New Zealand’s economy faces challenges with low confidence, flat house prices, and global trade uncertainties. The RBNZ may consider further rate cuts to stimulate growth, impacting the kiwi dollar negatively. – vtmarketsmy.com

US stock indices declined, but held above key moving averages. With indecision in the market and mixed economic data, cautious trading is advised. Traders should wait for confirmation before making moves. – vtmarketsmy.com