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Gold struggles amid high Treasury yields, limiting its upside potential. The volatile cryptocurrency market prompts the use of options strategies. Caution is advised due to escalating trade tensions and risks in equities. – vtmarketsmy.com

US wholesale inflation rose 3.7% in July, exceeding expectations, influencing currency markets. As the strong Dollar impacts gold and cryptocurrencies, interest rates may rise, prompting traders to adjust strategies. – vtmarketsmy.com

Crude oil futures climbed to $63.96, testing crucial resistance levels. Analysts see this range as pivotal; a breakout could signal a trend shift, influenced by inventory data and global demand uncertainties. – vtmarketsmy.com

In July, the US PPI surged 0.9%, hinting at persistent inflation. The US Dollar strengthened, impacting EUR/USD and GBP/USD, while gold prices weakened, signaling cautious trading ahead. – vtmarketsmy.com

July’s unexpected 0.9% rise in the core Producer Price Index signals potential Fed rate hikes, boosting the US Dollar. With Bitcoin stabilizing post-record highs and gold under pressure, market caution is warranted. – vtmarketsmy.com

The AUDUSD plummeted 0.81% today, driven by weaker Chinese data and stronger US inflation. Sellers dominate, suggesting further declines, prompting strategies like buying puts or selling call spreads for downside exposure. – vtmarketsmy.com

US jobless claims fell to 224,000, indicating labor market strength and bolstering the dollar, which pressured gold prices and influenced cryptocurrency trends. Beware of rising trade tensions affecting global growth. – vtmarketsmy.com

Business sentiment is improving, but hiring remains stagnant. With tariffs affecting manufacturers and inflation complicating Fed policies, interest rate decisions loom, creating uncertainty in the market ahead of Powell’s speech. – vtmarketsmy.com

Gold faces pressure, trading near $3,330 due to a strong US dollar and rising yields. With escalating trade conflicts looming, consider hedging strategies in volatile markets for better risk management. – vtmarketsmy.com

Inflation is low, mortgage rates dropped, and stock markets hit highs. With potential geopolitical shifts, savvy investors may consider options for protection and exploiting market volatility. Stay cautious! – vtmarketsmy.com