Live Updates

Japan is likely to maintain its monetary policy until 2026, despite inflation, while China shifts focus to its reverse repo rate. Stability and gradual adjustments characterize current central bank strategies. – vtmarketsmy.com

The British Pound strengthens against the Japanese Yen as the BoE holds rates steady, diverging from Japan’s loose policy. Key data releases could drive GBP/JPY through resistance levels soon. – vtmarketsmy.com

The Euro dipped against the Pound as the Bank of England maintained a steady interest rate. Diverging central bank policies are influencing exchange rates and trader strategies, highlighting inflation concerns. – vtmarketsmy.com

Russia’s central bank reserves fell to $682.8 billion, signaling potential challenges for the rouble. Market participants should monitor this trend for strategic trading opportunities amidst evolving economic conditions. – vtmarketsmy.com

Direct talks between the US and Iran have emerged following Israeli strikes, affecting oil prices. Iran demands an end to attacks before resuming discussions, raising market awareness and volatility. – vtmarketsmy.com

Canada’s employment insurance recipients surged by 3.4%, indicating job market strain. Meanwhile, the AUD/USD and USD/JPY show mixed movements, and gold struggles despite a weaker dollar, reflecting economic uncertainties. – vtmarketsmy.com

UK job market softens as expected, prompting speculation of Bank of England interest rate cuts in August and September. Persistent services inflation challenges economic policy, leaving traders cautious about bold moves. – vtmarketsmy.com

Turkey’s central bank held interest rates steady at 46%, emphasizing a strict focus on tackling inflation rather than stimulating growth. This cautious stance led to a weakening Lira amidst ongoing economic pressures. – vtmarketsmy.com

US stock futures dip near weekly lows amid geopolitical tensions in the Middle East and Jerome Powell’s steady tone on rates, leaving investors anxious about potential market shifts this weekend. – vtmarketsmy.com

The Japanese Yen fell 0.2% against the US Dollar, influenced by upcoming CPI data. The AUD/USD reached a two-week low, while Euro and gold prices stabilized amid geopolitical tensions. – vtmarketsmy.com