Live Updates

UK construction faced its steepest decline since May 2020, with a PMI of 44.3. Companies are cutting costs amid low optimism, hinting at a downturn that impacts the economy and property market. – vtmarketsmy.com

The USDCHF pair declined after a disappointing jobs report, prompting new rate cut expectations. Market volatility is expected as traders await critical U.S. data and the Fed’s decisions ahead. – vtmarketsmy.com

Germany’s construction PMI rose to 46.3, indicating slight improvement amid a recession. Commercial building shows growth, but declining new orders and jobs hint at ongoing struggles. Short positions may benefit investors. – vtmarketsmy.com

Gold prices are rising due to weak job data and expectations of interest rate cuts. Upcoming US Jobless Claims and CPI reports could further influence the market, as traders eye potential breakout levels. – vtmarketsmy.com

Dip buyers are cautiously re-entering markets after a rocky August. Elevated volatility signals uncertainty, while traders eye inflation reports that could shift sentiment dramatically. Prepare for potential market swings! – vtmarketsmy.com

South Korea’s currency is under scrutiny as it negotiates with the US to exit the currency manipulation watchlist. Expect volatility in the won, presenting trading opportunities amid uncertain exchange rates. – vtmarketsmy.com

Limited economic data this week leads into a potential September Fed rate cut, creating trading opportunities. Traders should consider volatility strategies and currency options as the market anticipates changes. – vtmarketsmy.com

European equities are up as Eurostoxx, DAX, and FTSE futures rise, despite weak US data. This optimism could signal a breakout, but caution is advised due to potential market volatility. – vtmarketsmy.com

Germany’s industrial orders fell 1.0% in June, missing expectations, driven by plunging transport orders and stagnating manufacturing. This decline signals slowing momentum, impacting the Euro and increasing market volatility. – vtmarketsmy.com

EUR/USD option expiries near 1.1600 could impact price movements, as recent bullish signs suggest a stronger euro. However, caution is advised, considering potential shifts from U.S. economic data. – vtmarketsmy.com