Live Updates

Canada is investing C$1.2 billion to bolster its softwood lumber industry against US tariffs, aiming to stabilize supply and diversify markets, which may influence lumber futures prices and related stocks. – vtmarketsmy.com

The NZDUSD hovers near critical support at 0.5882-0.5892, with buyers struggling for momentum. A break above 0.59375 could signal a rally, while falling below 0.5877 risks bearish sentiment. – vtmarketsmy.com

Understanding the Wash Sale rule is crucial for effective retirement planning. Avoid losing deductible losses by strategically managing your trades and timing within the 30-day window to maximize tax benefits. – vtmarketsmy.com

US trade balance improves slightly, yet the dollar weakens. EUR/USD nears 1.1600, GBP/USD rises above 1.3300, while gold and decentralized finance see growing interest. Exercise caution in high-risk trading. – vtmarketsmy.com

Canada’s imports hit $67.6 billion, highlighting strong demand amid trade shifts. Meanwhile, the euro rises and GBP/USD breaks 1.3300 as the dollar falters. Explore lucrative options trades in this volatile market! – vtmarketsmy.com

Canada’s exports soared to $61.74 billion in June, while the weakened US Dollar bolstered the EUR/USD and GBP/USD pairs. DeFi is flourishing, drawing funds away from Bitcoin towards Ethereum and Solana. – vtmarketsmy.com

The U.S. Treasury’s recent $58 billion auction of 3-year notes showed weak demand, sparking concerns about investor hesitance. Rates may rise as inflation persists, impacting future bond auctions and volatility. – vtmarketsmy.com

Canada’s June trade deficit hit -$5.86 billion, missing forecasts. Meanwhile, the euro and pound strengthen against a weakening US dollar, and gold prices soar near $3,400 amid rising DeFi interest. – vtmarketsmy.com

The Pound Sterling remains steady near 1.3300 as traders await the Bank of England’s expected 25 basis point rate cut. Market preparation could lead to surprising volatility. Keep informed! – vtmarketsmy.com

Russia may accept a truce with Ukraine, while Trump pressures oil-importing nations. Amid fluctuating crude prices and escalating Middle East tensions, traders should prepare for potential volatility and consider strategic options. – vtmarketsmy.com