Live Updates

The US dollar strengthens as other major currencies decline amid cautious market sentiment. Traders anticipate upcoming CPI data, with concerns about inflation and tariffs influencing foreign exchange strategies. – vtmarketsmy.com

Trump plans to reverse California’s stringent EV and emissions regulations, affecting a third of the U.S. auto market. This move sparks legal challenges, uncertain market implications, and shifts focus from electric to hybrid vehicles. – vtmarketsmy.com

Japan’s Producer Price Index (PPI) rose 3.2% year-on-year in May but fell 0.2% month-to-month, raising concerns about lackluster consumer inflation and potential economic policy implications. – vtmarketsmy.com

Chinese Vice Commerce Minister Li Chenggang noted productive U.S. talks aimed at rebuilding trust, yet without clear agreements. Future London discussions may signal market shifts, urging traders to navigate volatility carefully. – vtmarketsmy.com

Futures rollover is crucial for traders managing U.S. equity index futures. Understanding expiration dates, volume trends, and strategic timing enhances decision-making, preventing exposure to inefficiencies and optimizing trading outcomes. – vtmarketsmy.com

Goldman Sachs predicts rising tariffs will elevate goods prices and core inflation, potentially reaching 3.5% by year’s end. Market strategies must adapt swiftly to these inflationary pressures impacting consumer durables and rates. – vtmarketsmy.com

Blackstone plans to invest $500 billion in Europe, focusing on stable sectors like logistics and data infrastructure. This shift reflects confidence in steady returns amid evolving global investment strategies. – vtmarketsmy.com

U.S. Treasury Secretary Bessent’s congressional testimony may slow trade discussions led by Greer and Lutnick. Expect delays in resolutions, necessitating patience and adjustments in trading strategies amidst ongoing dialogue and uncertainty. – vtmarketsmy.com

The US and Mexico are nearing a deal to cut steel tariffs by 50% while implementing import caps. This shift could stabilize trade relations and impact industrial costs significantly. – vtmarketsmy.com

The US and Mexico are close to a deal removing a 50% tariff on steel imports, allowing duty-free access under historical limits. Canada may follow suit, impacting trade strategies significantly. – vtmarketsmy.com