Live Updates

Weak UK job data has traders adjusting positions as US-China trade talks generate cautious optimism. Tomorrow’s US CPI report is crucial, potentially shifting market dynamics ahead of the Federal Reserve’s decision. Stay alert! – vtmarketsmy.com

US futures retreated as European markets opened, reflecting uncertainty. S&P 500 futures stabilized despite no fresh economic news, influenced by Israel’s Yemen strikes and a slight decline in the USD/JPY. – vtmarketsmy.com

Upcoming FX option expiries on June 10, particularly in EUR/USD and USD/CAD, may influence market stability. Traders should focus on key levels while considering broader macro themes and volatility. – vtmarketsmy.com

US-China trade talks in London are focused on export controls, with positive signals from both sides. However, underlying tensions persist as both nations navigate small gestures amid economic decoupling. – vtmarketsmy.com

Japanese PM Ishiba and US President Trump will discuss trade at the G7 summit, aiming for a deal amid looming tariff tensions. Market volatility is expected as outcomes unfold. – vtmarketsmy.com

Nomura predicts a surge in China’s exports to the U.S. by June, driven by increased container bookings, although long-term growth may stall post-tariff suspension, posing GDP risks for 2025. – vtmarketsmy.com

The USD gained strength amid weak economic signals from the UK, Australia, and Japan. Despite currency declines, stock markets rose, emphasizing the unique dynamics influencing traders’ decisions and market sentiment. – vtmarketsmy.com

Bank of Japan Governor Ueda warns limited interest rate cuts as inflation remains below 2%. The yen weakens following his comments, highlighting diverging central bank policies, impacting currency trading strategies. – vtmarketsmy.com

The People’s Bank of China strengthens the yuan’s midpoint to 7.1840, signaling stability amid market pressures. With liquidity adjustments, traders should adapt strategies to navigate evolving rate dynamics and potential volatility. – vtmarketsmy.com

Japan’s Finance Minister Kato stresses the need for careful debt management amid rising yields. The government may reduce long bond issuance and diversify buyers, ensuring stability while navigating shifting interest rates. – vtmarketsmy.com