Live Updates

    17 May 2025
    Canada has a holiday while economic data is expected later this week.

    April’s Consumer Price Index suggests cooling inflation in Canada with a projected drop to -0.2% month-on-month and 1.6% year-on-year. Anticipate potential interest rate cuts as economic indicators shift. – vtmarketsmy.com

    17 May 2025
    Investors ignored weak consumer sentiment data, leading the Dow Jones Industrial Average to hit new weekly highs.

    Despite a drop in consumer sentiment, the Dow Jones Industrial Average soared to new weekly highs, fueled by optimism around inflation data and recovery from trade tariff impacts. Investors remain cautious. – vtmarketsmy.com

    17 May 2025
    S&P 500 rises 0.6%, with over 5% gains for the week due to positive momentum

    Stock markets are thriving with the S&P 500 up 0.6%, thanks to easing US-China tensions. Investor confidence is growing, especially in AI stocks, as momentum builds cautiously towards previous highs. – vtmarketsmy.com

    17 May 2025
    USD/CHF tests resistance at 0.8380 amid mixed economic signals and global trade tensions

    The USD/CHF is gaining near 0.8380 amid economic uncertainty and trade tensions. Consumer sentiment fell, inflation expectations rose, and technical resistance at 0.8540 could determine future movements. – vtmarketsmy.com

    17 May 2025
    This week’s highlights in the US economy: S&P PMIs, Fed speeches, and housing data releases

    Next week’s economic outlook is quiet, centered on Fed communications and key data releases. Traders should stay cautious, as market movements depend heavily on qualitative signals rather than hard numbers. – vtmarketsmy.com

    17 May 2025
    US oil rig count drops from 474 to 473, reports Baker Hughes

    Gold prices are facing challenges, while Ethereum’s network continues to expand. Don’t miss out—open a VT Markets account today to capitalize on these market movements! – vtmarketsmy.com

    17 May 2025
    EUR/USD remains vulnerable despite recent gains due to economic, geopolitical, and valuation concerns.

    Credit Agricole warns that the rapid rise of the EUR/USD may falter due to economic disconnects, declining equity inflows, and geopolitical tensions, risking a correction if market optimism wanes. – vtmarketsmy.com

    17 May 2025
    Selling pressure pushes the EUR/USD pair lower, nearing the 1.1100 range

    EUR/USD shows a downtrend with resistance at 1.1193-1.1222 and support around 1.1144-1.1094. Current indicators suggest caution as sellers dominate the market, impacting recovery potential. – vtmarketsmy.com

    17 May 2025
    Bonds’ dip buying seems exhausted as yields fluctuate due to inflation concerns and fiscal discussions.

    US 30-year bond yields fluctuated around 5%, driven by inflation concerns and mixed fiscal signals. Traders face a volatile market, with opportunities for quick profits but few long-term trends. Stay nimble! – vtmarketsmy.com

    17 May 2025
    Rabobank’s Jane Foley believes the weakening US outlook could push EUR/USD to 1.15

    Concerns over US economic strength and potential recession have shifted market sentiment, making the USD less appealing. Predictions suggest EUR/USD could hit 1.15, signaling changing dynamics in currency trading. – vtmarketsmy.com

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