Live Updates

The US Dollar Index rises, driven by strong fundamentals, while the euro and pound face challenges. Markets await crucial economic data, influencing trading strategies on various currency pairs and commodities. – vtmarketsmy.com

The British Pound is rising against the Japanese Yen, influenced by Japan’s weak trade balance and looming elections. With distinct monetary policies, GBP/JPY may face volatility amid potential market shifts. – vtmarketsmy.com

China threatens to block a $23 billion seaport sale unless its shipping giant, Cosco, is included. This geopolitical tension risks global shipping volatility as it intersects with existing Panama Canal challenges. – vtmarketsmy.com

Federal Reserve Governor Waller advocates for a 25 basis point rate cut in July, raising expectations to 92%. This aligns with cooling inflation and rising unemployment, signaling a potential market shift. – vtmarketsmy.com

The Australian Dollar is losing ground against the US Dollar due to weak employment data and strong US retail sales. Traders may benefit by positioning for further declines toward 0.6400. – vtmarketsmy.com

The US is set to impose tariffs on Chinese battery-grade graphite, with potential impacts on global supply chains and market volatility. Traders might hedge against disruptions while exploring opportunities in non-Chinese producers. – vtmarketsmy.com

China’s retail market grows 5.5% annually, with foreign investment strong despite recent declines. With trade resilience and undervalued stocks, traders have opportunities for profitable positions as market sentiment shifts. – vtmarketsmy.com

Ethereum hits a new peak above $3600 as the US House advances three crypto bills. Anticipated investment in retirement and bullish market signals suggest a major shift in the crypto landscape. – vtmarketsmy.com

Inflation persists despite economic growth, complicating potential Federal Reserve rate cuts. With heightened volatility expected, traders should prepare for sharp market moves surrounding key data releases as rates may exceed 3%. – vtmarketsmy.com

The GBP/USD pair fell to 1.3390, pressured by strong US data and a mixed UK jobs report. Traders eyes are on key upcoming economic events that could drive volatility. – vtmarketsmy.com