Live Updates

EUR/USD closed down as the Euro faces pressure from Trump’s tariff discussions and mixed ECB signals. With the dollar strengthening, further losses for the Euro may be on the horizon. – vtmarketsmy.com

Copper prices stabilize at $5.50 per pound amid looming US tariffs, creating supply concerns. Traders stockpile, but shortages may arise, leading to potential volatility and increased costs in various sectors. – vtmarketsmy.com

The US will impose a 30% tariff on EU and Mexican exports, effective August 1, stirring trade tensions and market fluctuations. Concerns rise as economies brace for potential impacts and negotiations. – vtmarketsmy.com

The Dow Jones dipped below 44,400 amidst new tariff threats from Trump, raising concerns over inflation and investor sentiment. Upcoming CPI data could reshape market strategies significantly—stay vigilant! – vtmarketsmy.com

USD/CHF is stable below 0.8000, with technical indicators hinting at a downtrend. Economic factors and SNB policies could influence volatility, making it wise for traders to stay alert. – vtmarketsmy.com

Bill Pulte discussed unverified rumors of Fed Chair Jerome Powell’s potential resignation, suggesting it could positively impact the economy. Speculation might lead to market volatility, affecting interest rate expectations significantly. – vtmarketsmy.com

Austan Goolsbee warns Trump’s tariffs may hinder interest rate cuts by complicating inflation forecasts, emphasizing the need for careful monitoring of economic indicators as market reactions intensify amid uncertain policy conditions. – vtmarketsmy.com

Despite strong Canadian labor data, the CAD weakened against the USD, influenced by tariff threats from the US and reduced expectations for a Bank of Canada rate cut, signaling ongoing economic uncertainty. – vtmarketsmy.com

GBP net speculative positions rose to £33.2K, indicating a shift towards positive market sentiment. Traders must stay vigilant as upcoming economic data could impact volatility and positioning outcomes. – vtmarketsmy.com

Economic data surprises—Canada’s booming employment and unexpected US budget surplus—influence market dynamics, igniting inflation fears amid tariff tensions and mixed asset performances. Investors brace for potential volatility. – vtmarketsmy.com