Jamie Dimon warns that the market may underestimate the risk of rising US interest rates, estimating a 40-50% chance for increases, amid inflation concerns tied to tariffs and deficits. – vtmarketsmy.com
USD/JPY rises past 147.00 amid US-Japan yield gaps and looming tariffs on Japanese imports. With bullish momentum, it nears 148.00—watch for potential continued upward movement in the currency pair. – vtmarketsmy.com
The USDCHF struggles to rise above 0.8000, facing resistance since June. With key moving averages at risk, further declines could target 0.7919 unless buyers reclaim momentum above 0.7994. – vtmarketsmy.com
Trump’s 50% copper tariffs sparked market turmoil, driving US prices up while LME prices fell. Domestic supply must adapt quickly, but volatility and strategic trades are crucial for navigating uncertainties. – vtmarketsmy.com
The GBPUSD is struggling, influenced by weak UK data and a strong US dollar. With resistance at 1.3514-1.3529 and a key drop below 1.3480 threatening further declines, remain vigilant. – vtmarketsmy.com
Gold ETFs saw significant inflows of 397 tons in early 2023, pushing prices to record highs amid geopolitical tensions. However, the impact on prices has since diminished, requiring cautious investment. – vtmarketsmy.com
Trump’s upcoming tariff letter to Von Der Leyen could influence euro markets. A 20% tariff rate is expected, but responses may vary. Traders should monitor volatility and positioning closely for insights. – vtmarketsmy.com
OPEC+ will increase oil production by 550,000 barrels daily in September, easing cuts but maintaining 3.66 million barrels of limits until 2026. Market oversupply risks may impact future decisions. – vtmarketsmy.com
Canada’s job market thrived in June with 83.1K new jobs, lowering unemployment to 6.9%. However, weakened wage growth hints at slower central bank tightening, impacting the Canadian dollar’s value. – vtmarketsmy.com
Canadian building permits surged 12% in May, driven by a single large hospital project. While residential intentions grew, the overall data raises caution about sustainable construction growth amidst skewed results. – vtmarketsmy.com
Hello there 👋
On hold
Hello there 👋
Scan the QR code with your smartphone to start a chat with us, or click here.
Don’t have the Telegram App or Desktop installed? Use Web Telegram instead.
Insights 
VT 
