Live Updates

The Japanese Yen remains under pressure at 145.00 against the strong US Dollar, amid weak wages and global tensions affecting trade. Expect volatility as central banks navigate uncertain economic landscapes. – vtmarketsmy.com

June’s U.S. jobs report surprises with strong payroll growth, signaling economic stability. Goldman Sachs suggests the Fed may maintain rates amidst cautious inflation trends, hinting at possible easing later in 2025. – vtmarketsmy.com

Trump announces new tariffs targeting countries aligned with BRICS, warning of a 10% surcharge. This move sparks trading volatility and strategic positioning, reshaping global market dynamics around U.S. interests. – vtmarketsmy.com

Tesla’s market share in China is faltering as local EV brands offer trendy, feature-rich vehicles. With fast-charging tech and shifting consumer preferences, Tesla faces intensified competition and changing market dynamics. – vtmarketsmy.com

China’s new restrictions on importing high-value EU medical devices aim to retaliate against the EU’s exclusion of Chinese firms in government tenders, escalating trade tensions between the two regions. – vtmarketsmy.com

The People’s Bank of China is strategically managing the yuan’s strength while tightening liquidity. This proactive approach signals shifts in market dynamics and influences short-term currency volatility and trading strategies. – vtmarketsmy.com

OPEC+ raises oil output by 548,000 barrels daily, asserting market influence while accepting potential price drops. Analysts predict further increases in September. Watch inventory levels to gauge future price movements. – vtmarketsmy.com

China’s PBOC is setting the USD/CNY reference rate at 7.1626, allowing limited yuan fluctuation within a 2% band. This stability guides market expectations while reducing speculative risks. – vtmarketsmy.com

Analysts widely expect the Reserve Bank of Australia to cut rates, but high inflation and a tight labor market may lead to caution. Staying flexible in trading is crucial amid mixed signals. – vtmarketsmy.com

Japan faces economic challenges as real wages drop 2.9% despite rising consumer spending. Record pay gains lag behind, threatening corporate profits as potential U.S. tariffs loom, complicating the Bank of Japan’s policies. – vtmarketsmy.com