Live Updates

The USDCHF has slipped to 0.7945 after weak US manufacturing data, finding support in a key range. Traders are eyeing critical levels for direction as the market remains indecisive. – vtmarketsmy.com

Tesla shares surged 7%, driven by Elon Musk’s $1 billion purchase, highlighting a shift from fundamentals to market sentiment. Momentum and narratives around tech innovations dominate the trading landscape. – vtmarketsmy.com

US stock markets are upbeat as S&P 500 futures rise, fueled by positive US-China relations and Tesla’s impressive pre-market gain after Elon Musk’s major stock purchase. – vtmarketsmy.com

The USDCAD currency pair is testing crucial support levels around 1.3810 due to strong Canadian data and weak US performance. Market dynamics favor potential bearish trends or a rebound rally. – vtmarketsmy.com

Bitcoin shows stability despite slight declines, while Ethereum and Solana face differing challenges. Dogecoin’s significant drop signals waning retail interest, suggesting a cautious trading environment ahead for investors. – vtmarketsmy.com

The U.S. Trade Representative hints at potential tariff pauses if U.S.-China talks go well, but traders should remain cautious. Market volatility, particularly in tech, and currency derivatives may present strategic trading opportunities. – vtmarketsmy.com

The US and China have reached a TikTok agreement, signaling reduced tensions. Anticipation for a Trump-Xi meeting may boost tech stocks and lower volatility, hinting at potential market gains ahead. – vtmarketsmy.com

Canada’s manufacturing sales rose 2.5% in July, defying expectations, led by transportation. As the Bank of Canada considers rate cuts, traders anticipate market volatility, presenting both opportunities and risks. – vtmarketsmy.com

The September New York manufacturing survey fell sharply to -8.7, alarming investors. Weak orders suggest a slowing economy, prompting expectations of interest rate cuts and market adjustments in the near future. – vtmarketsmy.com

US-China trade talks are nearing a TikTok deal, boosting market optimism. Traders should focus on tech stocks and prepare for potential volatility as President Trump speaks to President Xi on Friday. – vtmarketsmy.com