Live Updates

Asia’s economic calendar is quiet, but US markets hit records amid rising jobless claims. Tariff fears threaten the Euro, while Tesla’s surge hints at strong momentum for traders to consider. – vtmarketsmy.com

US stock indices are up, led by the Dow’s 1.35% rise. Strong performances in home-related and financial stocks suggest a market rotation, creating trading opportunities for savvy investors. – vtmarketsmy.com

Tesla shares surged 5.5%, restoring Elon Musk’s title as the world’s richest man. With market optimism for interest rate cuts, investors eye new strategies amid potential earnings challenges ahead. – vtmarketsmy.com

Crude oil futures fell 2.04% to $62.37 as sellers regain control, breaking critical moving averages. Weak global demand and high U.S. output create a bearish market, prompting strategic trading opportunities. – vtmarketsmy.com

Scott Bessent is pushing for quicker bond portfolio reductions at the Fed, suggesting potential leadership changes. This could lead to market volatility, higher interest rates, and a stronger dollar. Prepare accordingly! – vtmarketsmy.com

The NZDUSD has surged above its 100-day moving average, signaling potential further gains. With a bullish outlook fueled by dollar weakness and strong NZ economic data, targets are set near 0.6000. – vtmarketsmy.com

CIBC economists predict a 25 basis point rate cut by the Federal Reserve on September 17, despite rising inflation concerns from tariffs. This could lead to increased market volatility and trading opportunities. – vtmarketsmy.com

August’s US federal budget deficit hit $345 billion, larger than expected. Year-to-date, the deficit stands at $1.973 trillion, prompting concerns of rising bond yields and market volatility ahead. – vtmarketsmy.com

Larry Ellison backs Paramount Skydance’s cash bid for Warner Bros. Discovery, sparking a 17% share surge. However, regulatory hurdles loom, and potential debt concerns could affect both companies’ futures. – vtmarketsmy.com

The US Treasury’s $22 billion 30-year bond auction yielded 4.651%, with strong demand from direct and indirect bidders, hinting at stability in the bond market and supporting the dollar’s strength. – vtmarketsmy.com