Live Updates

The USD is weakening, prompting traders to focus on EUR/USD, GBP/USD, and USD/JPY. Technical analysis suggests buying opportunities against the dollar, particularly with calls on EUR and GBP. – vtmarketsmy.com

The Indian Rupee is strengthening against the US Dollar, now at 87.65, amid expectations of Federal Reserve rate cuts. Yet, India’s low inflation poses risks that may impact future currency movements. – vtmarketsmy.com

China’s loan shortfall signals economic slowdown, while the US Dollar weakens amid optimistic market sentiment. GBP benefits from a surprise rate cut, and AI tokens surge despite macro risks. – vtmarketsmy.com

The Nasdaq’s surge to new highs is driven by expectations of a September Fed rate cut. Economic indicators and Fed comments could influence market direction—traders should await pullbacks for better entry opportunities. – vtmarketsmy.com

Scott Bessent hints at potential Federal Reserve rate cuts, but uncertainty looms. With inflation stubbornly high, traders should prepare for market volatility and shifts in interest rate expectations. – vtmarketsmy.com

Treasury Secretary Scott Bessent discusses a transformative deal allowing Nvidia to sell AI chips to China, sharing 15% revenue with the US. This policy creates volatility and opportunities in the tech sector. – vtmarketsmy.com

Mortgage applications soared by 10.9% amid falling rates, highlighting consumer sensitivity and signaling potential Fed interest rate cuts. As inflation eases, attention turns to September’s pivotal Fed meeting. – vtmarketsmy.com

The S&P 500 hits record highs, buoyed by favorable CPI data and anticipated Fed rate cuts. Traders eye Powell’s Jackson Hole speech while considering bullish strategies amid potential risks and upcoming economic reports. – vtmarketsmy.com

China’s M2 money supply is rising, but new loans dropped for the first time since 2005, signaling economic concerns. Meanwhile, global markets remain optimistic amid expected Fed rate cuts. – vtmarketsmy.com

Traders expect a 98% chance of a Fed interest rate cut in September, with crucial data yet to challenge this outlook. Attention turns to Fed Chair Powell’s upcoming pivotal speech. – vtmarketsmy.com