The U.S. dollar hit a 10-week high, driven by strong economic data and cautious Fed expectations. – vtmarkets.com
The Australian dollar continues its decline, weighed down by fading hopes of China’s stimulus and strong U.S. economic data. – vtmarkets.com
Gold remained steady as traders await the Fed’s September meeting minutes and key U.S. inflation reports that may influence rate decisions. – vtmarkets.com
Oil prices stabilised in Asian trading as traders balance geopolitical risks against bearish demand signals and rising U.S. oil stockpiles. – vtmarkets.com
New Zealand dollar fell to a 7-week low after the RBNZ’s half-point rate cut, raising expectations for further easing and impacting bond yields. – vtmarkets.com
Chicago wheat futures gained for a third straight session on Wednesday, driven by ongoing dry weather that threatens yields in key regions. – vtmarkets.com
The USDCNH pair remains steady as traders weigh China’s stimulus measures and the yuan’s drop, reflecting cautious market sentiment. – vtmarkets.com
Microsoft Corporation (MSFT) closed at $409.54, down 1.57%, underperforming against the S&P 500 and Nasdaq. Concerns rise ahead of its earnings release. – vtmarkets.com
The dollar remains strong at seven-weeks high against major currencies, driven by robust job data, affecting market risk appetite. – vtmarkets.com
Japan’s Nikkei dipped on Tuesday, reflecting rising U.S. Treasury yields. This decline followed reduced hopes for large rate cuts after a robust U.S. jobs report last week. – vtmarkets.com