{"id":28384,"date":"2025-08-06T17:18:08","date_gmt":"2025-08-06T17:18:08","guid":{"rendered":"https:\/\/www.vtmarkets.com\/uncategorized\/in-july-indias-m3-money-supply-increased-to-9-6-rising-from-9-5-previously\/"},"modified":"2025-08-06T17:18:08","modified_gmt":"2025-08-06T17:18:08","slug":"in-july-indias-m3-money-supply-increased-to-9-6-rising-from-9-5-previously","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/en-ca\/live-updates\/in-july-indias-m3-money-supply-increased-to-9-6-rising-from-9-5-previously\/","title":{"rendered":"In July, India&#8217;s M3 Money Supply increased to 9.6%, rising from 9.5% previously"},"content":{"rendered":"<p>In July 2021, India&#8217;s M3 money supply increased to 9.6% from the previous 9.5%. This increment reflects a shift in the financial landscape of the country.<\/p>\n<p>EUR\/USD hovered around 1.1640, while GBP\/USD saw an upward movement towards the 1.3350 level. The changes in these currency pairs were influenced by a weakening US Dollar and market expectations regarding the Bank of England&#8217;s policy.<\/p>\n<h3>Gold Prices Fall Amid Market Sentiment<\/h3>\n<p>Gold prices fell below $3,360 per troy ounce, retreating from a recent uptrend. This fluctuation came amid a risk-on sentiment in the market, diverting attention to forthcoming Federal Reserve announcements.<\/p>\n<p>Bitcoin held near $114,000, with institutional interest noted through Japan&#8217;s SBI Holdings&#8217; ETF filings. Ethereum maintained its position above $3,600 as investments in spot ETFs showed inflows of $73 million on the previous day.<\/p>\n<p>Economists predict a slowdown in the US economic growth despite existing trade volatility. The focus remains on the evolving trade policies which have been a pivotal factor influencing economic dynamics.<\/p>\n<p>We remember back in mid-2021 when India&#8217;s M3 money supply was expanding at 9.6%. Today, the latest figures from the Reserve Bank of India show that growth has moderated to 7.2% as of July 2025, signaling a tighter monetary environment. Traders might consider call options on USD\/INR, anticipating potential Rupee depreciation in the coming weeks.<\/p>\n<h3>Currency Market Evolution<\/h3>\n<p>The currency landscape looks quite different from four years ago, when the EUR\/USD was near 1.1640. Current spot rates are hovering around 1.0750, following last week&#8217;s unexpectedly strong U.S. non-farm payrolls report which added 280,000 jobs. We see an opportunity in selling near-term EUR\/USD futures contracts to capitalize on this dollar strength.<\/p>\n<p>Similarly, the GBP\/USD has fallen from its 1.3350 level in 2021, now trading at 1.2280. With the Bank of England signaling a pause on rate hikes last month, buying put options on the Pound could be a sound strategy. This hedges against further weakness relative to the dollar.<\/p>\n<p>We recall gold&#8217;s retreat in 2021 as markets anticipated Federal Reserve action. Today, the metal is trading firmly at $2,450 per troy ounce, driven by persistent global inflation figures. With the latest U.S. CPI data showing inflation remaining stubbornly high at 3.8%, we believe buying call options on gold futures is a sensible move.<\/p>\n<p>Bitcoin&#8217;s price action back in 2021 near $114,000 seems like a distant peak given the current consolidation. Today, Bitcoin is trading around $95,000 after facing headwinds from recent SEC commentary on staking services. We are seeing continued institutional interest, however, with digital asset investment products showing net inflows of $150 million last week according to CoinShares.<\/p>\n<p>For Ethereum, which we saw above $3,600 then, the story has evolved with it now trading near $7,800. Given the recent dip, traders could consider selling cash-secured puts with a strike price around $7,500. This strategy allows for collecting premium while defining a clear entry point if the market pulls back further.<\/p>\n<p>The predictions of a U.S. economic slowdown we discussed in 2021 have largely materialized over the past few years. The latest government data confirmed that second-quarter GDP for 2025 grew by a sluggish 0.8% on an annualized basis. In response, derivative traders should look at options on the CBOE Volatility Index (VIX), as buying VIX call options offers a direct hedge against potential market turbulence.<\/p>\n<p><b><a href=\"https:\/\/www.vtmarkets.com\/trade-now\/\">Create your live VT Markets account<\/a>\u00a0and\u00a0<a href=\"https:\/\/myaccount.vtmarkets.com\/login\">start trading<\/a>\u00a0now. <\/b><\/p>\n","protected":false},"excerpt":{"rendered":"<p>India&#8217;s M3 money supply rises, currencies fluctuate, gold retreats, cryptocurrencies steady, amid shifting global economic signals.<\/p>\n","protected":false},"author":62,"featured_media":17023,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59],"tags":[],"class_list":["post-28384","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts\/28384","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/users\/62"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/comments?post=28384"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts\/28384\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/media\/17023"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/media?parent=28384"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/categories?post=28384"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/tags?post=28384"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}