{"id":23594,"date":"2025-08-11T08:10:48","date_gmt":"2025-08-11T08:10:48","guid":{"rendered":"https:\/\/www.vtmarkets.com\/?p=23594"},"modified":"2025-08-11T08:10:48","modified_gmt":"2025-08-11T08:10:48","slug":"week-ahead-from-rally-mode-to-reality-check","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/it-eu\/week_ahead\/week-ahead-from-rally-mode-to-reality-check\/","title":{"rendered":"Week ahead: From rally mode to reality check"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"536\" src=\"https:\/\/www.vtmarkets.com\/it-eu\/wp-content\/uploads\/sites\/20\/2025\/08\/19-15-1024x536.png\" alt=\"\" class=\"wp-image-23599\" srcset=\"https:\/\/www.vtmarkets.com\/it-eu\/wp-content\/uploads\/sites\/20\/2025\/08\/19-15-1024x536.png 1024w, https:\/\/www.vtmarkets.com\/it-eu\/wp-content\/uploads\/sites\/20\/2025\/08\/19-15-300x157.png 300w, https:\/\/www.vtmarkets.com\/it-eu\/wp-content\/uploads\/sites\/20\/2025\/08\/19-15-768x402.png 768w, https:\/\/www.vtmarkets.com\/it-eu\/wp-content\/uploads\/sites\/20\/2025\/08\/19-15-500x262.png 500w, https:\/\/www.vtmarkets.com\/it-eu\/wp-content\/uploads\/sites\/20\/2025\/08\/19-15-400x209.png 400w, https:\/\/www.vtmarkets.com\/it-eu\/wp-content\/uploads\/sites\/20\/2025\/08\/19-15-350x183.png 350w, https:\/\/www.vtmarkets.com\/it-eu\/wp-content\/uploads\/sites\/20\/2025\/08\/19-15-200x105.png 200w, https:\/\/www.vtmarkets.com\/it-eu\/wp-content\/uploads\/sites\/20\/2025\/08\/19-15.png 1200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<p>After a blazing start to 2025, Wall Street is now entering the part of the climb where the pace naturally eases. Earnings continue to grow, but the breakneck speed of the first half of the year is moderating.<\/p>\n\n\n\n<p>The S&amp;P 500 rose by 13.6% in the first quarter and 10.3% in the second, yet analysts are projecting a slowdown to 7.6% in the third quarter and 7.0% in the fourth. These are still solid numbers, but a step down from the double-digit gains that have previously driven strong rallies.<\/p>\n\n\n\n<p>A notable development this quarter is that forecasts for Q3 were nudged slightly higher in July \u2013 something not seen since Q2 2024. The upward revisions were led by strength in the energy and technology sectors, although healthcare expectations weakened.<\/p>\n\n\n\n<p>With the market valued at around 22 times forward earnings, there is little tolerance for disappointment. Any escalation in tariffs or signs of weakening demand could quickly shift sentiment.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">The carry trade is making a comeback among emerging market investors as bets the Federal Reserve\u2019s will kick off interest-rate cuts next month weaken the dollar and fuel appetite for high-yielding currencies <a href=\"https:\/\/t.co\/FjI9c6yl4l\">https:\/\/t.co\/FjI9c6yl4l<\/a><\/p>&mdash; Bloomberg (@business) <a href=\"https:\/\/twitter.com\/business\/status\/1954523759714484390?ref_src=twsrc%5Etfw\">August 10, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<p>The US Federal Reserve is playing a more prominent role in the market narrative. July\u2019s labour market report underwhelmed, showing only 73,000 jobs created compared to expectations for 110,000, while previous months\u2019 figures were revised lower by 258,000.<\/p>\n\n\n\n<p>Wage growth is slowing, temporary employment is declining, and the overall jobs market is softening faster than many had expected.<\/p>\n\n\n\n<p>Traders are now assigning a <a href=\"https:\/\/www.reuters.com\/business\/fed-officials-tilt-dovish-us-job-market-softens-2025-08-08\/\" target=\"_blank\" rel=\"noopener nofollow\" title=\"90\u201395% probability to a September interest rate cut\">90\u201395% probability to a September interest rate cut<\/a>, with around 62 basis points of easing anticipated by the end of the year. This would likely mean two or three cuts, taking rates towards 4% by early 2026.<\/p>\n\n\n\n<p>However, this shift towards looser policy is being driven by concerns over slowing growth rather than a clean victory over inflation.<\/p>\n\n\n\n<p>Trade frictions remain a risk factor. On 12 August, the pause on US\u2013China tariffs is set to expire, potentially reinstating tariffs of roughly 80% on many imports. President Trump has already <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-08-10\/trump-tariffs-risk-deepening-6-3-trillion-india-china-stock-gap\" target=\"_blank\" rel=\"noopener nofollow\" title=\"raised tariffs on Indian goods to 50%\">raised tariffs on Indian goods to 50%<\/a> and is considering new targeted measures against Canadian and Mexican products.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Nvidia and AMD have agreed to give the US government 15% of revenue from sales to China of advanced computer chips like Nvidia&#39;s H20 that are used for artificial intelligence applications, a US official told Reuters <a href=\"https:\/\/t.co\/pTazuZ53FM\">https:\/\/t.co\/pTazuZ53FM<\/a><\/p>&mdash; Reuters (@Reuters) <a href=\"https:\/\/twitter.com\/Reuters\/status\/1954739733965258968?ref_src=twsrc%5Etfw\">August 11, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<p>The sectors most exposed are technology, automotive, and industrials. The semiconductor industry is under particular pressure, with Trump threatening tariffs of 100% unless US chip production is ramped up.<\/p>\n\n\n\n<p>This has triggered record-breaking domestic investment commitments from companies such as Apple, TSMC, Nvidia, GlobalFoundries, and Texas Instruments, pledging hundreds of billions to boost US capacity.<\/p>\n\n\n\n<p>While this strengthens long-term supply chain resilience, in the short term it could limit free cash flow, compress margins, and test investor patience.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\"><strong>Geopolitical shifts could reshape markets<\/strong><\/h2>\n\n\n\n<p>Geopolitical developments could have a significant impact on market direction in the months ahead. President Trump is pressing for a resolution to the Russia\u2013Ukraine war, and there are indications from Moscow that talks could be possible.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Netanyahu, Trump discuss Israel&#39;s Gaza offensive plans <a href=\"https:\/\/t.co\/5Hm0nJNOG2\">https:\/\/t.co\/5Hm0nJNOG2<\/a> <a href=\"https:\/\/t.co\/5Hm0nJNOG2\">https:\/\/t.co\/5Hm0nJNOG2<\/a><\/p>&mdash; Reuters (@Reuters) <a href=\"https:\/\/twitter.com\/Reuters\/status\/1954721949839417749?ref_src=twsrc%5Etfw\">August 11, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<p>In the Middle East, momentum may be building for change in Gaza, with leading Arab nations and the EU pushing for Hamas to step aside. Any breakthrough in these conflicts could ease oil prices, reduce inflationary pressures, and provide breathing space for sectors such as airlines, transportation, and consumer discretionary.<\/p>\n\n\n\n<p>At the same time, the Federal Reserve\u2019s balance sheet has been reduced from $9 trillion to $6.7 trillion, with quantitative tightening expected to continue until it reaches around $6.2 trillion in early 2026. Liquidity conditions will remain tight until then, and a return to quantitative easing is unlikely unless the US economy falls into a deep recession.<\/p>\n\n\n\n<p>The outlook over the coming months will be shaped by a delicate balance between the potential boost from rate cuts or peace breakthroughs, and the drag from softer earnings growth, trade tensions, and a weakening labour market.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\"><strong>Price movements to watch<\/strong><\/h2>\n\n\n\n<p>The currency and commodity markets are shaping up for a potentially active week as several major instruments approach important technical thresholds.<\/p>\n\n\n\n<p>The <strong><a href=\"https:\/\/www.vtmarkets.net\/forex\/\" target=\"_blank\" rel=\"noopener\" title=\"US Dollar Index\">US Dollar Index<\/a><\/strong> remains in consolidation, with traders closely watching the 98.50 level for possible selling pressure and 97.40 as the next downside marker if momentum turns lower.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"551\" src=\"https:\/\/www.vtmarkets.com\/it-eu\/wp-content\/uploads\/sites\/20\/2025\/08\/image-3-1024x551.png\" alt=\"\" class=\"wp-image-23595\" srcset=\"https:\/\/www.vtmarkets.com\/it-eu\/wp-content\/uploads\/sites\/20\/2025\/08\/image-3-1024x551.png 1024w, https:\/\/www.vtmarkets.com\/it-eu\/wp-content\/uploads\/sites\/20\/2025\/08\/image-3-300x161.png 300w, https:\/\/www.vtmarkets.com\/it-eu\/wp-content\/uploads\/sites\/20\/2025\/08\/image-3-768x413.png 768w, https:\/\/www.vtmarkets.com\/it-eu\/wp-content\/uploads\/sites\/20\/2025\/08\/image-3-1536x826.png 1536w, https:\/\/www.vtmarkets.com\/it-eu\/wp-content\/uploads\/sites\/20\/2025\/08\/image-3-500x269.png 500w, https:\/\/www.vtmarkets.com\/it-eu\/wp-content\/uploads\/sites\/20\/2025\/08\/image-3-400x215.png 400w, https:\/\/www.vtmarkets.com\/it-eu\/wp-content\/uploads\/sites\/20\/2025\/08\/image-3-350x188.png 350w, https:\/\/www.vtmarkets.com\/it-eu\/wp-content\/uploads\/sites\/20\/2025\/08\/image-3-200x108.png 200w, https:\/\/www.vtmarkets.com\/it-eu\/wp-content\/uploads\/sites\/20\/2025\/08\/image-3.png 1721w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<p>A weaker dollar could support <strong>EURUSD<\/strong> gains, with buyers likely to step in near 1.1580 or 1.1545, and 1.1750 as the next upside target.<\/p>\n\n\n\n<p>Sterling is showing a similar pattern, with <strong>GBPUSD<\/strong> supported at 1.3355 and 1.3300, while 1.3560 could serve as the next resistance point.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"551\" src=\"https:\/\/www.vtmarkets.com\/it-eu\/wp-content\/uploads\/sites\/20\/2025\/08\/image-2-1024x551.png\" alt=\"\" class=\"wp-image-23596\" srcset=\"https:\/\/www.vtmarkets.com\/it-eu\/wp-content\/uploads\/sites\/20\/2025\/08\/image-2-1024x551.png 1024w, https:\/\/www.vtmarkets.com\/it-eu\/wp-content\/uploads\/sites\/20\/2025\/08\/image-2-300x161.png 300w, https:\/\/www.vtmarkets.com\/it-eu\/wp-content\/uploads\/sites\/20\/2025\/08\/image-2-768x413.png 768w, https:\/\/www.vtmarkets.com\/it-eu\/wp-content\/uploads\/sites\/20\/2025\/08\/image-2-1536x826.png 1536w, https:\/\/www.vtmarkets.com\/it-eu\/wp-content\/uploads\/sites\/20\/2025\/08\/image-2-500x269.png 500w, https:\/\/www.vtmarkets.com\/it-eu\/wp-content\/uploads\/sites\/20\/2025\/08\/image-2-400x215.png 400w, https:\/\/www.vtmarkets.com\/it-eu\/wp-content\/uploads\/sites\/20\/2025\/08\/image-2-350x188.png 350w, https:\/\/www.vtmarkets.com\/it-eu\/wp-content\/uploads\/sites\/20\/2025\/08\/image-2-200x108.png 200w, https:\/\/www.vtmarkets.com\/it-eu\/wp-content\/uploads\/sites\/20\/2025\/08\/image-2.png 1721w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<p>In the yen market, <strong>USDJPY\u2019s<\/strong> recent upward drift has traders monitoring 148.75 and 149.30 for potential reversals. <strong>USDCHF<\/strong> may encounter sellers if it pushes beyond 0.8117 or 0.8150.<\/p>\n\n\n\n<p>Across the commodity-linked currencies, <strong>AUDUSD<\/strong> is moving closer to 0.6570, a level that could draw in bearish pressure, while <strong>NZDUSD<\/strong> faces its next test at 0.6015. For <strong>USDCAD<\/strong>, buying interest could return near 1.3675 if the recent slide continues.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"548\" src=\"https:\/\/www.vtmarkets.com\/it-eu\/wp-content\/uploads\/sites\/20\/2025\/08\/image-1-1024x548.png\" alt=\"\" class=\"wp-image-23597\" srcset=\"https:\/\/www.vtmarkets.com\/it-eu\/wp-content\/uploads\/sites\/20\/2025\/08\/image-1-1024x548.png 1024w, https:\/\/www.vtmarkets.com\/it-eu\/wp-content\/uploads\/sites\/20\/2025\/08\/image-1-300x160.png 300w, https:\/\/www.vtmarkets.com\/it-eu\/wp-content\/uploads\/sites\/20\/2025\/08\/image-1-768x411.png 768w, https:\/\/www.vtmarkets.com\/it-eu\/wp-content\/uploads\/sites\/20\/2025\/08\/image-1-1536x822.png 1536w, https:\/\/www.vtmarkets.com\/it-eu\/wp-content\/uploads\/sites\/20\/2025\/08\/image-1-500x267.png 500w, https:\/\/www.vtmarkets.com\/it-eu\/wp-content\/uploads\/sites\/20\/2025\/08\/image-1-400x214.png 400w, https:\/\/www.vtmarkets.com\/it-eu\/wp-content\/uploads\/sites\/20\/2025\/08\/image-1-350x187.png 350w, https:\/\/www.vtmarkets.com\/it-eu\/wp-content\/uploads\/sites\/20\/2025\/08\/image-1-200x107.png 200w, https:\/\/www.vtmarkets.com\/it-eu\/wp-content\/uploads\/sites\/20\/2025\/08\/image-1.png 1722w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<p>Oil prices remain under downward pressure, with <strong><a href=\"https:\/\/www.vtmarkets.net\/energies\/\" target=\"_blank\" rel=\"noopener\" title=\"USOil\">USOil<\/a><\/strong> currently testing $63.35. A clear break lower could open the path to $61.15, particularly if consolidation takes hold here.<\/p>\n\n\n\n<p><strong>Gold\u2019s<\/strong> rally is approaching $3,430, a level to watch for potential profit-taking or reversals.<\/p>\n\n\n\n<p>The <strong>S&amp;P 500<\/strong> has shaken off last week\u2019s bearish mood and is now pushing towards a potential all-time high, with $6,630 as the next significant reaction point.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"549\" src=\"https:\/\/www.vtmarkets.com\/it-eu\/wp-content\/uploads\/sites\/20\/2025\/08\/image-1024x549.png\" alt=\"\" class=\"wp-image-23598\" srcset=\"https:\/\/www.vtmarkets.com\/it-eu\/wp-content\/uploads\/sites\/20\/2025\/08\/image-1024x549.png 1024w, https:\/\/www.vtmarkets.com\/it-eu\/wp-content\/uploads\/sites\/20\/2025\/08\/image-300x161.png 300w, https:\/\/www.vtmarkets.com\/it-eu\/wp-content\/uploads\/sites\/20\/2025\/08\/image-768x411.png 768w, https:\/\/www.vtmarkets.com\/it-eu\/wp-content\/uploads\/sites\/20\/2025\/08\/image-1536x823.png 1536w, https:\/\/www.vtmarkets.com\/it-eu\/wp-content\/uploads\/sites\/20\/2025\/08\/image-500x268.png 500w, https:\/\/www.vtmarkets.com\/it-eu\/wp-content\/uploads\/sites\/20\/2025\/08\/image-400x214.png 400w, https:\/\/www.vtmarkets.com\/it-eu\/wp-content\/uploads\/sites\/20\/2025\/08\/image-350x188.png 350w, https:\/\/www.vtmarkets.com\/it-eu\/wp-content\/uploads\/sites\/20\/2025\/08\/image-200x107.png 200w, https:\/\/www.vtmarkets.com\/it-eu\/wp-content\/uploads\/sites\/20\/2025\/08\/image.png 1721w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<p><strong>Bitcoin<\/strong> has broken above its channel top and, after a consolidation phase, could advance towards $121,400.<\/p>\n\n\n\n<p><strong>Natural Gas<\/strong> is holding near $2.90, which could set the stage for a rebound, but a drop to $2.55 remains possible if momentum fades.<\/p>\n\n\n\n<p>How prices behave around these key levels will be critical. Sharp rejections could spark reversals, while decisive breaks supported by strong trading volume may fuel trend extensions.<\/p>\n\n\n\n<p>With macroeconomic risks from the Fed, tariff policy, and geopolitical developments still in play, traders are likely to combine technical analysis with the broader market backdrop before committing to positions.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\"><strong>Economic data to monitor this week<\/strong><\/h2>\n\n\n\n<p>The macroeconomic calendar is light this week but still contains several events that could influence sentiment.<\/p>\n\n\n\n<p>On<strong> Tuesday, 12 August<\/strong>, Australia\u2019s cash rate decision is due, with forecasts pointing to a reduction from 3.85% to 3.60%. The same day, the US consumer price index is expected to come in at 2.8% year-on-year, slightly higher than the previous 2.7%. This inflation reading will be closely watched, as it could affect the Federal Reserve\u2019s pace of rate cuts after September.<\/p>\n\n\n\n<p>On <strong>Thursday, 14 August<\/strong>, the UK will release monthly GDP data, with expectations of a 0.2% rise compared to a 0.1% decline previously. While this marks an improvement, global headwinds continue to cloud the outlook. The same day, US producer prices are projected to rise 0.2% following a 0.5% fall, potentially signalling a build-up of inflationary pressures at the wholesale level.<\/p>\n\n\n\n<p><strong>Friday, 15 August<\/strong>, will bring US retail sales and preliminary University of Michigan consumer sentiment. Retail sales are forecast to grow by 0.5%, just below June\u2019s 0.6%, while sentiment is expected to rise to 62.2 from 61.7. These figures will provide valuable insight into the health of the US consumer, a critical driver of growth and a key consideration for the Fed\u2019s policy path.<\/p>\n\n\n\n<p>Looking ahead, traders will also have an eye on the following week, which features Canada\u2019s trimmed CPI on 19 August, New Zealand\u2019s official cash rate decision on <strong>20 August<\/strong>, and the Jackson Hole Symposium on <strong>22 August<\/strong> \u2013 an event that could deliver significant central bank guidance on interest rates and growth expectations.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>Click <a href=\"https:\/\/www.vtmarkets.net\/trade-now\/?utm_campaign=account_c&amp;utm_source=dma&amp;utm_medium=website\" target=\"_blank\" rel=\"noopener\" title=\"here\">here<\/a> to open account and start trading.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>After a blazing start to 2025, Wall Street is now entering the part of the climb where the pace naturally eases. Earnings continue to grow, but the breakneck speed of the first half of the year is moderating. The S&amp;P 500 rose by 13.6% in the first quarter and 10.3% in the second, yet analysts <a href=\"https:\/\/www.vtmarkets.com\/it-eu\/week_ahead\/week-ahead-from-rally-mode-to-reality-check\/\" class=\"read-more\">Continue Reading<\/a><\/p>\n","protected":false},"author":102,"featured_media":23599,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[29],"tags":[],"class_list":["post-23594","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-week_ahead"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/it-eu\/wp-json\/wp\/v2\/posts\/23594","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/it-eu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/it-eu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/it-eu\/wp-json\/wp\/v2\/users\/102"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/it-eu\/wp-json\/wp\/v2\/comments?post=23594"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/it-eu\/wp-json\/wp\/v2\/posts\/23594\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/it-eu\/wp-json\/wp\/v2\/media\/23599"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/it-eu\/wp-json\/wp\/v2\/media?parent=23594"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/it-eu\/wp-json\/wp\/v2\/categories?post=23594"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/it-eu\/wp-json\/wp\/v2\/tags?post=23594"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}