Monthly Archives: May 2025
Neel Kashkari highlights the importance of uncertainty for US businesses and the Fed in a Tokyo speech
Written on May 26, 2025 at 6:50 am, by davin
Minneapolis Fed President Neel Kashkari warns of economic uncertainty from tariffs and immigration policies that affect investment. Markets are reacting to these factors, impacting currency movements and gold trends. – vtmarketsmy.com
Dividend Adjustment Notice – May 26 ,2025
Written on May 26, 2025 at 6:36 am, by anakin
Dear Client, Please note that the dividends of the following products will be adjusted accordingly. Index dividends will be executed separately through a balance statement directly to your trading account, and the comment will be in the following format “Div & Product Name & Net Volume”. Please refer to the table below for more details:Continue Reading
The USD/CAD pair continues to decline, dropping below 1.3700 as USD selling persists.
Written on May 26, 2025 at 5:51 am, by davin
The USD/CAD pair drops below 1.3700, influenced by a weakening US dollar amid fiscal concerns, while the Canadian dollar gains strength due to strong inflation data. Market dynamics shift, urging cautious trading strategies. – vtmarketsmy.com
As trade tensions ease, gold price stays below $3,335, attracting sellers’ interest
Written on May 26, 2025 at 4:51 am, by davin
Gold dipped to $3,335 amid easing trade war fears and concerns about US sovereign debt. Central banks are boosting reserves, indicating long-term strategic moves amidst inflation persistence and currency stability worries. – vtmarketsmy.com
EUR/USD approaches 1.1400 as Trump delays tariff deadlines during Asian trading hours
Written on May 26, 2025 at 4:50 am, by davin
EUR/USD is rising to 1.1390 as Trump delays EU tariffs, fostering short-term optimism. However, US economic concerns linger, with a credit downgrade and cautious Fed policies creating market uncertainties. – vtmarketsmy.com
The People’s Bank of China sets the USD/CNY central rate at 7.1833 for trading.
Written on May 26, 2025 at 3:52 am, by davin
The People’s Bank of China lowered the USD/CNY fix to 7.1833, signaling intent to stabilize the yuan. Its unique tools and blend of state objectives shape China’s financial landscape amid evolving competition. – vtmarketsmy.com
GBP/USD rises above 1.3550, reaching its highest level since February 2022 in Asian trading
Written on May 26, 2025 at 3:50 am, by davin
The GBP/USD pair has surged past 1.3500, boosted by strong UK retail sales and inflation data. Meanwhile, the US Dollar struggles amid budget deficit fears, creating a favorable outlook for the Pound. – vtmarketsmy.com
Japan’s chief trade negotiator seeks to advance tariff talks with the US before an upcoming meeting.
Written on May 26, 2025 at 2:50 am, by davin
Japan’s Ryosei Akazawa seeks to finalize tariff talks with the U.S. by June, as the Yen rises 0.14%. Global bond yields and market sentiment heavily impact currency fluctuations amidst these negotiations. – vtmarketsmy.com
Macklem discusses Trump’s tariffs as Canada’s main challenge in an interview with the New York Times
Written on May 26, 2025 at 1:51 am, by davin
Governor Macklem warns US tariffs pose a significant challenge to Canada, affecting trade and inflation. While impacts aren’t yet visible, careful monitoring and potential policy shifts loom on the horizon. – vtmarketsmy.com
After talking with Ursula von der Leyen, Trump postponed EU tariff deadlines to July 9.
Written on May 26, 2025 at 12:51 am, by davin
Trump extended the EU’s 50% tariff deadline to July 9, prompting trade negotiations. EUR/USD rose 0.12%, reflecting market caution. Traders should prepare for volatility as political dynamics evolve. – vtmarketsmy.com