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Monthly Archives: May 2025

Crude oil recovers to over $61.00 as prices stabilise within a narrow range

Written on May 24, 2025 at 4:50 am, by

WTI crude oil is stabilizing around $61.00, shifting from resistance to support. Key indicators signal cautious market momentum, with potential for upward movement above $62.00 or risk of declines below $60.588. – vtmarketsmy.com

Dow Jones Industrial Average drops 780 points during market session, struggles to recover

Written on May 24, 2025 at 3:51 am, by

The Dow Jones fell 780 points amid tariff talks by Trump on Apple and European goods, reflecting market uncertainty. With a struggling economy, upcoming Fed decisions are crucial for investor sentiment. – vtmarketsmy.com

British Pound rises sharply against US Dollar, hitting a three-year high thanks to retail sales

Written on May 24, 2025 at 3:50 am, by

UK consumers are showing resilience with rising retail sales and improved economic indicators, while the US faces trade tensions and a weakening dollar. This divergence is influencing market dynamics significantly. – vtmarketsmy.com

The US oil rig count is 465, falling short of the expected 473

Written on May 24, 2025 at 2:51 am, by

US Oil Rig Count fell to 465, indicating sluggish energy sector activity. Meanwhile, GBP/USD rises past 1.3500, and gold holds strong at $3,350 amid Dollar weakness and trade tensions. – vtmarketsmy.com

Dr. Cook observes calm bond markets in April but notes rising household stress levels.

Written on May 24, 2025 at 2:50 am, by

Dr. Lisa Cook warned of emerging stress in housing and commercial real estate, signaling potential defaults among vulnerable households, while highlighting risks from inflation and inconsistent Fed policies. Economic resilience may mask underlying issues. – vtmarketsmy.com

Euro remains stable against the pound as UK retail sales improve amid tariff concerns

Written on May 24, 2025 at 1:51 am, by

The British Pound stabilizes from strong retail sales, while the Euro faces uncertainty amid proposed tariffs. Key economic data will shape future interest rates and currency movements in the UK and Eurozone. – vtmarketsmy.com

Gold prices increase by nearly 2% as Trump escalates trade tensions with the EU

Written on May 24, 2025 at 1:50 am, by

Gold prices have sharply risen to $3,359, driven by geopolitical tensions and US fiscal concerns, with future movements contingent on trade negotiations and economic data. Close monitoring is essential! – vtmarketsmy.com

Australian dollar strengthens against US dollar, approaching 0.6500 after a 1.20% rise

Written on May 24, 2025 at 12:51 am, by

The Australian Dollar (AUD) is gaining against the US Dollar (USD), nearing 0.6500 due to positive trade news and steady sentiment. Resistance at 0.6500 may limit further gains for now. – vtmarketsmy.com

Mexico’s current account to GDP ratio drops from 2.87% to 1.8%

Written on May 24, 2025 at 12:50 am, by

Mexico’s current account GDP fell to 1.8%. Market volatility rises amid tariff talks, influencing currencies and commodities. Traders must navigate risks carefully amidst fluctuating data and uncertain forecasts. – vtmarketsmy.com

Mexico’s current account in the first quarter was reported at $-7613 million, exceeding expectations.

Written on May 23, 2025 at 11:51 pm, by

Mexico’s current account deficit of $7.6 billion in Q1 surprises positively against expectations of $18 billion, prompting traders to reassess strategies as economic conditions shift and currency dynamics evolve. – vtmarketsmy.com

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