Monthly Archives: May 2025
Experts note that declining US natural gas prices are due to unexpectedly high storage levels, raising concerns about oversupply.
Written on May 23, 2025 at 1:50 pm, by davin
US natural gas prices fell 3.4% as storage surged 120 billion cubic feet, exceeding expectations. Increased inventories suggest a supply surplus, impacting trading strategies and highlighting the importance of reactive adjustments. – vtmarketsmy.com
UOB Group analysts predict the Pound Sterling will reach a technical target of 1.3500.
Written on May 23, 2025 at 12:51 pm, by davin
Pound Sterling shows potential to rise towards 1.3500, with current trading between 1.3375 and 1.3450. Traders should watch for key levels and central bank cues influencing momentum. – vtmarketsmy.com
Optimism among silver buyers keeps prices above $33.00, with daily highs around $33.25 to $33.30.
Written on May 23, 2025 at 12:50 pm, by davin
Silver is gaining momentum, hitting a daily high near $33.30. A breakout above $33.70 could lead to prices nearing $34, while support around $32.00 remains crucial for buyers. – vtmarketsmy.com
US Dollar weakens, leading USD/CHF to drop towards 0.8250 after earlier gains
Written on May 23, 2025 at 11:51 am, by davin
The USD/CHF dips to 0.8260 as US fiscal concerns weigh on the Dollar. Amid geopolitical tensions, the Swiss Franc shines as a safe-haven, defying potential Fed rate cuts. – vtmarketsmy.com
The Indian rupee strengthens as the US dollar weakens, drawing in sellers
Written on May 23, 2025 at 11:50 am, by davin
The Indian Rupee is gaining due to a weaker US Dollar and a potential US-India trade deal. However, high oil prices and possible foreign equity withdrawals pose risks to its stability. – vtmarketsmy.com
US Dollar Index falls to around 99.50 after initial approval of Trump’s act
Written on May 23, 2025 at 10:51 am, by davin
The US Dollar Index is declining towards recent lows due to rising fiscal deficit concerns and lower Treasury yields. Despite stronger PMI data, traders anticipate steady interest rates, impacting dollar strength. – vtmarketsmy.com
UK retail sales rose 1.2% month-over-month, surpassing the expected 0.2% increase.
Written on May 23, 2025 at 10:50 am, by davin
UK Retail Sales surged 1.2% in April, exceeding expectations, with core sales up 1.3%. This boost strengthened the British Pound against the US Dollar, showcasing renewed consumer confidence in the economy. – vtmarketsmy.com
Germany’s year-on-year GDP adjusted for working days has remained stable at -0.4% for the first quarter.
Written on May 23, 2025 at 9:51 am, by davin
Germany’s GDP stagnates at -0.4%, highlighting economic struggles. The euro rises against the dollar amid US fiscal concerns, while gold surges, reflecting investor uncertainty as retail traders remain active. – vtmarketsmy.com
The GBP/USD pair approached 1.3468, rising about 0.25% during Asian trading.
Written on May 23, 2025 at 9:50 am, by davin
GBP/USD rose to 1.3450 after UK’s Consumer Confidence improved modestly. However, anticipated declines in retail sales may create volatility. Market sentiment is fragile amidst mixed economic signals and US Treasury concerns. – vtmarketsmy.com
Dividend Adjustment Notice – May 23 ,2025
Written on May 23, 2025 at 9:05 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