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Monthly Archives: May 2025
In May, the US Consumer Confidence Index rose to 98.0.
Written on May 27, 2025 at 11:51 pm, by davin
In May, US Consumer Confidence rose to 98.0, signaling optimism despite concerns over job availability. The Present Situation Index improved, but the Expectations Index remains below recession levels, suggesting cautious sentiment. – vtmarketsmy.com
AUD/USD retraces to around 0.6450 during North American trading after reaching a six-month peak
Written on May 27, 2025 at 11:50 pm, by davin
The AUD/USD dropped to 0.6450 after peaking at 0.6537, due to a stronger US Dollar linked to eased EU trade tensions and weak Australian inflation data. Watch for volatility! – vtmarketsmy.com
Barkin highlights economic caution due to persistent inflation, fiscal challenges, and concerns about business activity.
Written on May 27, 2025 at 10:51 pm, by davin
Richmond Fed President Thomas Barkin highlights economic uncertainty with stagnant business activity and changing consumer sentiment influenced by inflation. Markets react to USD strength, while Germany gains focus amidst changing global dynamics. – vtmarketsmy.com
The US Dollar Index is holding steady around 99.25 as markets evaluate EU-US trade talks.
Written on May 27, 2025 at 10:50 pm, by davin
The US Dollar is bouncing back, nearing the significant 100.00 mark, influenced by Japanese bond policy shifts and anticipation of key economic data. Investors should prepare for potential volatility ahead. – vtmarketsmy.com
The gold market shows a tightening trend in a descending wedge formation after previous highs.
Written on May 27, 2025 at 9:50 pm, by davin
Gold prices are down 1.37%, near $3,288, following a descending wedge pattern. Key supports lie at $3,200 and $3,161. Watch for breaks above $3,350 for potential bullish signals. – vtmarketsmy.com
Silver price drops nearly 2% below $33.00 during North American trading
Written on May 27, 2025 at 8:51 pm, by davin
Silver prices dipped nearly 2% to $32.80 as a stronger US Dollar reduced demand for safe-haven assets. Ongoing trade negotiations and price fluctuations indicate uncertainty in the market, urging cautious trading. – vtmarketsmy.com
Bank of Nova Scotia’s quarterly earnings per share fall short of estimates at $1.06
Written on May 27, 2025 at 8:50 pm, by davin
Bank of Nova Scotia’s earnings fell short at $1.06 per share, missing forecasts and marking a decline from last year. Future results hinge on management insights amid sector volatility. – vtmarketsmy.com
In March, the month-over-month housing price index in the United States fell short of forecasts, recording a decrease of 0.1%.
Written on May 27, 2025 at 7:51 pm, by davin
US housing prices fell unexpectedly, highlighting market uncertainty. The stronger dollar pressures currencies like EUR/USD and GBP/USD, while gold struggles under risk-on sentiment. Bitcoin rebounds amid increased conference interest. – vtmarketsmy.com
GBP/USD stays technically bullish after pullback, trading just below 1.3550 following recent highs.
Written on May 27, 2025 at 7:50 pm, by davin
GBP/USD has retreated from a three-year high, facing resistance and suggesting potential pullbacks amid strong US economic data. Market indicators signal cautious movements as volatility builds for upcoming sessions. – vtmarketsmy.com
In April, US durable goods orders excluding transportation surpassed forecasts with a 0.2% increase.
Written on May 27, 2025 at 6:51 pm, by davin
US durable goods orders increased unexpectedly, strengthening the US Dollar and impacting EUR/USD and GBP/USD negatively. Meanwhile, Bitcoin surged amid a major conference, while gold prices remained pressured. Market rotations occur. – vtmarketsmy.com
