Monthly Archives: May 2025
S&P 500 futures are expected to rise above 5,960 after a gap up, driven by bullish momentum.
Written on May 17, 2025 at 6:50 pm, by davin
S&P 500 Futures (ESM2025) show a strong uptrend, eyeing 5,960 resistance. Breaking it may lead to 6,000, while failure could result in declines. Precision in trading is key! – vtmarketsmy.com
The Canadian dollar fluctuates against the US dollar, losing previous gains and stabilizing around 1.4000.
Written on May 17, 2025 at 5:50 pm, by davin
The Canadian Dollar hovers near 1.4000 against the US Dollar, influenced by oil prices and upcoming inflation data. Watch for volatility as CPI results could reshape market expectations. – vtmarketsmy.com
Schnabel expresses caution about a possible June ECB rate cut amid uncertainties
Written on May 17, 2025 at 3:50 pm, by davin
ECB’s Schnabel calls for caution on rate cuts amid global trade tensions and inflation concerns, advocating for stability while hinting at potential eurozone bond market integration to bolster the euro’s global role. – vtmarketsmy.com
Martins Kazaks suggests interest rate cuts may be approaching, but uncertainties and data reliance remain.
Written on May 17, 2025 at 2:50 pm, by davin
Latvian central bank governor Martins Kazaks suggests ECB interest rates may be near their peak, but ongoing economic data and trade developments could prompt caution in future rate decisions. – vtmarketsmy.com
Upcoming events include discussions between the UK and EU, a data release from China, and announcements from central banks worldwide.
Written on May 17, 2025 at 1:51 pm, by davin
Next week’s economic landscape is pivotal, with key events from the EU-UK Summit to crucial data releases in China, Australia, Canada, and the UK hinting at potential market shifts. – vtmarketsmy.com
Moody’s downgrades US credit rating amid ongoing tax cut discussions, raising fiscal concerns
Written on May 17, 2025 at 9:51 am, by davin
Moody’s downgraded the US credit rating to Aa1, indicating worsening fiscal conditions. Concerns over rising debt and deficits prompted market reactions, with the dollar weakening and gold gaining interest as protection against instability. – vtmarketsmy.com
WTI crude oil rebounds to around $62 after a two-day decline, thanks to bullish efforts
Written on May 17, 2025 at 9:50 am, by davin
WTI crude oil is currently trading around $62, rebounding from a $55 support with hints of a double-bottom pattern. However, rising OPEC+ output and potential Iranian oil supply complicate future price movements. – vtmarketsmy.com
Consumer confidence declined as inflation expectations increased, affecting market movements and currency values.
Written on May 17, 2025 at 8:51 am, by davin
US consumer sentiment dropped to 50.8, below expectations, while housing starts also disappointed. Global trade tensions eased slightly, but inflation expectations shifted markets, strengthening the dollar amid mixed economic signals. – vtmarketsmy.com
Gold prices fell over 4% due to improved market sentiment, leading to increased investment in riskier assets.
Written on May 17, 2025 at 8:51 am, by davin
Gold prices fell over 1.5% after a US-China trade deal shifted investor focus to riskier assets. Despite weak retail sales, inflation expectations remain high, influencing market volatility and Treasury yields. – vtmarketsmy.com
US stock markets rise for five consecutive days, driven by S&P 500 gains
Written on May 17, 2025 at 8:51 am, by davin
The S&P 500 surged 5.1% last week, driven by reduced US-China tariffs and strong institutional confidence. Traders are advised to remain nimble as market sentiment shifts around upcoming economic data. – vtmarketsmy.com