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Monthly Archives: June 2025

US auto suppliers group calls for urgent action on China’s rare earth export restrictions

Written on June 5, 2025 at 8:50 am, by

U.S. auto suppliers warn China’s export restrictions on critical minerals are jeopardizing supply chains. Immediate action is needed to prevent economic disruptions and ensure stability in manufacturing. Act now! – vtmarketsmy.com

Ukraine and the US plan to create a joint minerals fund, with a board meeting anticipated.

Written on June 5, 2025 at 7:51 am, by

Ukraine and the U.S. are launching a joint minerals fund to enhance economic ties, with a board meeting set for July. This strategic partnership aims to attract investment amid Ukraine’s ongoing recovery. – vtmarketsmy.com

US auto supplier group stresses need for urgent action to maintain access to Chinese rare earths

Written on June 5, 2025 at 7:50 am, by

The U.S. auto supplier group warns that China’s tighter rare earth export controls may disrupt the automotive sector. Urgent action is needed to secure alternative sources or risk rising costs and delays. – vtmarketsmy.com

Aussie Holds Steady Despite Weak Domestic Data

Written on June 5, 2025 at 7:07 am, by

The Australian dollar held firm on Thursday, hovering around $0.6491, supported more by weakness in the US dollar than by domestic economic strength. Although recent data from Australia was underwhelming, the Aussie found footing amid a shift in risk sentiment, as concerns over US trade policy weighed on the greenback. The currency advanced by 0.5%Continue Reading

RBC Global Asset Management warns of potential decline in the overvalued U.S. dollar’s value

Written on June 5, 2025 at 6:51 am, by

RBC Global Asset Management warns of a 10% drop in the U.S. Dollar Index, signaling potential investor skepticism and shifting strategies away from traditional American assets toward better-performing international options. – vtmarketsmy.com

TD Securities expects two 25 basis point interest rate cuts in Australia in 2025 due to economic weakness.

Written on June 5, 2025 at 6:50 am, by

TD Securities forecasts two interest rate cuts by the Reserve Bank of Australia in 2025, responding to economic weakness, including sluggish GDP growth and constrained consumer spending. – vtmarketsmy.com

Deutsche Bank maintains its 1.50% estimate for the ECB terminal rate, while acknowledging possible future policy changes

Written on June 5, 2025 at 5:51 am, by

Deutsche Bank predicts the ECB may conclude its rate-cutting cycle sooner than expected, with a higher GDP growth forecast and inflation dropping. Future tightening is anticipated by 2026 due to increased spending. – vtmarketsmy.com

Saudi Arabia pushes OPEC+ to increase oil production despite concerns over lower prices due to demand

Written on June 5, 2025 at 5:51 am, by

Saudi Arabia aims to boost oil production by 411,000 barrels daily to regain market share, shifting from price defense to supply increase amid high seasonal demand. Tensions within OPEC+ may arise. – vtmarketsmy.com

Saudi Arabia adjusts crude prices for July, lowering rates for Asia and raising them for Europe and the Mediterranean.

Written on June 5, 2025 at 4:51 am, by

Aramco lowered July’s Arab Light price to Asia amid declining demand but raised prices for Europe and the U.S. OPEC+ production increases raise concerns about potential oversupply. – vtmarketsmy.com

US dollar declines due to disappointing economic data, affecting USD/JPY and CAD movements

Written on June 5, 2025 at 4:50 am, by

The US dollar weakened amid disappointing economic data, causing a significant drop in USD/JPY and rising gold prices. The Bank of Canada held rates steady, with ongoing market speculation about upcoming policies. – vtmarketsmy.com

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