Monthly Archives: June 2025
ECB officials expect to pause rate cuts, leading Goldman Sachs to revise predictions.
Written on June 5, 2025 at 11:50 pm, by davin
The European Central Bank is likely to pause rate cuts in July, with expectations shifting towards a potential cut in September instead. Market volatility may increase as autumn approaches. – vtmarketsmy.com
Trump highlights positive call with Xi, focusing on trade talks and future meetings
Written on June 5, 2025 at 10:51 pm, by davin
A recent call between US and Chinese leaders improved trade relations, focusing on Rare Earth products. Diplomatic visits are planned, but no major tariff changes are expected, stabilizing market sentiment. – vtmarketsmy.com
China and the US agree to start new trade talks and improve cooperation
Written on June 5, 2025 at 10:51 pm, by davin
Xi Jinping announced new US-China trade talks, emphasizing cooperation and stability, but warned against Taiwan independence. Market reactions indicate cautious optimism, with ongoing uncertainties influencing trading strategies. – vtmarketsmy.com
Japan’s trade negotiator calls for complete removal of US tariffs ahead of potential elections
Written on June 5, 2025 at 9:51 pm, by davin
Japan seeks full US tariff exemption as political uncertainties loom ahead of the upper house election. Market sentiment shows caution, impacting trade negotiations and positioning, creating a volatile environment. – vtmarketsmy.com
Goldman Sachs predicts 125,000 payroll growth, stable unemployment at 4.2%, and a 0.3% wage increase.
Written on June 5, 2025 at 9:50 pm, by davin
Goldman Sachs forecasts a 125,000 payroll increase and stable unemployment at 4.2% for May, indicating a resilient labor market despite federal government cuts. Wage growth is projected at 0.3%. – vtmarketsmy.com
Commodity currencies strengthen after a call between Xi and Trump, with Australian and New Zealand dollars rising
Written on June 5, 2025 at 8:51 pm, by davin
Beijing confirmed a call between Xi Jinping and Donald Trump, boosting the Australian and New Zealand dollars amid optimism. Markets could face a ‘sell-the-fact’ reaction if expectations aren’t met post-call. – vtmarketsmy.com
Lagarde highlights slowing service sector outlook, while defense investment may raise inflation amid risks
Written on June 5, 2025 at 8:50 pm, by davin
The ECB warns of a slowdown in the services sector, complicating exports with higher tariffs and a stronger euro. Public investments may drive growth but risk increasing inflation, leaving uncertainty ahead. – vtmarketsmy.com
Canada’s trade balance in April showed a deficit of $7.14 billion, which was higher than the expected $1.50 billion.
Written on June 5, 2025 at 7:50 pm, by davin
Canada’s April trade deficit widened unexpectedly to $7.14 billion, driven by a sharp drop in exports. This alarming trend signals potential challenges for exporters amid global demand fluctuations and market volatility. – vtmarketsmy.com
Initial jobless claims increased to 247,000, surpassing expectations, while continuing claims decreased slightly to 1,904,000.
Written on June 5, 2025 at 6:51 pm, by davin
Initial US jobless claims rose to 247,000, surpassing expectations, signaling potential softness in the labor market. The dollar declined as markets adjusted rate expectations, hinting at a possible policy shift ahead. – vtmarketsmy.com
Revisions show a 6.6% rise in US Q1 labor costs, but productivity declined unexpectedly
Written on June 5, 2025 at 6:50 pm, by davin
US labor costs surged 6.6% in Q1, revising previous expectations. Meanwhile, productivity dropped 1.5%, signaling potential inflation pressures ahead. Expect ongoing volatility in markets as costs rise and output falls. – vtmarketsmy.com
