Monthly Archives: June 2025
The Asian market stays quiet, awaiting ECB decisions, even as China’s Services PMI shows growth
Written on June 5, 2025 at 11:51 am, by davin
Major currencies remained stable amid limited news, focusing on Japan’s rising wages offset by inflation and China’s mixed service sector data. The ECB rate cut is anticipated, impacting future market strategies. – vtmarketsmy.com
Kugler and Harker will speak about economic matters and policies at upcoming events.
Written on June 5, 2025 at 11:50 am, by davin
Federal Reserve officials will address key economic topics today, potentially shifting rate expectations. Market participants are advised to stay flexible as speeches could reveal crucial insights impacting monetary policy and banking stability. – vtmarketsmy.com
PBOC may cut RRR to support liquidity in 2025, according to a state media report.
Written on June 5, 2025 at 10:50 am, by davin
The People’s Bank of China may cut reserve requirements in late 2025 to boost liquidity, facilitating economic recovery. This strategic move aims to support lending and stabilize the financial environment. – vtmarketsmy.com
Dividend Adjustment Notice – Jun 05 ,2025
Written on June 5, 2025 at 10:10 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
China’s services sector improves in May, but foreign demand contracts for the first time this year
Written on June 5, 2025 at 9:51 am, by davin
China’s May 2025 PMI shows modest service sector growth but warns of declining foreign demand. Rising input costs and falling prices threaten profit margins as manufacturing activity slows, signaling mixed economic signals. – vtmarketsmy.com
In April, Australia saw a 2.4% decrease in exports and a 3.7% increase in household spending.
Written on June 5, 2025 at 9:50 am, by davin
Australia’s April 2025 trade surplus of AUD 5.41 billion missed expectations, impacted by a 2.4% drop in exports and a modest rise in imports. Despite this, household spending showed resilience. – vtmarketsmy.com
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 davin
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 davin
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 davin
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 ahmad
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
