Monthly Archives: June 2025
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 davin
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 davin
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
Asian economic updates highlight China’s May Caixin Services PMI release, comparing it with official and Caixin indices.
Written on June 5, 2025 at 3:51 am, by davin
China’s May PMI data reveals mixed signals: slight manufacturing growth contrasts with a decline in services. Stimulus plans are anticipated soon, prompting market speculation on economic stability and sector performance. – vtmarketsmy.com
Analysts predict Dogecoin’s price may fluctuate between $0.20 and $0.26 in the future.
Written on June 5, 2025 at 3:50 am, by davin
Dogecoin (DOGE) hovers near 19 cents, eyeing a potential rise to $0.20. Market volatility looms, with predictions fluctuating between $0.18 and $0.26. Traders should watch for key support levels and market reactions. – vtmarketsmy.com
Optimism grows for a new Canada-US trade agreement as discussions advance on reducing tariffs
Written on June 5, 2025 at 2:51 am, by davin
Alberta’s Premier Smith is optimistic about a US-Canada trade deal possibly before the G7 summit. This could stabilize trade and strengthen the Canadian dollar by reducing tariffs on steel. – vtmarketsmy.com
Economic activity slightly declined due to uncertainty impacting hiring and consumer spending in all districts.
Written on June 5, 2025 at 2:50 am, by davin
Economic activity is slowing, with mixed consumer spending and steady employment amid uncertainty. Tariffs are raising prices, affecting manufacturing and investment. Companies remain cautious about hiring and market direction. – vtmarketsmy.com
Bank of America expects a payroll increase of 150K, despite possible job uncertainties from tariffs
Written on June 5, 2025 at 1:50 am, by davin
Bank of America predicts 150,000 job gains in May, above expectations but below April’s numbers, amid tariff-related hiring caution. The labor market remains stable, but uncertainty looms, suggesting careful investment strategy. – vtmarketsmy.com
A report shows that Saudi Arabia is pushing for significant production increases to gain market share, which is causing oil prices to decline while staying within a certain range.
Written on June 5, 2025 at 12:51 am, by davin
Saudi Arabia plans to boost oil production by 411,000 barrels daily, aiming to strengthen market share, resulting in fluctuating oil prices. Watch for demand responses that could impact future volatility. – vtmarketsmy.com
The BOC Governor reviews inflation reports, noting volatility and showing cautious optimism about the CAD’s impact.
Written on June 5, 2025 at 12:50 am, by davin
Bank of Canada Governor Tiff Macklem highlights inflation volatility, urging focus on long-term trends. With a 40% chance of a July rate cut, he emphasizes cautious policy amidst economic uncertainties, including wildfires. – vtmarketsmy.com
Weekly US oil inventories reveal unexpected drops in crude oil, along with significant rises in gasoline and distillates.
Written on June 4, 2025 at 11:51 pm, by davin
US oil data shows a larger-than-expected drop in crude inventories, while gasoline and distillate stocks surged. This mixed signal suggests volatility ahead, as refiners struggle with demand predictions. – vtmarketsmy.com