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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

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

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

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

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

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

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

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

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

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

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

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