Monthly Archives: June 2025
UK mortgage approvals drop to 60.46k as consumer credit rises to £1.6 billion
Written on June 2, 2025 at 3:51 pm, by davin
UK mortgage approvals fell to 60,460 in April, missing expectations. Meanwhile, consumer credit surged to £1.6 billion. The contrasting trends signal a complicated outlook for housing and spending. – vtmarketsmy.com
Europe’s manufacturing sector improves as production increases in major economies despite tariff concerns
Written on June 2, 2025 at 3:50 pm, by davin
The Eurozone manufacturing sector is recovering, with May’s PMI at 49.4 and growth in major economies. However, US tariff concerns and varying national policies may impact future momentum. Stay alert! – vtmarketsmy.com
France’s manufacturing sector shows slight recovery as PMI reaches 49.8 and demand for output increases
Written on June 2, 2025 at 2:51 pm, by davin
France’s manufacturing PMI rose to 49.8, hinting at near-term growth after over a year of contraction. Increased output and improving orders suggest resilience amid challenges in global trade and pricing pressures. – vtmarketsmy.com
Italy’s manufacturing PMI shows slight decline, indicating cautious recovery amid weak domestic demand and employment
Written on June 2, 2025 at 2:50 pm, by davin
Italy’s May manufacturing PMI at 49.2 indicates slow recovery, with output growing for the first time in over a year. While new orders decline, export demand shows promise, hinting at stabilization. – vtmarketsmy.com
Spain’s manufacturing sector experiences growth with improved output, increased confidence, and stable employment conditions
Written on June 2, 2025 at 1:51 pm, by davin
Spain’s manufacturing sector shows signs of recovery, with the PMI rising to 50.5, signaling growth amid decreasing price pressures and improved employment. Optimism grows, but U.S. trade risks linger. – vtmarketsmy.com
The Swiss economy grew by 0.5% in Q1, supported by services and rising exports.
Written on June 2, 2025 at 1:50 pm, by davin
Switzerland’s GDP grew by 0.5% in Q1, exceeding expectations due to strong export activity and a solid services sector. This signals positive economic momentum ahead, influencing monetary policy strategies. – vtmarketsmy.com
The US dollar struggles as support weakens, while the yen declines following bond issuance news
Written on June 2, 2025 at 12:51 pm, by davin
The US Dollar faces pressure as weak jobless claims and expectations for rate cuts impact USDJPY. Traders eye upcoming data to assess potential support levels and market shifts. – vtmarketsmy.com
Europe will release PMIs, while the US session includes important manufacturing data and central bank comments
Written on June 2, 2025 at 12:50 pm, by davin
Final PMI readings for the UK and Europe arrive today, impacting expectations, while US ISM Manufacturing PMI could shift markets significantly. Central bank speeches will also signal monetary policy directions. – vtmarketsmy.com
Eurostoxx futures drop 0.5% in early European trading, while German DAX futures decline 0.4%
Written on June 2, 2025 at 11:51 am, by davin
European and US equity futures start June on a down note, influenced by trade tensions and remarks about China’s trade agreements. Market volatility remains contained, presenting opportunities for savvy traders. – vtmarketsmy.com
UK house prices rose by 0.5%, exceeding expectations due to favorable conditions for buyers.
Written on June 2, 2025 at 11:50 am, by davin
UK house prices rose 0.5% in May, defying expectations and indicating strong buyer confidence. Despite global uncertainties, mortgage approvals suggest a resilient market, hinting at steady demand in housing. – vtmarketsmy.com
