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Monthly Archives: June 2025

Bill Gross expects modest stock gains and slight bond losses due to inflation and economic growth

Written on June 24, 2025 at 8:51 pm, by

Bill Gross forecasts modest stock market growth and stable bond yields around 4.25%, driven by consistent inflation and AI influence. He advises caution against aggressive bets in uncertain markets. – vtmarketsmy.com

Canadian dollar weakens as May inflation figures from Statistics Canada show stability

Written on June 24, 2025 at 8:51 pm, by

The Canadian Dollar is stable amid unchanged inflation data, causing USD/CAD to hover around 1.3710. Traders brace for potential rate cuts as core inflation remains stubbornly high, signaling cautious central banking. – vtmarketsmy.com

GBPUSD hits new daily and yearly highs, showing strong bullish momentum and resistance levels

Written on June 24, 2025 at 8:50 pm, by

The GBPUSD hits new highs, breaching 1.3644, with eyes on 1.3768 resistance. Traders watch for support between 1.36158 and 1.36338 as the market navigates potential volatility. – vtmarketsmy.com

Powell discusses different economic scenarios, focusing on inflation forecasts and uncertainty about rate cuts and stability.

Written on June 24, 2025 at 7:51 pm, by

Inflation pressures are easing but remain inconsistent, leading to cautious talks of interest rate cuts this year. Policymakers are closely monitoring the economy, supply chains, and geopolitical risks before making moves. – vtmarketsmy.com

In May, Canada’s Consumer Price Index inflation held steady at 1.7%, in line with market expectations.

Written on June 24, 2025 at 7:51 pm, by

Canada’s inflation held steady at 1.7% in May, with a monthly rise of 0.6%. The Canadian Dollar showed resilience, but cautious market sentiment lingers due to potential US tariff impacts. – vtmarketsmy.com

Bailey from the BOE believes the labor market is slowing, expecting wage settlements to decline; cable rises by 102 pips to 1.3621.

Written on June 24, 2025 at 7:50 pm, by

BOE Governor Andrew Bailey’s comments on a slowing labor market boosted the British pound and suggest potential wage and inflation shifts. Traders are now adjusting expectations for upcoming economic data. – vtmarketsmy.com

The Richmond Fed report indicates small improvements in manufacturing and services, but negativity remains.

Written on June 24, 2025 at 6:52 pm, by

The Richmond Fed’s manufacturing index showed slight improvement but remains negative, indicating ongoing challenges. Services sector activity also improved slightly, suggesting cautious optimism amid lingering economic uncertainties and rising costs. – vtmarketsmy.com

Pound Sterling strengthens to about 1.3630 against the US Dollar during European trading

Written on June 24, 2025 at 6:51 pm, by

The Pound Sterling has risen to nearly 1.3630 against the US Dollar, fueled by improved market sentiment post-Israel-Iran ceasefire. Traders anticipate Federal Reserve Chairman Powell’s upcoming testimony for further direction. – vtmarketsmy.com

Lane from the ECB expresses confidence in reaching inflation targets despite concerns about services inflation; euro rises by 11 pips to 1.1587 today.

Written on June 24, 2025 at 6:51 pm, by

ECB’s Lane noted slow progress on services inflation, impacting euro movement. Traders remain cautious, focusing on data-driven strategies while awaiting clearer policy signals, suggesting tight market conditions ahead. – vtmarketsmy.com

In May, Canada’s Consumer Price Index rose by 0.6%, surpassing the expected increase of 0.5%

Written on June 24, 2025 at 6:51 pm, by

Canada’s CPI rose 0.6% in May, hinting at persistent inflation. Meanwhile, EUR/USD and GBP/USD climb due to central bank comments, while gold approaches $3,300 amid easing geopolitical tensions. – vtmarketsmy.com

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