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 davin
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 davin
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 davin
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 davin
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 davin
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 davin
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 davin
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 davin
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 davin
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 davin
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