Monthly Archives: June 2025
Canada’s trade balance in April showed a deficit of $7.14 billion, which was higher than the expected $1.50 billion.
Written on June 5, 2025 at 7:50 pm, by davin
Canada’s April trade deficit widened unexpectedly to $7.14 billion, driven by a sharp drop in exports. This alarming trend signals potential challenges for exporters amid global demand fluctuations and market volatility. – vtmarketsmy.com
Initial jobless claims increased to 247,000, surpassing expectations, while continuing claims decreased slightly to 1,904,000.
Written on June 5, 2025 at 6:51 pm, by davin
Initial US jobless claims rose to 247,000, surpassing expectations, signaling potential softness in the labor market. The dollar declined as markets adjusted rate expectations, hinting at a possible policy shift ahead. – vtmarketsmy.com
Revisions show a 6.6% rise in US Q1 labor costs, but productivity declined unexpectedly
Written on June 5, 2025 at 6:50 pm, by davin
US labor costs surged 6.6% in Q1, revising previous expectations. Meanwhile, productivity dropped 1.5%, signaling potential inflation pressures ahead. Expect ongoing volatility in markets as costs rise and output falls. – vtmarketsmy.com
In April, the US trade balance improved despite falling imports and changing currency values.
Written on June 5, 2025 at 5:51 pm, by davin
In April 2025, the US trade balance improved more than expected, narrowing to -61.6 billion USD. Key factors included a significant drop in imports, particularly in consumer goods. However, long-term trade deficits pose concerns. – vtmarketsmy.com
The ECB lowers key interest rates by 25 basis points, meeting inflation expectations.
Written on June 5, 2025 at 5:50 pm, by davin
The ECB cut key rates by 25 basis points, signaling confidence in easing price pressures while projecting stable inflation and modest GDP growth. Market volatility expected to remain low amid strategic adjustments. – vtmarketsmy.com
A survey shows that many companies have passed tariffs onto customers, causing significant price increases for goods.
Written on June 5, 2025 at 4:50 pm, by davin
Businesses quickly raised prices in response to tariffs, affecting even non-tariffed goods. Inflation pressures may persist, complicating the Fed’s efforts to stabilize prices around the 2% target. – vtmarketsmy.com
Traders monitor Bitcoin’s consolidation while anticipating economic reports that could influence market sentiment and trends.
Written on June 5, 2025 at 3:50 pm, by davin
Bitcoin’s upward momentum is paused as traders await key US economic data, with potential for volatility from inflation concerns. Short-term shifts may affect prices, but the overall trend remains upward. – vtmarketsmy.com
Saudi Arabia’s production increase has had little impact on crude oil prices, which are primarily driven by demand trends.
Written on June 5, 2025 at 2:51 pm, by davin
Crude oil prices remain stable despite Saudi Arabia’s push for increased production. Traders are focused on demand forecasts, with current trading confined between $62.18 and $64.00, awaiting a breakout. – vtmarketsmy.com
Germany’s construction sector experiences mixed recovery: civil engineering improves while residential sector struggles.
Written on June 5, 2025 at 2:50 pm, by davin
Germany’s construction sector sees a PMI drop to 44.4, signaling ongoing struggles in homebuilding and commercial projects. Yet, civil engineering shows recovery hints, with cautious optimism for future growth. – vtmarketsmy.com
Recent trade tensions increased gold prices, which are currently stabilizing. Upcoming economic data may affect its movement.
Written on June 5, 2025 at 1:51 pm, by davin
Gold remains in a consolidation phase following a Monday rally, with market stability amidst trade tensions. Upcoming US economic data could determine its trajectory towards new highs or a potential decline. – vtmarketsmy.com