Monthly Archives: June 2025
Most European indices rise today, but UK FTSE 100 falls due to weak retail sales
Written on June 21, 2025 at 2:51 am, by davin
European indices showed mixed results, with most experiencing weekly losses. Caution prevails among traders as consumer strength fades, while US markets offer little direction. Patience and strategic trading are advised. – vtmarketsmy.com
CarMax earnings per share exceed estimates, rising to $1.38 from $0.97 last year
Written on June 21, 2025 at 2:50 am, by davin
CarMax’s quarterly earnings of $1.38 beat expectations, indicating solid performance despite a 21.3% drop in stock value this year. Meanwhile, Domino’s faces declining profits but rising revenue. – vtmarketsmy.com
Euro declines against the British Pound despite poor UK retail sales data.
Written on June 21, 2025 at 1:50 am, by davin
The Euro dipped against the British Pound despite disappointing UK retail sales. Market focus shifts to upcoming economic data, influencing expectations for ECB and BoE decisions. Stay tuned for key insights! – vtmarketsmy.com
Sellers push GBPUSD below the 100-hour moving average, targeting key support around 1.3455
Written on June 21, 2025 at 12:51 am, by davin
GBPUSD faces critical resistance near 1.3513, testing support at 1.3455 amidst UK inflation concerns and poor retail sales. Sellers dominate, suggesting potential further declines if crucial levels are breached. – vtmarketsmy.com
Canada’s New Housing Price Index fell from -0.6% to -1% in May.
Written on June 21, 2025 at 12:51 am, by davin
Canada’s housing prices dropped 1% in May, signaling ongoing market softness, while gold surged to $3,370 amid Middle Eastern tensions. Currency pairs face volatility, reflecting cautious investor sentiment. – vtmarketsmy.com
Waller discusses potential Fed rate cuts starting in July, according to a CNBC interview
Written on June 21, 2025 at 12:50 am, by davin
Federal Reserve Governor Waller hints at possible rate cuts by July due to weakening job creation and steady inflation. This shift, signaling a dovish stance, impacts market expectations and the US Dollar. – vtmarketsmy.com
Fed report shows tariffs are hurting household and business confidence in a complex market
Written on June 20, 2025 at 11:51 pm, by davin
The Federal Reserve’s report reveals fragile market liquidity, impacted by tariffs, with trading depth dwindling. Despite inflation pressures and a shaky outlook, the job market remains resilient and consumer spending solid. – vtmarketsmy.com
April’s Canada retail sales increased by 0.3%, which was below the expected 0.4% increase.
Written on June 20, 2025 at 11:51 pm, by davin
Canada’s April retail sales increased by 0.3%, below the expected 0.4%. While consumer spending shows resilience amid tight economic conditions, this slight shortfall may impact future investment strategies. – vtmarketsmy.com
US stocks opened strong, but the S&P 500 quickly dropped close to yesterday’s low amid rising tensions.
Written on June 20, 2025 at 11:51 pm, by davin
US stocks opened strong but fell back, highlighting cautious market sentiment amid geopolitical tensions and monthly options expiration. Investors are favoring safe-haven assets, anticipating volatility ahead. – vtmarketsmy.com
Canada’s retail sales excluding automobiles fell by 0.3% in April, missing expectations.
Written on June 20, 2025 at 11:50 pm, by davin
Geopolitical tensions, especially between Israel and Iran, are causing market declines and affecting consumer spending, as seen in Canada’s retail sales. Gold prices rise amid uncertainty, while tokenised treasuries gain traction. – vtmarketsmy.com
