Monthly Archives: June 2025
Sellers of AUD/USD missed their chance as buyers regain control and test key moving averages
Written on June 20, 2025 at 8:51 pm, by davin
The AUD/USD is navigating critical support and resistance levels, recently bouncing from key moving averages. Watch for volatility as market reactions could dictate the next significant price movement. – vtmarketsmy.com
Commerzbank’s Carsten Fritsch notes that platinum has reached an 11-year peak, raising concerns over ETF withdrawals.
Written on June 20, 2025 at 8:50 pm, by davin
Platinum prices soared to an 11-year high before retreating, signaling potential volatility ahead. Significant ETF outflows suggest investors are cashing in, indicating caution amid uncertain market dynamics. – vtmarketsmy.com
US equity futures rise, including S&P and Nasdaq, after Waller’s dovish remarks.
Written on June 20, 2025 at 7:51 pm, by davin
US equity futures are up, driven by optimistic comments on potential rate cuts from Fed Governor Waller, with small-cap stocks surging. Expect shifts in volatility and market positioning next week. – vtmarketsmy.com
Commerzbank analyst Carsten Fritsch highlights expected increase in gold purchases by central banks within a year
Written on June 20, 2025 at 7:51 pm, by davin
A recent World Gold Council survey found that 95% of central banks plan to increase gold reserves, with over 40% intending to buy more soon, highlighting gold’s growing strategic importance. – vtmarketsmy.com
Commerzbank’s Thu Lan Nguyen notes that gold prices remained mostly stable after the Fed’s meeting.
Written on June 20, 2025 at 7:50 pm, by davin
Gold prices remain stable as the Fed holds interest rates steady, with potential cuts supporting value. Market uncertainties and geopolitical tensions push investors towards safe assets like Gold amid fluctuating currency pairs. – vtmarketsmy.com
USD dips slightly as Fed Governor Waller hints at potential rate cuts soon
Written on June 20, 2025 at 6:51 pm, by davin
Governor Waller’s dovish comments on potential rate cuts ignited market optimism, boosting equity indices despite a modest dollar decline. Currency movements suggest a shift in trader sentiment and positioning dynamics. – vtmarketsmy.com
Commerzbank reports a sharp decrease of 11.5 million barrels in US crude oil inventories.
Written on June 20, 2025 at 6:51 pm, by davin
US crude oil inventories plunged 11.5 million barrels last week, the largest drop in a year, fueled by declining imports and rising exports. A tight supply could impact future pricing. – vtmarketsmy.com
Waller supports discussing rate cuts in July, worried about waiting until the job market weakens
Written on June 20, 2025 at 6:51 pm, by davin
Chris Waller suggests considering a rate cut at the Fed’s July meeting, arguing that current inflation trends and job market concerns warrant preemptive action. This shift could reshape monetary policy expectations. – vtmarketsmy.com
Barbara Lambrecht of Commerzbank comments on the IEA’s forecast, predicting that oil demand will peak by the end of the decade.
Written on June 20, 2025 at 6:50 pm, by davin
Global oil demand is set to peak by 2030, with India leading growth despite consuming less than China. A significant capacity increase will challenge traditional market dynamics, requiring strategic adjustments. – vtmarketsmy.com
Canadian producer price index falls by 0.5%, defying expectations of a 0.1% increase
Written on June 20, 2025 at 5:51 pm, by davin
Canada’s Producer Price Index dropped 0.5% in May, surprising analysts. While raw material prices are declining less sharply, this trend hints at lower costs for consumers in the future. – vtmarketsmy.com
