Monthly Archives: June 2025
Gold stabilizes just below $3,400 per troy ounce, says Commerzbank.
Written on June 20, 2025 at 5:51 pm, by davin
Gold prices hover near $3,400 amid geopolitical uncertainty, with potential Middle East tensions fueling demand. Upcoming Chinese trade data could influence market movements, but volatility and cautious buying are expected. – vtmarketsmy.com
Retail sales in Canada rose by 0.3%, falling short of the expected 0.5% increase.
Written on June 20, 2025 at 5:51 pm, by davin
Canada’s retail sales rose 0.3% in April, missing expectations and suggesting weakening consumer spending, particularly in discretionary areas. May forecasts indicate a further decline, hinting at economic fragility. – vtmarketsmy.com
Brent oil price reaches a five-month high amid rising military tensions between Israel and Iran
Written on June 20, 2025 at 5:50 pm, by davin
Brent Oil hits $79 per barrel amid escalating Israel-Iran tensions, raising fears of supply disruptions and potential blockades in the Strait of Hormuz. Traders brace for volatility in energy markets. – vtmarketsmy.com
An Iranian official is open to discussing limitations on uranium enrichment, noting the growing influence of Europe amid tensions.
Written on June 20, 2025 at 4:51 pm, by davin
Iran’s willingness to discuss uranium enrichment limits amid tensions with the US and Israel has led to decreased oil prices and optimistic market reactions as diplomatic talks in Geneva approach. – vtmarketsmy.com
Russia’s central bank surprises with a rate cut while maintaining a hawkish stance, analysts say
Written on June 20, 2025 at 4:51 pm, by davin
Russia’s central bank cut rates unexpectedly as inflation dropped to 4.5%. A potential further cut in July could influence economic forecasts, but the rouble remains stable amid steady trade dynamics. – vtmarketsmy.com
Markets remain cautious ahead of the weekend with little activity in major currencies and stocks.
Written on June 20, 2025 at 4:51 pm, by davin
Markets are cautious amid geopolitical tensions and mixed economic signals. Japan eases bond issuance, while UK retail sales disappoint. European currencies strengthen despite stagnant commodity prices, indicating low-risk appetite persists. – vtmarketsmy.com
EUR/USD faces resistance at 1.1530 despite three days of rising, due to geopolitical tensions
Written on June 20, 2025 at 4:50 pm, by davin
The EUR/USD struggles to surpass 1.1530 amidst geopolitical tensions and rising oil prices. Market uncertainties coupled with inflation concerns signal a potential dip, urging cautious trading strategies ahead. – vtmarketsmy.com
Next week, key economic releases such as PMIs, CPI data, and US jobless claims could influence market expectations.
Written on June 20, 2025 at 3:51 pm, by davin
This week is vital for economic indicators, with key data releases from the US, Canada, Australia, and Japan potentially shaping market expectations and influencing central bank policies on inflation and interest rates. – vtmarketsmy.com
Commerzbank’s Michael Pfister reports that the Bank of England has decided to keep interest rates unchanged.
Written on June 20, 2025 at 3:51 pm, by davin
The Bank of England’s decision to hold interest rates steady hints at a potential cut in August, driven by weak growth and a cooling labor market, pressuring the pound’s strength. – vtmarketsmy.com
Japan plans to cut super-long JGB issuance for 2025 by 3.2 trillion yen, expecting little market impact.
Written on June 20, 2025 at 3:51 pm, by davin
Japan will cut its super-long bond issuance by 3.2 trillion yen in 2025, shifting focus to shorter maturities to maintain market stability. This move could reshape trading strategies in yen rates markets. – vtmarketsmy.com
