Monthly Archives: June 2025
New Zealand’s Prime Minister plans to discuss trade and regional issues with Xi Jinping.
Written on June 20, 2025 at 12:51 pm, by davin
New Zealand PM Christopher Luxon’s upcoming meeting with China’s Xi Jinping is pivotal for deepening trade ties while addressing geopolitical tensions, underscoring the importance of stable economic relations for both nations. – vtmarketsmy.com
WTI futures rebound towards $73.70 during Asian trading after initial losses from White House comments
Written on June 20, 2025 at 12:51 pm, by davin
WTI oil prices are at $73.70, boosted by easing US-Iran tensions. A potential rise to $77 or $80 looms if it breaks resistance at $75.54, although risks remain below $71.20. – vtmarketsmy.com
JP Morgan expects the dollar to decline further due to slowing U.S. growth and differing global policies
Written on June 20, 2025 at 11:51 am, by davin
JP Morgan warns of a potential long-term decline for the U.S. dollar due to slowing growth, reduced interest in U.S. assets, and favorable conditions for other currencies. Watch for shifts ahead! – vtmarketsmy.com
Gold prices in the Philippines have declined, according to the latest available data.
Written on June 20, 2025 at 11:51 am, by davin
Gold prices in the Philippines dropped significantly, driven by a stronger US Dollar and rising Treasury yields. Investors should monitor macroeconomic indicators to gauge future trends in gold pricing. – vtmarketsmy.com
Gold prices in the United Arab Emirates decreased today, according to market data.
Written on June 20, 2025 at 10:51 am, by davin
Gold prices are influenced by interest rates, geopolitical tensions, and the US Dollar’s strength. Central banks remain significant buyers, while recent market shifts suggest potential short-term upward movement in prices. – vtmarketsmy.com
JPY bulls show weak commitment despite strong domestic CPI and rising Middle East tensions
Written on June 20, 2025 at 10:50 am, by davin
The Japanese Yen is strengthening amid rising CPI and potential rate hikes, yet cautious Bank of Japan policies delay action until 2026. Geopolitical tensions and US tariffs complicate prospects. – vtmarketsmy.com
Calm news from the Middle East boosts risk assets and positively impacts the US dollar and equities
Written on June 20, 2025 at 9:51 am, by davin
Calm in the Middle East is easing pressure on the US dollar, boosting risk-oriented assets. Traders are cautiously optimistic, but they must stay alert to potential geopolitical shifts that could disrupt market stability. – vtmarketsmy.com
Gold prices decline in Pakistan, according to market data
Written on June 20, 2025 at 9:51 am, by davin
Gold prices in Pakistan fell, reflecting global economic tensions and steady US interest rates. Traders should prepare for potential volatility due to geopolitical risks and possible shifts in market sentiment. – vtmarketsmy.com
The yuan’s reference rate is set at 7.1695, which is lower than the expected 7.1801.
Written on June 20, 2025 at 9:51 am, by davin
The People’s Bank of China actively manages the yuan’s exchange rate within a controlled band, recently injecting funds while tightening liquidity. This signals cautious monetary policy amid ongoing economic stability efforts. – vtmarketsmy.com
Australian dollar strengthens after China’s interest rate decision, despite rising tensions in the Middle East
Written on June 20, 2025 at 9:51 am, by davin
The Australian Dollar stabilized after China’s Loan Prime Rates were unchanged, but Middle East tensions may strengthen the US Dollar. Both currencies face economic and geopolitical challenges ahead. – vtmarketsmy.com