Monthly Archives: June 2025
Canada could begin its first LNG production in Kitimat, offering Asia alternative energy sources.
Written on June 18, 2025 at 6:51 pm, by davin
Canada’s LNG production is set to begin mid-2025, offering cleaner alternatives to Asian markets. With significant investments and shorter shipping routes, it’s reshaping global supply dynamics amid environmental scrutiny. – vtmarketsmy.com
Geopolitical tensions, including US-Iran exchanges, keep WTI oil prices near $74.00
Written on June 18, 2025 at 6:50 pm, by davin
WTI crude oil prices hover around $74, rising due to tensions over US-Iran conflict. Supply fears and geopolitical risks could drive prices higher, with potential implications for energy markets ahead. – vtmarketsmy.com
US housing starts drop to 1.256 million, the lowest since 2020, as permits decline
Written on June 18, 2025 at 5:51 pm, by davin
US housing starts fell to 1.256 million in May, the lowest since 2020, highlighting a struggling market. Even with low mortgage rates, builder sentiment and permits are declining sharply. – vtmarketsmy.com
Scotiabank analysts suggest the Japanese Yen is gaining strength despite weak USD conditions.
Written on June 18, 2025 at 5:51 pm, by davin
The Japanese Yen rises 0.3% against G10 currencies, driven by positive trade data and a weaker US Dollar. Inflation pressures loom as CPI figures await, impacting market dynamics. – vtmarketsmy.com
The U.S. dollar weakens as the Federal Reserve prepares for its interest rate decision
Written on June 18, 2025 at 5:51 pm, by davin
The Federal Reserve maintains interest rates, causing the U.S. dollar to weaken against major currencies. Mortgage applications drop while housing data suggests cautious optimism. Geopolitical tensions may impact markets soon. – vtmarketsmy.com
Pound Sterling rises 0.3% against US Dollar as NA session approaches
Written on June 18, 2025 at 5:50 pm, by davin
Pound Sterling rises 0.3% against the US Dollar after unexpected inflation spikes. As rate cuts anticipate easing, technical support and resistance levels suggest potential market volatility ahead. – vtmarketsmy.com
The dollar weakened slightly due to cautious market sentiment and geopolitical tensions, especially regarding Iran and Israel.
Written on June 18, 2025 at 4:51 pm, by davin
The dollar dipped as market caution lingered amid geopolitical tensions, while European stocks fluctuated. Inflation figures met expectations. Traders brace for key US jobless data and central bank decisions amidst uncertainty. – vtmarketsmy.com
Mario Centeno raises concerns about Europe’s economic growth and inflation staying under 2%
Written on June 18, 2025 at 4:51 pm, by davin
Mario Centeno warns that without economic growth, inflation won’t hit the ECB’s 2% target, raising concerns for the Euro. Traders should stay alert to potential shifts in ECB policy and Euro stability. – vtmarketsmy.com
An agreement on auto tariffs between the UK and US is expected to take effect soon, but steel issues persist.
Written on June 18, 2025 at 4:51 pm, by davin
The UK and US are nearing a 10% automotive tariff deal, easing trade tensions. However, unresolved steel and aluminum tariffs remain a concern, keeping market volatility in play. – vtmarketsmy.com
Scotiabank reports a slight 0.2% increase in the Euro against the US Dollar due to mild USD weakness.
Written on June 18, 2025 at 4:50 pm, by davin
The Euro rose 0.2% against the Dollar, bolstered by stable inflation data. With focus shifting to future rate changes, traders should watch key resistance levels and market dynamics closely. – vtmarketsmy.com
