Monthly Archives: June 2025
US mortgage applications dropped by 2.6% as rates decline and indices follow suit.
Written on June 18, 2025 at 3:51 pm, by davin
Mortgage applications in the U.S. dropped 2.6% despite a slight decrease in rates, indicating borrower hesitancy and economic uncertainty. This trend suggests a complex relationship between rates and consumer demand for loans. – vtmarketsmy.com
Scotiabank strategists say the Canadian Dollar remains stable after past fluctuations.
Written on June 18, 2025 at 3:51 pm, by davin
The Canadian Dollar holds steady despite a recovering USD, which appears overvalued. With interest rates likely unchanged, market watchers await geopolitical and inflation impacts while navigating risks of currency trading volatility. – vtmarketsmy.com
Gold remains the most popular trade for three months in a row, despite various market concerns including inflation.
Written on June 18, 2025 at 3:51 pm, by davin
Gold remains the most favored investment amidst stagflation fears, with shifts towards inflation risks and credit strain challenging traders. Caution is advised for dollar short positions despite its stable performance. – vtmarketsmy.com
GBP/USD stabilizes at crucial support after reaching a three-week low, as central bank rate decisions loom.
Written on June 18, 2025 at 3:50 pm, by davin
GBP/USD rebounds after a low of 1.3415, driven by weak UK inflation and a softer US dollar. Central banks maintain rates, but cautious market sentiment may lead to volatility ahead. – vtmarketsmy.com
Panetta from the ECB says decisions will be made flexibly in response to upcoming macroeconomic risks.
Written on June 18, 2025 at 2:51 pm, by davin
The ECB plans to adapt its monetary policy flexibly at each meeting, responding to evolving macroeconomic risks and geopolitical tensions, emphasizing data dependency and market volatility in interest rate decisions. – vtmarketsmy.com
The FOMC meeting is expected to be uneventful, with interest rates remaining steady at 4.25-4.50%.
Written on June 18, 2025 at 2:51 pm, by davin
The Federal Reserve is likely to maintain interest rates at 4.25-4.50%, despite inflation concerns. Market focus shifts to future rate cut forecasts, impacting the dollar and treasury yields. – vtmarketsmy.com
European indices open with minor fluctuations as investors await US actions on Iran and Israel.
Written on June 18, 2025 at 2:50 pm, by davin
European markets were steady amid geopolitical tensions, while S&P 500 futures rose slightly. Upcoming Federal Reserve policies create uncertainty, with traders on alert for any impactful news. – vtmarketsmy.com
Today’s market events include UK CPI data, US jobless claims, the Fed’s rate decision, and geopolitical tensions.
Written on June 18, 2025 at 1:52 pm, by davin
UK CPI aligns with expectations, while US jobless claims show mixed signals amid summer hiring challenges. Markets await the Fed’s decision, geopolitical tensions rise, but cautious trading prevails. – vtmarketsmy.com
US stocks declined amid the ongoing Israel-Iran conflict, while Chevron surged with rising oil prices.
Written on June 18, 2025 at 1:51 pm, by davin
US stocks dipped amid ongoing Israel-Iran tensions as oil prices surged, raising inflation concerns. Chevron’s stock rose 1.8% on the oil rally, hinting at potential challenges ahead for the economy. – vtmarketsmy.com
UK inflation figures indicate a drop in May, but challenges for the BOE persist
Written on June 18, 2025 at 1:51 pm, by davin
UK inflation is set to slightly drop in May, easing pressures. While price corrections allow for this decline, the Bank of England remains cautious, monitoring persistent cost factors before any policy changes. – vtmarketsmy.com
