Monthly Archives: June 2025
In the first quarter of 2025, New Zealand’s current account recorded a deficit of $2.324 billion as traders monitor global factors affecting the Kiwi dollar.
Written on June 18, 2025 at 7:51 am, by davin
New Zealand’s Q1 current account deficit improved to -2.324 billion, signaling reduced net outflows. This progress could stabilize the economy, although deeper structural deficits remain a concern for currency vulnerability. – vtmarketsmy.com
Westpac-McDermott Miller survey shows a slight increase in New Zealand consumer confidence, but pessimism remains
Written on June 18, 2025 at 6:51 am, by davin
New Zealand’s consumer sentiment slightly improved to 91.2, but remains pessimistic due to economic uncertainty. Households are adapting, though cautious spending persists, signaling limited short-term economic optimism. – vtmarketsmy.com
Iran may retaliate by laying mines in the Strait of Hormuz, impacting oil prices.
Written on June 18, 2025 at 5:50 am, by davin
Escalating US-Iran tensions could disrupt oil supply through the crucial Strait of Hormuz, driving prices up significantly. Traders should stay alert for market shifts and potential investment opportunities amid uncertainty. – vtmarketsmy.com
Concerns about US-Iran involvement affected markets, leading to a decline in GBUSD and a rise in oil prices.
Written on June 18, 2025 at 4:51 am, by davin
Geopolitical tensions spurred the USD’s rise and a surge in oil prices, while U.S. retail sales underperformed. Attention now shifts to the Federal Reserve’s imminent rate decision amidst market volatility. – vtmarketsmy.com
Private survey shows significant crude oil draw amid war-related price impacts
Written on June 18, 2025 at 4:50 am, by davin
The American Petroleum Institute’s survey indicates a significant drop in U.S. crude oil stocks ahead of official government data, hinting at tighter supply and potential market volatility due to geopolitical pressures. – vtmarketsmy.com
Speculation surrounds US involvement in the Iran conflict after Trump’s talks about targeting nuclear sites.
Written on June 18, 2025 at 3:52 am, by davin
The potential for U.S. military action against Iran is escalating, with Trump considering strikes on nuclear sites. Iran threatens retaliation, prompting volatility in energy contracts and financial markets. – vtmarketsmy.com
The Indian rupee falls against the US dollar amid rising geopolitical tensions and oil prices
Written on June 18, 2025 at 3:51 am, by davin
The Indian Rupee weakens against the dollar amid Middle East tensions and rising oil prices, hitting 86.47. Market volatility suggests potential future challenges for the Rupee and economic positioning. – vtmarketsmy.com
US stock markets decline amid fears over Iran, with S&P 500 dropping 0.8% and others following
Written on June 18, 2025 at 3:51 am, by davin
US stock markets tumbled as geopolitical tensions with Iran surged, following President Trump’s ultimatum. The S&P 500, Nasdaq, and other indices faced significant declines, signaling increased market volatility and risk aversion. – vtmarketsmy.com
Traders analyze mixed US retail sales data while CAD remains stable against USD
Written on June 18, 2025 at 3:50 am, by davin
USD/CAD hovers around 1.3575 amid mixed US Retail Sales data and rising Oil prices, as traders await the Federal Reserve’s rate decision. Watch for geopolitical influences and technical signals. – vtmarketsmy.com
April’s US business inventories meet expectations with no change at 0%
Written on June 18, 2025 at 2:51 am, by davin
US business inventories showed no change, reflecting stability amid geopolitical tensions impacting currencies and commodities. Traders remain cautious ahead of central bank decisions; gold and Bitcoin exhibit limited movements. – vtmarketsmy.com
