Monthly Archives: June 2025
Year-on-year, the United States Redbook Index increased from 4.7% to 5.2%
Written on June 17, 2025 at 11:50 pm, by davin
US retail sales surged, with the Redbook Index rising to 5.2%, but global markets are shaky amid geopolitical tension. Currency fluctuations and gold’s persistence under $3,400 reveal ongoing volatility. – vtmarketsmy.com
The Bank of Canada observes continued inflation pressures, and uncertainties may require future interest rate cuts.
Written on June 17, 2025 at 10:51 pm, by davin
The Bank of Canada held interest rates at 2.75%, with a slim chance of a cut by July. Trade negotiations could impact inflation and future rate decisions, emphasizing monitoring economic signals. – vtmarketsmy.com
US retail sales fall by 0.9% to $715.4 billion, exceeding market decline expectations
Written on June 17, 2025 at 10:51 pm, by davin
US Retail Sales fell by 0.9% in May, indicating weakened consumer demand. With annual growth slowing, market uncertainty lingers as traders await clearer economic signals. – vtmarketsmy.com
Netanyahu says US involvement in the conflict is imminent, affecting Iran’s negotiation stance and forex markets
Written on June 17, 2025 at 10:51 pm, by davin
Netanyahu hints at imminent US conflict involvement, raising market volatility and safe-haven demand. Iran’s conditions fuel uncertainty, prompting traders to recalibrate risk models for geopolitical instability ahead. – vtmarketsmy.com
Canadian portfolio investment in foreign securities decreased from $15.63 billion to $4.1 billion in April.
Written on June 17, 2025 at 10:50 pm, by davin
Canada’s portfolio investment in foreign securities dropped sharply to $4.1 billion, reflecting global financial shifts. Meanwhile, currencies like AUD/USD and GBP/USD are seeing declines, with commodities like gold offering safe-haven stability. – vtmarketsmy.com
GBP/USD is testing trend line support, suggesting possible downside movement as sellers gain momentum
Written on June 17, 2025 at 9:51 pm, by davin
GBPUSD is declining as it tests crucial support. A breach could empower sellers, targeting levels around 1.3441 and 1.3391. Traders must watch price behavior closely for direction and volatility. – vtmarketsmy.com
In May, the yearly import price index in the United States increased from 0.1% to 0.2%
Written on June 17, 2025 at 9:51 pm, by davin
In May, US import prices rose slightly, indicating potential inflation pressures. Geopolitical tensions led to currency fluctuations, while gold prices increased amid uncertainty. China’s mixed economic data further complicates market dynamics. – vtmarketsmy.com
United States Import Price Index shows unexpected stability at 0% for May, defying predictions
Written on June 17, 2025 at 9:50 pm, by davin
US import prices stabilized at 0%, defying expectations and hinting at subdued inflation. Meanwhile, geopolitical tensions boosted the dollar, causing declines in AUD/USD and GBP/USD. Gold stayed steady amidst uncertainty. – vtmarketsmy.com
Atlanta Fed lowers second-quarter forecast to 3.5% due to high uncertainty and negative sentiment
Written on June 17, 2025 at 8:51 pm, by davin
The Atlanta Fed’s GDPNow second-quarter estimate dropped to 3.5%, reflecting reduced consumer and government spending. Despite this, investment shows stabilization, hinting at a cooling economy rather than a retreat. – vtmarketsmy.com
Canadian securities foreign portfolio investment reported at -$0.01 billion, exceeding predictions
Written on June 17, 2025 at 8:51 pm, by davin
Canada’s April investment outflow was milder than expected, signaling cautious optimism in Canadian securities. Meanwhile, China’s mixed economic signals point to sustained growth, despite property market pressures. – vtmarketsmy.com