Monthly Archives: June 2025
According to analysis from SYKON Capital and TrendSpider, a major shift in uranium’s trajectory is anticipated.
Written on June 17, 2025 at 9:50 am, by davin
Uranium prices may surge again, driven by strong fundamentals and technical signals. Meanwhile, global equities are shifting away from U.S. dominance, with increasing favor for sectors like Industrials and Utilities. – vtmarketsmy.com
Trump’s early departure from the G7 summit and warnings about Iran affected market sentiments.
Written on June 17, 2025 at 8:52 am, by davin
Oil prices surged due to three ships ablaze in the Gulf of Oman, prompting market concerns. Geopolitical tensions influenced trading, while currencies remained stable despite a drop in the yen against the dollar. – vtmarketsmy.com
GBP/JPY falls to around 196.15 after hitting a five-month peak in late Asian trading
Written on June 17, 2025 at 8:51 am, by davin
GBP/JPY is under pressure after peaking at 196.85, reacting to BoJ’s steady rates at 0.5%. Market uncertainty surrounds UK CPI data and BoE’s anticipated hold on rates at 4.25%. – vtmarketsmy.com
Three vessels on fire in the Gulf of Oman near the Strait of Hormuz, causing oil prices to rise
Written on June 17, 2025 at 8:51 am, by davin
Three ships are reportedly on fire in the Gulf of Oman, impacting oil prices and stirring market speculation. Traders react swiftly, shaping immediate risk and volatility in crude markets. – vtmarketsmy.com
US Dollar Index remains around 98.10, showing a bearish trend against six major currencies
Written on June 17, 2025 at 8:51 am, by davin
The US Dollar Index (DXY) is struggling below key support levels, trading around 98.10. Key resistance at 99.38 could signal a reversal, while Fed decisions will heavily influence future movements. – vtmarketsmy.com
MUFG expects the Bank of Japan to keep rates at 0.5% and modify bond tapering.
Written on June 17, 2025 at 7:51 am, by davin
MUFG forecasts the Bank of Japan will keep interest rates at 0.5% amid economic uncertainty, while slightly adjusting bond purchases. Subtle shifts in guidance may impact market stability and trading strategies. – vtmarketsmy.com
Gold prices have risen in Malaysia, according to recent data analysis.
Written on June 17, 2025 at 7:51 am, by davin
Gold prices in Malaysia rose on Tuesday, with per gram hitting 462.05 MYR. This reflects growing investor caution amid global economic instability, highlighting gold’s enduring appeal as a safe-haven asset. – vtmarketsmy.com
The PBOC set the USD/CNY central rate at 7.1746, stronger than expected.
Written on June 17, 2025 at 7:51 am, by davin
The yuan strengthens to 7.1746 against the USD, its best since March. The PBOC signals cautious optimism with controlled liquidity measures, hinting at stability over drastic interventions in the currency market. – vtmarketsmy.com
Silver price remains below mid-$36.00s for three days during the Asian session
Written on June 17, 2025 at 7:50 am, by davin
Silver (XAG/USD) is hovering near highs, poised for a breakout above $36.90. With potential upward movement toward $37.00, traders should monitor resistance and avoid overcommitting during this tight range. – vtmarketsmy.com
In May, Singapore’s non-oil domestic exports fell unexpectedly, leading to a GDP forecast downgrade for 2025.
Written on June 17, 2025 at 6:52 am, by davin
Singapore’s non-oil exports fell 3.5% in May, contradicting forecasts, prompting a GDP cut for 2025 to 0-2%. Diverging trade flows highlight macroeconomic headwinds and necessitate reevaluation of growth strategies. – vtmarketsmy.com
