Monthly Archives: June 2025
South Korea’s money supply growth in April reached 5.8%, up from 4.9% previously
Written on June 16, 2025 at 7:50 am, by davin
South Korea’s money supply growth accelerated to 5.8% in April, boosting liquidity. The EUR/USD climbed above 1.1550 as the dollar weakened. Market tensions heighten ahead of central bank decisions. – vtmarketsmy.com
China’s home prices dropped 3.5% year-on-year amid ongoing housing market struggles
Written on June 16, 2025 at 6:53 am, by davin
China’s new home prices fell 3.5% year-on-year in May, showing some improvement. Guangzhou’s drastic policy changes signal potential shifts in the housing market, reflecting broader economic uncertainties ahead. – vtmarketsmy.com
WTI crude oil trades above $72.00 amid rising tensions between Israel and Iran
Written on June 16, 2025 at 6:52 am, by davin
WTI oil is now around $72.15, driven by Israeli strikes on Iranian gas facilities and potential Strait of Hormuz closures. Geopolitical tensions and US tariffs threaten oil supply and demand. – vtmarketsmy.com
China’s House Price Index dropped by 3.5%, down from 4%
Written on June 16, 2025 at 6:52 am, by davin
China’s housing market shows signs of stabilizing with a slower 3.5% price drop in May. Meanwhile, currencies and gold remain under pressure as traders await crucial central bank meetings. – vtmarketsmy.com
PBOC sets USD/CNY reference rate at 7.1789, below the estimated 7.1854
Written on June 16, 2025 at 5:51 am, by davin
China’s central bank, PBOC, is carefully managing liquidity with a net injection of 68.2 billion yuan while keeping the yuan’s exchange rate stable, avoiding drastic monetary shifts. – vtmarketsmy.com
The Bank of Japan could cut its Japanese government bond tapering pace by 50% in 2026
Written on June 16, 2025 at 5:51 am, by davin
The Bank of Japan may cut bond tapering from ¥400 billion to ¥200 billion monthly by April 2026. This cautious shift reflects inflation pressures and aims for market stability as the Yen recovers. – vtmarketsmy.com
Another missile attack from Iran targeting Israel detected, leading to widespread alerts and interceptions
Written on June 16, 2025 at 5:51 am, by davin
Israel detected a new wave of Iranian ballistic missile launches, prompting red alerts. Air defense systems intercepted several missiles. Impacts near Tel Aviv signal rising tensions and potential financial market volatility. – vtmarketsmy.com
The Semiconductor Index aims for 5700, currently trading around 5180 after fluctuations.
Written on June 16, 2025 at 5:50 am, by davin
The Semiconductor Index shows potential for further gains, targeting $5420 while monitoring support levels. Caution is advised as price movements suggest waning momentum. Strategic positioning is key amid market fluctuations. – vtmarketsmy.com
The Bank of Japan may halve JGB tapering starting in 2026, and discussions are ongoing.
Written on June 16, 2025 at 4:51 am, by davin
The Bank of Japan plans to halve its government bond purchases starting April 2026, while maintaining interest rates at 0.5%. This cautious approach aims to test market resilience without causing disruption. – vtmarketsmy.com
New Zealand’s Business NZ PSI drops to 44 from 48.5
Written on June 16, 2025 at 4:51 am, by davin
New Zealand’s Business Performance Index dropped to 44, signaling a contraction in the services sector. This decline raises concerns for economic growth and business confidence, urging strategic adjustments amidst inflation pressures. – vtmarketsmy.com