Monthly Archives: June 2025
UK home asking prices dropped in June due to higher supply and changes in stamp duty impacting sellers.
Written on June 16, 2025 at 1:51 am, by davin
UK home asking prices fell 0.3% in June, the largest drop since 2011, revealing buyer caution amid rising listings. Sales activity increased, hinting at shifting dynamics in the housing market. – vtmarketsmy.com
New Zealand’s Services PMI drops to 44.0, signaling economic vulnerability and recession worries
Written on June 16, 2025 at 1:50 am, by davin
New Zealand’s economic indicators reveal significant contraction, with the Services Performance Index dropping to 44.0 and manufacturing also declining. This suggests potential recession, yet the NZD remains stable. – vtmarketsmy.com
Yen weakens as USD/JPY exceeds 144.50 due to rising oil prices and yields
Written on June 16, 2025 at 12:50 am, by davin
The yen has weakened against the dollar due to rising oil prices and U.S. bond yields. With the Bank of Japan expected to maintain interest rates, volatility persists in global markets. – vtmarketsmy.com
Brent crude rises by about $3 at the start of the week, while US equity futures fall
Written on June 15, 2025 at 11:50 pm, by davin
Oil prices surged nearly $3 amid rising demand expectations, contrasting with declining US equity futures. This market divergence hints at inflation worries affecting corporate margins and signals potential strategic shifts for traders. – vtmarketsmy.com
Iran tells Qatari and Omani mediators it won’t negotiate while under attack, impacting talks with the US and Israel
Written on June 15, 2025 at 10:51 pm, by davin
Iran refuses to engage in talks while under attack, impacting ceasefire and nuclear negotiations. Market volatility is expected, urging traders to remain adaptable amid rising geopolitical tensions and uncertainty. – vtmarketsmy.com
PBOC plans to inject 400 billion yuan to support the banking system amid liquidity needs
Written on June 15, 2025 at 10:50 pm, by davin
The People’s Bank of China is injecting 400 billion yuan into the banking system to manage liquidity amid significant deposit maturities. This strategic move aims to stabilize the economy without altering interest rates. – vtmarketsmy.com
Today has a quiet economic calendar in Asia, with a focus on the Bank of Japan’s meeting.
Written on June 15, 2025 at 8:50 pm, by davin
On June 16, 2025, Asian markets are quiet as the Bank of Japan begins a key meeting, expected to maintain rates at 0.5%. Geopolitical developments could disrupt this tranquility. – vtmarketsmy.com
Forex traders observed minor rate changes, with the USD and JPY displaying slight strength.
Written on June 15, 2025 at 7:50 pm, by davin
Monday morning’s low market liquidity leads to potential currency fluctuations, with the USD and JPY showing mild strength. Watch for increased volatility as more markets open, influencing trading dynamics throughout the week. – vtmarketsmy.com
Markets show volatility as tensions rise between Israel and Iran, impacting economic indicators.
Written on June 14, 2025 at 9:50 am, by davin
U.S. yields rose amid geopolitical tensions, influencing the dollar’s strength against major currencies. Despite the dollar’s gains, U.S. stocks dropped, signaling market volatility ahead. – vtmarketsmy.com
Japan’s PM talks with Trump about US tariffs to seek a mutually beneficial agreement and promote economic openness
Written on June 14, 2025 at 8:51 am, by davin
Japan and the US are at odds over tariffs, particularly on automobiles, with Trump pushing for higher rates. The differing economic behaviors complicate negotiations, impacting trade relationships and market stability significantly. – vtmarketsmy.com