Monthly Archives: June 2025
European indices mainly fell, except for the FTSE 100, which saw a small gain. The EUR/USD reached new highs.
Written on June 11, 2025 at 9:50 pm, by davin
European markets ended mostly lower, with only the UK’s FTSE 100 showing a slight gain. The euro hit new highs, navigating a crucial range that could indicate future volatility. – vtmarketsmy.com
Treasury Secretary Bessent notes increased capital investments after the tax and spending bill was passed
Written on June 11, 2025 at 8:51 pm, by davin
Treasury Secretary Bessent’s Capitol Hill testimony highlighted a tax bill promoting capital investment and critiqued short-term bond market focus. Upcoming 10-year note auctions and Lutnick’s interview could shift economic forecasts. – vtmarketsmy.com
Market shows varied sector performances: semiconductors up, telecoms struggle with investor uncertainty
Written on June 11, 2025 at 8:50 pm, by davin
The stock market shows mixed signals: semiconductors like AVGO and MU rise, while INTC falls sharply. Telecom faces challenges, but financials like V and MA remain stable. Stay cautious and informed! – vtmarketsmy.com
Bessent: A positive economic shift between China and the US depends on China’s reliability.
Written on June 11, 2025 at 7:50 pm, by davin
Bessent highlights the importance of trust in US-China trade negotiations, signaling challenges ahead. While a Geneva agreement offers hope for economic balance, market dynamics show increased volatility and uncertainty. – vtmarketsmy.com
Trump and President Xi collaborate to boost American trade with China
Written on June 11, 2025 at 6:51 pm, by davin
Trump’s optimistic stance on US-China trade collaboration could significantly influence market sentiment. Traders should prepare for potential volatility as expectations shift, impacting sectors closely linked to bilateral trade. – vtmarketsmy.com
A US official says Trump plans to keep China tariffs at 30%, resulting in an effective rate of 55%.
Written on June 11, 2025 at 6:50 pm, by davin
The US will keep tariffs on China at 55%, including a 10% baseline and 20% for fentanyl. This signals ongoing trade challenges and risks for industries reliant on imports. – vtmarketsmy.com
Canadian building permits dropped 6.6% in April, worse than expected, due to lower US CPI data.
Written on June 11, 2025 at 5:51 pm, by davin
Canada’s building permits plunged 6.6% in April, down $829.6 million, driven by a $1.2 billion drop in British Columbia. This reflects caution among developers, revealing a weaker construction outlook. – vtmarketsmy.com
Trump announces completed deal with China on Truth Social, enhancing their relationship
Written on June 11, 2025 at 5:50 pm, by davin
Trump’s new trade deal with China could reshape economies, featuring significant tariff disparities and an exchange of rare earth elements for increased US student enrollment. Market volatility reflects uncertainty ahead. – vtmarketsmy.com
Mortgage applications increase as purchase index rises significantly, even with rates around 7%
Written on June 11, 2025 at 4:51 pm, by davin
US mortgage applications surged by 12.5% in early June 2025, reversing a prior decline. This rebound suggests growing consumer confidence despite slightly rising mortgage rates, signaling potential policy shifts ahead. – vtmarketsmy.com
Federal appeals court ruling allows tariffs, a significant win for Trump and the U.S.
Written on June 11, 2025 at 4:50 pm, by davin
A Federal Appeals Court upheld U.S. tariffs, primarily for national security, extending them until July 31. This ruling increases market volatility and poses risks but also trading opportunities before upcoming negotiations. – vtmarketsmy.com
