Monthly Archives: June 2025
Holzmann from Austria’s central bank recommends a prolonged pause on rate cuts as data changes.
Written on June 10, 2025 at 2:50 am, by davin
ECB’s Holzmann hints at a cautious approach to rate cuts, focusing on economic data. While inflation is near targets, any downturn could quicken easing discussions, affecting market expectations and positioning. – vtmarketsmy.com
Crude oil futures close at $65.29, showing bullish sentiment after recovering above the 50% retracement level.
Written on June 10, 2025 at 1:50 am, by davin
Crude oil futures rise to $65.29, breaking above $64.71. Stability is key; a drop could trigger selling. Watch closely as market sentiment shifts with resistance at $66.28. – vtmarketsmy.com
AUDUSD shows a neutral bias, stuck between key support and resistance levels, waiting for a breakout
Written on June 10, 2025 at 12:51 am, by davin
AUDUSD is currently trading within a tight range, with significant support at 0.6500-0.6514 and resistance at 0.6535-0.6554. Traders await a breakout for potential momentum shifts in either direction. – vtmarketsmy.com
Credit Agricole questions the ECB’s true intentions on euro strength amid potential growth and inflation risks
Written on June 10, 2025 at 12:50 am, by davin
The euro’s recent strength raises concerns for Eurozone growth and inflation, with the ECB maintaining a cautious stance. Market participants should prepare for potential volatility and changes in currency dynamics. – vtmarketsmy.com
The Australian dollar rises sharply, approaching a seven-month high amid US-China trade discussions affecting growth.
Written on June 9, 2025 at 11:51 pm, by davin
The Australian dollar is nearing a peak at 0.6521, boosted by a positive risk-on sentiment and strong stock market performance. Future gains depend on US-China trade talks and trader sentiment. – vtmarketsmy.com
US yield levels drop, but the 10-year stays above key technical points affecting market sentiment
Written on June 9, 2025 at 11:50 pm, by davin
US Treasury yields are hitting new lows, creating a pivotal moment for upcoming bond auctions. Market demand will dictate future rates, with implications for economic outlook and currency movements. – vtmarketsmy.com
Atlanta Fed’s GDPNow model holds steady at 3.8% after recent data updates
Written on June 9, 2025 at 10:51 pm, by davin
The Atlanta Fed’s GDP tracker holds steady at 3.8%, despite mixed consumer spending and investment signals. While growth expectations remain unchanged, shifts beneath the surface hint at cautious economic sentiment. – vtmarketsmy.com
USDCAD pair rebounds from trend line support after hitting a low of 1.3534
Written on June 9, 2025 at 10:50 pm, by davin
USDCAD dropped to its lowest since October 2024 but showed signs of recovery post-employment reports. Watch the 100-hour and 200-hour moving averages closely for potential trend shifts and market confidence. – vtmarketsmy.com
The technology sector thrived, led by Nvidia, while financial stocks faced mixed performances.
Written on June 9, 2025 at 9:51 pm, by davin
Technology stocks are thriving with strong gains from firms like Nvidia and Oracle, while financials struggle, shown by declines in Visa and MasterCard. Explore tech’s promising future amidst financial sector challenges! – vtmarketsmy.com
Canada plans to raise defence spending to 2% of GDP, possibly indicating a US trade agreement.
Written on June 9, 2025 at 9:50 pm, by davin
Canada is ramping up defense spending to 2% of GDP for NATO compliance, funding new military equipment and fostering potential trade agreements with the US, reshaping economic dynamics and market expectations. – vtmarketsmy.com
