Monthly Archives: July 2025
The People’s Bank of China keeps Loan Prime Rates at 3% for one year and 3.5% for five years
Written on July 21, 2025 at 2:21 am, by davin
China’s central bank maintains steady Loan Prime Rates while shifting focus to the 7-day reverse repo rate, hinting at potential market volatility. Traders should prepare for strategic opportunities ahead. – vtmarketsmy.com
Singapore dollar under pressure as MAS may ease monetary policy amid rising U.S. tensions
Written on July 21, 2025 at 1:22 am, by davin
The Singapore dollar is under pressure due to U.S. trade tensions and potential easing by the Monetary Authority of Singapore. Analysts forecast a likely policy shift, impacting the currency’s value. – vtmarketsmy.com
Reuters predicts the USD/CNY reference rate will be 7.1784.
Written on July 21, 2025 at 1:22 am, by davin
The PBOC is setting the USD/CNY rate at 7.1784, allowing a 2% fluctuation. Despite economic weakness, they aim for gradual yuan depreciation while controlling volatility, presenting trading opportunities. – vtmarketsmy.com
AUD/USD stays steady near 0.6505 ahead of China’s rate announcement
Written on July 21, 2025 at 1:22 am, by davin
Dovish Fed comments may weaken the US Dollar, impacting AUD/USD amid trade tensions with China. Traders should consider options strategies to navigate potential volatility ahead of significant policy decisions. – vtmarketsmy.com
Rightmove house price index in the United Kingdom decreases from 0.8% to 0.1% year-on-year
Written on July 21, 2025 at 1:22 am, by davin
The UK housing market is cooling, with the Rightmove House Price Index dropping to 0.1%. High borrowing costs create opportunities for traders using options strategies amidst economic uncertainty. – vtmarketsmy.com
China privately sets rare earth quotas for 2025, strengthening its control over essential materials.
Written on July 21, 2025 at 1:21 am, by davin
China’s discreet issuance of rare earth mining quotas signals its tightening grip on the market, raising concerns over global supply and prices. Traders should prepare for potential price surges as tensions escalate. – vtmarketsmy.com
UK to introduce self-driving taxis and buses by 2026, creating new EV investment opportunities
Written on July 21, 2025 at 1:21 am, by davin
The UK will introduce self-driving taxis and buses in 2026, advancing autonomous vehicle technology and aiming to enhance rural connectivity. This shift may disrupt existing transport and insurance markets significantly. – vtmarketsmy.com
UK Rightmove House Price Index falls to -1.2%, down from -0.3%
Written on July 21, 2025 at 12:22 am, by davin
UK house prices drop 1.9%, signaling a cooling market. The Australian dollar weakens due to Chinese economic woes, and uncertainty looms over the Eurozone. Gold faces challenges in a high-rate environment. – vtmarketsmy.com
UK consumer confidence declines due to job insecurity and inflation concerns
Written on July 21, 2025 at 12:22 am, by davin
UK consumer confidence plummeted in Q2 2023 due to fears of job security and inflation, signaling risks for retail and hospitality sectors. Business resilience contrasts this decline, raising volatility trading opportunities. – vtmarketsmy.com
July UK house prices drop significantly, leading sellers to competitively adjust asking prices
Written on July 21, 2025 at 12:22 am, by davin
UK asking prices for homes dropped 1.2% in July, marking a two-decade low. Increased competition and inventory pressure sellers, despite rising sales and improving mortgage affordability—creating market volatility. – vtmarketsmy.com