Monthly Archives: July 2025
New regulations in China mandate reporting of high-value cash transactions involving precious metals and gemstones
Written on July 31, 2025 at 4:22 am, by davin
China’s new regulations on cash transactions for precious metals could significantly impact gold demand and prices. Traders should watch for volatility and potential short-term profit opportunities in the market. – vtmarketsmy.com
Private sector credit in Australia increased by 0.6% month-on-month, surpassing the 0.5% forecast
Written on July 31, 2025 at 4:21 am, by davin
Australia’s private sector credit rose by 0.6% in June 2025, hinting at economic strength, but the Reserve Bank’s dovish stance on inflation suggests rate hikes are unlikely soon, impacting the AUD. – vtmarketsmy.com
Retail sales in Australia exceeded expectations for June 2025, showing positive trends in consumer spending recovery.
Written on July 31, 2025 at 4:21 am, by davin
Australia’s retail sales surged 1.2% in June 2025, indicating strong consumer resilience and raising inflation concerns. This data shifts expectations for the Reserve Bank’s upcoming meeting, potentially impacting interest rates and the bond market. – vtmarketsmy.com
In June 2025, building permits in Australia surged by 11.9%, surpassing the expected 2% growth.
Written on July 31, 2025 at 3:22 am, by davin
Australia’s construction and retail sectors thrived in June 2025, with building permits up 11.9% and retail sales rising 1.2%. However, global military tensions may overshadow these gains, impacting currency stability. – vtmarketsmy.com
In Q2, Australia saw a decline in export and import prices, negatively affecting its trade sector.
Written on July 31, 2025 at 3:22 am, by davin
Australia’s Q2 2025 trade data reveals a sharp 4.5% fall in export prices, signaling a weak economy, while robust retail sales rise creates a puzzling contrast for traders and investors alike. – vtmarketsmy.com
In July 2025, China’s manufacturing PMI declined to 49.3, indicating a continued contraction trend amid weak demand.
Written on July 31, 2025 at 3:21 am, by davin
China’s manufacturing PMI dips to 49.3, marking four months of contraction, while non-manufacturing shows slight expansion at 50.1. Weak demand signals concerns for investors and industrial commodities. – vtmarketsmy.com
US Commerce Secretary Lutnick confirms trade agreements with Cambodia and Thailand during an interview.
Written on July 31, 2025 at 3:21 am, by davin
US Commerce Secretary Lutnick announced finalized trade deals with Cambodia and Thailand, enhancing Southeast Asian partnerships. This shift, alongside rising market volatility, creates strategic trading opportunities amid changing international relations. – vtmarketsmy.com
The PBOC sets the USD/CNY mid-point at 7.1494, lower than the forecasted 7.2062.
Written on July 31, 2025 at 2:22 am, by davin
China’s central bank has unexpectedly strengthened the yuan, signaling a challenge to market expectations. Despite weaker economic data, traders may consider strategies to capitalize on potential volatility in currency movements. – vtmarketsmy.com
A trade deal with South Korea includes a 15% tariff and major investments
Written on July 31, 2025 at 2:22 am, by davin
The U.S. imposes a 15% tariff on South Korean imports amidst a new trade deal, stimulating investment, energy purchases, and duty-free access benefiting U.S. agriculture and automotive exports while strengthening the dollar. – vtmarketsmy.com
Reuters estimates the USD/CNY reference rate will be 7.2062.
Written on July 31, 2025 at 2:22 am, by davin
The PBOC manages the yuan’s daily midpoint against a currency basket, allowing limited fluctuations for stability. Traders should expect controlled movements and may favor strategies anticipating gradual changes in the USD/CNY pair. – vtmarketsmy.com