Monthly Archives: July 2025
Nagel suggests the ECB should remain flexible on interest rate cuts due to increasing market expectations.
Written on July 9, 2025 at 6:21 pm, by davin
Markets predict no rate cut at the July European Central Bank meeting, but September’s chances rise to 42%. Full reduction expectations emerge by March, signaling potential trading strategies and adjustments ahead. – vtmarketsmy.com
Trump is expected to announce more tariff letters, but the market remains skeptical.
Written on July 9, 2025 at 5:22 pm, by davin
Donald Trump’s upcoming tariff letters targeting high-fee countries are dismissed by markets as political theater. Investors remain cautious, anticipating minimal economic impact or retaliation, focusing instead on actual data movements. – vtmarketsmy.com
De Guindos hopes for exchange rate stability to prevent negative economic impacts
Written on July 9, 2025 at 5:21 pm, by davin
An ECB policymaker warns of euro appreciation above $1.20, emphasizing the need for exchange rate stability to protect economic planning. Traders should prepare for potential policy shifts and increased market volatility. – vtmarketsmy.com
Mortgage applications in the US increased, while the market index and mortgage rates experienced minor fluctuations.
Written on July 9, 2025 at 4:21 pm, by davin
Mortgage applications surged 9.4% in early July as rates dipped slightly to 6.77%. This reflects strong consumer response, suggesting ongoing sensitivity to minor rate changes in the housing market. – vtmarketsmy.com
Lane emphasizes the ECB’s ongoing data-dependent strategy, taking into account various factors affecting inflation and uncertainty.
Written on July 9, 2025 at 3:21 pm, by davin
The ECB’s chief economist, Philip Lane, emphasizes a data-dependent approach to inflation, highlighting the need for adaptability amidst shifting global conditions and potential economic shocks. Higher volatility in policy expectations is likely ahead. – vtmarketsmy.com
Chancellor Merz remains hopeful about a potential EU-US trade agreement, highlighting ongoing negotiations and tariffs.
Written on July 9, 2025 at 2:22 pm, by davin
German Chancellor Merz hints at a potential EU-US trade deal by month-end, signaling quick progress in negotiations despite a likely 10% tariff. Traders should prepare for shifting market dynamics and volatility. – vtmarketsmy.com
China asks the EU to change its trade policy for better economic relations and fairness
Written on July 9, 2025 at 2:22 pm, by davin
China and EU trade dynamics are shifting, causing increased volatility. Participants are preparing for tighter cross-border flows and reassessing risk premiums, especially in trade-sensitive sectors. Pay attention to market reactions. – vtmarketsmy.com
USD/CAD shows bearish sentiment as it recovers to around 1.3690 while consolidating within a descending channel
Written on July 9, 2025 at 2:21 pm, by davin
The USD/CAD pair is near 1.3690, showing bearish trends within a descending channel. Key support at 1.3652 may forecast further declines towards 1.3419 unless resistance at 1.3750 is broken. – vtmarketsmy.com
European trading sees Eurostoxx, German DAX, and UK FTSE futures rise 0.2%, while US futures dip 0.1% amid cautious sentiment about a potential EU-US agreement
Written on July 9, 2025 at 1:22 pm, by davin
European trading shows a 0.2% rise in Eurostoxx, DAX, and FTSE futures, driven by EU-US trade discussions, while US futures dip 0.1%, indicating cautious optimism. – vtmarketsmy.com
A temporary agreement on tariffs between the EU and US is expected, leading to disappointment in the EU.
Written on July 9, 2025 at 1:21 pm, by davin
The EU and US are close to a temporary trade agreement keeping a 10% tariff, but proposed 17% tariffs on EU agrifood products surprise negotiators. Adjustments in trade strategies are essential. – vtmarketsmy.com