Monthly Archives: July 2025
WTI rebounds to around $65.50 during trading after OPEC+’s oil output announcement
Written on July 7, 2025 at 1:21 pm, by davin
WTI crude oil futures rose to $65.50 despite OPEC+’s unexpected output increase, buoyed by optimism surrounding potential US trade agreements. Market dynamics remain sensitive to currency fluctuations and inventory data. – vtmarketsmy.com
Today’s agenda is light, with Trump’s tariff letters drawing attention before upcoming deadlines.
Written on July 7, 2025 at 12:22 pm, by davin
Minimal data today shifts attention to Trump’s upcoming tariff negotiations. With deadlines approaching, expect market volatility as trade dynamics unfold before and after the crucial dates. Stay alert for opportunities! – vtmarketsmy.com
Austria’s wholesale prices rise to 0.6%, up from -0.3%
Written on July 7, 2025 at 12:22 pm, by davin
Austria’s wholesale prices climbed 0.6% in June, reversing a negative trend and signaling possible higher production costs. This shift could influence broader inflation forecasts and market expectations. – vtmarketsmy.com
UK house prices remained unchanged in June, showing a resilient market supported by rising wages that help with affordability.
Written on July 7, 2025 at 12:22 pm, by davin
UK house prices slightly dipped to £296,665 in June 2025, but steady growth continues as mortgage approvals rise and buyer confidence improves. Regional variations and cautious lending shape market dynamics. – vtmarketsmy.com
In June, Switzerland’s foreign currency reserves rose from 704 billion to 713 billion.
Written on July 7, 2025 at 12:21 pm, by davin
Switzerland’s foreign reserves rose from 704 to 713 billion, indicating stable accumulation by the Swiss National Bank. This trend reflects cautious monetary policy amid global economic shifts—investment decisions require thorough research. – vtmarketsmy.com
German industrial production increased by 1.2%, contrary to expectations of stagnation, after previous downward revisions.
Written on July 7, 2025 at 11:22 am, by davin
Germany’s May industrial production rose by 1.2%, defying expectations, despite a 1.8% drop in energy-intensive sectors. This indicates resilience in manufacturing, prompting careful market monitoring for future trends and pricing strategies. – vtmarketsmy.com
In June, Austria’s wholesale prices increased by 0.2% compared to a decline of 0.5% last year.
Written on July 7, 2025 at 11:22 am, by davin
Austria’s wholesale prices rose 0.2% year-on-year in June, signaling a potential economic recovery after months of decline. Monitoring these shifts is essential for understanding future inflation trends and market dynamics. – vtmarketsmy.com
Central banks’ meetings reveal expectations for rate cuts from the RBA and stability from the RBNZ
Written on July 7, 2025 at 11:21 am, by davin
This week, the RBA is expected to cut rates to 3.60%, while the RBNZ likely holds at 3.25%. Diverging approaches signal cautious market sentiment; traders should prepare for possible surprises. – vtmarketsmy.com
A few EUR/USD FX option expiries could impact price movements due to trade concerns and market dynamics.
Written on July 7, 2025 at 10:22 am, by davin
FX options expiration on July 7 is likely to keep EUR/USD stable between 1.1750 and 1.1800 until after Wall Street’s reopening, prompting traders to await volatility shifts post-expiry. – vtmarketsmy.com
The NZIER Shadow Board advises the RBNZ to keep the cash rate unchanged due to inflation uncertainties.
Written on July 7, 2025 at 10:22 am, by davin
The New Zealand shadow board recommends maintaining the Official Cash Rate at 3.25%, citing economic sluggishness and global uncertainties. Future rate cuts may depend on inflation trends and economic stability. – vtmarketsmy.com