Monthly Archives: July 2025
June’s Eurozone services PMI shows slight improvement, but demand stays weak and uncertain
Written on July 3, 2025 at 3:21 pm, by davin
In June 2025, the Eurozone’s services PMI showed slight growth at 50.5, but new business demand remains weak. Germany’s stimulus may help, yet overall economic outlooks stay below average. – vtmarketsmy.com
Germany’s final services PMI shows slight improvement despite ongoing challenges for service providers.
Written on July 3, 2025 at 2:21 pm, by davin
Germany’s service sector showed slight recovery in June 2025, with a PMI of 49.7 and increased hiring. However, sluggish demand and rising costs continue to challenge growth, necessitating cautious monitoring. – vtmarketsmy.com
China is reconsidering its stance on the US-Vietnam trade agreement to safeguard its interests.
Written on July 3, 2025 at 2:21 pm, by davin
China is cautiously monitoring the US-Vietnam trade deal, hinting at defending its interests while recognizing potential indirect benefits. Market implications suggest shifts in regional supply chains and currency volatility ahead. – vtmarketsmy.com
Spain’s services PMI surpasses expectations, showing modest growth despite falling new business and increasing costs
Written on July 3, 2025 at 1:22 pm, by davin
Spain’s service sector shows cautious growth amid falling new orders for the first time in 18 months, driven by existing contracts. Companies remain optimistic, yet political uncertainty and rising costs pose challenges. – vtmarketsmy.com
Rengo, Japan’s largest union, expects a 5.25% average wage increase for the fiscal year.
Written on July 3, 2025 at 1:22 pm, by davin
Japan’s largest union, Rengo, reports a 5.25% wage increase for this fiscal year, reflecting strong labor market trends and sustained employee demands. This trend could impact inflation policies and consumer spending. – vtmarketsmy.com
AUD/JPY stays steady around 94.60 due to the Bank of Japan’s cautious stance.
Written on July 3, 2025 at 1:21 pm, by davin
The AUD/JPY pair remains stable at 94.60 as Japan’s cautious rate stance and US tariff concerns weigh on the Yen. Mixed Australian economic signals suggest more range trading ahead. – vtmarketsmy.com
Eurostoxx futures rise by 0.2% in early European trade, alongside gains in major indices
Written on July 3, 2025 at 12:22 pm, by davin
European futures are climbing after a strong Wall Street close, signaling cautious optimism amid macroeconomic concerns. Traders should remain agile as markets navigate tight ranges, hinting at potential volatility ahead. – vtmarketsmy.com
US stock markets will close early today ahead of Independence Day, affecting trading activity.
Written on July 3, 2025 at 12:22 pm, by davin
The US stock and bond markets will close early today for Independence Day. Expect volatility and distorted prices, particularly following the US jobs report, due to low liquidity and market participation. – vtmarketsmy.com
Gold prices steady near one-week high as bulls await the US NFP report
Written on July 3, 2025 at 12:21 pm, by davin
Gold prices are steady as traders await crucial US Nonfarm Payrolls data, which could influence Federal Reserve interest rate decisions. Market sentiment leans towards potential rate cuts, supporting gold’s value. – vtmarketsmy.com
Takata from the BOJ says they will evaluate factors affecting rate decisions this summer, including US inflation.
Written on July 3, 2025 at 11:22 am, by davin
Bank of Japan official Hajime Takata warns that future interest rate hikes will depend on US inflation trends. This highlights Japan’s growing dependence on global economic signals for policy decisions. – vtmarketsmy.com