Monthly Archives: July 2025
Silver’s price faced selling near $36.55-$36.60 during the Asian session, which reduced earlier gains.
Written on July 3, 2025 at 9:21 am, by davin
Silver prices faced a slight decline amid market caution ahead of U.S. jobs data. Key support levels at $36.00 and $35.50 will determine future price movements in this volatile environment. – vtmarketsmy.com
BOJ board member indicates readiness for rate hikes if U.S. trade talks advance and uncertainties persist
Written on July 3, 2025 at 8:22 am, by davin
BOJ member Takata hints at potential interest rate hikes if U.S. trade negotiations improve, urging adaptability in monetary policy. Markets should prepare for possible shifts as global conditions evolve. – vtmarketsmy.com
South Korean President Lee Jae-myung discusses challenges in US tariff negotiations.
Written on July 3, 2025 at 8:22 am, by davin
South Korea’s President highlights tough US tariff negotiations, stressing the need for practical outcomes. Market volatility is expected, especially with tariffs influencing imports and currency correlations amid geopolitical tensions. – vtmarketsmy.com
China’s services PMI fell to 50.6 in June 2025, signaling slowing growth and reduced activity.
Written on July 3, 2025 at 8:21 am, by davin
China’s services sector growth hit a nine-month low at 50.6, driven by weak demand and declining export orders. Meanwhile, manufacturing shows signs of recovery, highlighting economic fragility. – vtmarketsmy.com
NZD/USD trades near 0.6080 as weak Chinese services data affects the pair
Written on July 3, 2025 at 8:21 am, by davin
The NZD/USD fell to 0.6080 amid disappointing Chinese economic data. With New Zealand holding interest rates and US job reports weighing on the USD, markets brace for volatility. – vtmarketsmy.com
The PBOC’s USD/CNY reference rate is 7.1523, stronger than the last close.
Written on July 3, 2025 at 7:22 am, by davin
The People’s Bank of China is managing the yuan’s strength, indicating restraint in policy. A significant liquidity drain suggests control instead of support, impacting market dynamics and trader positioning. – vtmarketsmy.com
Takata suggests that the BoJ is only pausing rate hikes before making further policy changes.
Written on July 3, 2025 at 7:22 am, by davin
The Bank of Japan’s cautious pause on interest rates reflects careful observation of inflation trends and external factors, notably US tariffs. Market responses indicate a watchful wait for clearer economic signals. – vtmarketsmy.com
Japan’s final Services PMI reaches 51.7, showing three months of growth and increased business confidence
Written on July 3, 2025 at 7:22 am, by davin
Japan’s services sector shows steady growth with a June PMI of 51.7, boosted by rising employment and consumer confidence. However, tourism-related exports slow, highlighting sector dynamics that require attention. – vtmarketsmy.com
In June, China’s services PMI fell to 50.6, missing the expected 51.
Written on July 3, 2025 at 7:21 am, by davin
The Australian Dollar’s value is influenced by interest rates, China’s economy, and iron ore prices. Recent economic indicators reflect cautious growth in China, signaling potential volatility for the AUD. – vtmarketsmy.com
The shift away from US dollar dominance will happen gradually due to global uncertainties and a lack of alternatives.
Written on July 3, 2025 at 6:22 am, by davin
The European Central Bank conference highlights three themes: Asia’s resilience to trade shocks, the gradual decline of US dollar dominance, and the need for new capital strategies as traditional measures lose relevance. – vtmarketsmy.com