Monthly Archives: July 2025
Caixin Services PMI for China recorded at 50.6, falling short of analysts’ forecast of 51
Written on July 3, 2025 at 6:22 am, by davin
China’s service sector growth is slowing, hitting a PMI of 50.6. Meanwhile, the Euro remains strong against the Dollar, and Bitcoin Cash edges closer to $500. Oil markets are tense over Iran. – vtmarketsmy.com
In May, Australia’s trade surplus dropped to 2.238 billion, missing expectations and previous figures.
Written on July 3, 2025 at 6:21 am, by davin
Australia’s trade surplus fell sharply in May, driving the AUD down against the USD. Weak exports and strong imports reflect China’s economic influence, signaling potential shifts in monetary policy. – vtmarketsmy.com
A new ETF gives U.S. investors access to Solana, which may boost interest in lesser-known cryptocurrencies.
Written on July 3, 2025 at 5:22 am, by davin
The REX-Osprey Solana + Staking ETF has launched, allowing investors to access Solana without direct ownership. This move could inspire similar ETFs, though demand concerns may affect its longevity. – vtmarketsmy.com
In May, Australia’s monthly exports fell from -2.4% to -2.7%
Written on July 3, 2025 at 5:22 am, by davin
Australia’s export figures continue to decline, dropping from -2.4% to -2.7%. This persistent trend signals potential risks for trade balances and business strategies, urging recalibration in economic approaches. – vtmarketsmy.com
Political unrest leads to over 1% drop in GBP against USD, trading near 1.3593
Written on July 3, 2025 at 5:21 am, by davin
GBP/USD fell over 1% due to rising political concerns in the UK, particularly Prime Minister Keir Starmer’s welfare reform challenges. Increased borrowing costs and market uncertainty may further weaken the Pound. – vtmarketsmy.com
A weaker US dollar follows disappointing employment data, while UK gilts see significant yield fluctuations.
Written on July 3, 2025 at 4:22 am, by davin
Disappointing US employment data weakened the dollar, while gold and oil prices surged. Market uncertainty grows as new tariffs and budget delays impact confidence. Prepare for volatility ahead! – vtmarketsmy.com
XAU/USD stays stable as traders assess recent employment data ahead of the Nonfarm Payroll report.
Written on July 3, 2025 at 4:22 am, by davin
Gold prices hover at $3,340 as traders await crucial US job data. A disappointing Nonfarm Payroll report might boost gold’s appeal, while the Federal Reserve’s stance keeps market expectations in check. – vtmarketsmy.com
Standard Chartered predicts Bitcoin could hit $200,000 by late 2025 due to ETF inflows and corporate demand.
Written on July 3, 2025 at 4:22 am, by davin
Standard Chartered forecasts Bitcoin may hit $200,000 by late 2025, driven by strong ETF inflows and corporate treasury demand. They’ve noted significant market shifts, signaling potential volatility and price opportunities ahead. – vtmarketsmy.com
Goldman Sachs predicts June US payrolls will be 85k, below expectations, due to a slowing job market
Written on July 3, 2025 at 3:21 am, by davin
Goldman Sachs forecasts a slower US labor market, with June payrolls expected to rise by only 85,000, contributing to a 4.3% unemployment rate. Wage growth is cooling, impacting Federal Reserve policies. – vtmarketsmy.com
USDCAD declines, retesting yesterday’s low with sellers in control
Written on July 3, 2025 at 2:24 am, by davin
USDCAD faces downward pressure, currently at 1.3591. With sellers dominating, support levels at 1.3554 and 1.3539 come into focus. A sustained recovery requires overcoming resistance at 1.3617. – vtmarketsmy.com