Monthly Archives: July 2025
Rehn highlighted the ongoing risk of inflation staying below the 2% target, even as the safety of euro assets improves.
Written on July 2, 2025 at 3:22 pm, by davin
The ECB is worried about inflation staying below 2%, while joint eurozone borrowing for defense could strengthen the euro. Market signals suggest continued tightening rather than relaxed policies, despite recent rate cuts. – vtmarketsmy.com
UOB Group analysts predict USD/CNH will fluctuate between 7.1530 and 7.1730, with possible declines.
Written on July 2, 2025 at 3:22 pm, by davin
USD is currently trading within a narrow range of 7.1530 to 7.1730, with increasing downward momentum. A breach below 7.1450 may lead to a decline towards 7.1300. – vtmarketsmy.com
OCBC analysts note that US data caused a slight drop in the DXY to 96.90.
Written on July 2, 2025 at 3:21 pm, by davin
The USD’s decline has slowed due to strong US economic data. Fed Chair Powell hinted at cautious rate adjustments amid tariff concerns. Meanwhile, rising debt projections from the One Big Beautiful Bill Act raise fiscal doubts. – vtmarketsmy.com
European stocks rise with German shares recovering, while US futures show positive signs
Written on July 2, 2025 at 2:22 pm, by davin
European stocks are rising after a slow start, with key indices like the Eurostoxx and DAX increasing by up to 0.6%. Traders remain cautious ahead of US inflation data, watching for momentum. – vtmarketsmy.com
UOB Group analysts predict USD/JPY may fluctuate between 142.90 and 144.30 before possibly declining.
Written on July 2, 2025 at 2:22 pm, by davin
The US Dollar is set to fluctuate between 142.90 and 144.30 against the Yen, with potential declines ahead. Traders should carefully assess positions due to market uncertainty and resistance levels. – vtmarketsmy.com
The day is quiet, with few major events and expected stable price movements.
Written on July 2, 2025 at 2:22 pm, by davin
Today’s market is quiet, with minimal European events and focus on U.S. ADP employment and Canadian Manufacturing PMI. Traders are advised to stay patient, anticipating more significant data later this week. – vtmarketsmy.com
As the USD recovers, the Japanese Yen stays weak with limited downside pressures
Written on July 2, 2025 at 2:21 pm, by davin
The Japanese Yen struggles against the US Dollar amid tariff threats and cautious Bank of Japan policies. Market focus on upcoming US employment data could determine future currency movements. – vtmarketsmy.com
Early European trading shows Eurostoxx futures up by 0.4%, with DAX and FTSE also rising.
Written on July 2, 2025 at 1:22 pm, by davin
European futures are rising, indicating improved market sentiment after early month struggles. The Eurostoxx has gained 0.4%, while the DAX and FTSE also see modest increases, reflecting shifting investor strategies. – vtmarketsmy.com
WTI crude oil drops to $64.87 per barrel at the start of the European session
Written on July 2, 2025 at 1:22 pm, by davin
WTI Oil prices dipped slightly to $64.87 amid stable inventories, reflecting a cautious market. OPEC’s influence and US dollar strength contribute to this steady state, with potential volatility looming ahead. – vtmarketsmy.com
The ambassador confirmed that Canada is actively working to eliminate all Trump tariffs in negotiations with the US.
Written on July 2, 2025 at 1:21 pm, by davin
Canada’s ambassador aims to lift all Trump-imposed tariffs through upcoming negotiations by July 21, boosting economic ties with the US. Market reactions may signal impending developments in trade-sensitive sectors. – vtmarketsmy.com