Monthly Archives: July 2025
Canadian dollar remains stable against the US dollar amid rising trade pressures
Written on July 11, 2025 at 5:22 am, by davin
The Canadian Dollar remains stable against the US Dollar despite a 50% tariff on copper. With 76% of Canadian exports going to the US, trade tensions pose risks and heighten volatility. – vtmarketsmy.com
The central bank of Hong Kong intervenes in the foreign exchange market to support the local currency
Written on July 11, 2025 at 5:21 am, by davin
The HKMA’s recent purchase of 13.8 billion HKD aims to maintain the Hong Kong dollar’s stability against the USD, responding to market pressures and ensuring confidence in the longstanding currency peg system. – vtmarketsmy.com
As the US dollar strengthens, the euro loses early gains against the Swiss franc
Written on July 11, 2025 at 5:21 am, by davin
EUR/CHF exchange rate steadied at 0.9314, pulled back by dollar strength and Swiss central bank easing considerations. Diverging policies of the ECB and SNB shape current currency dynamics and short-term sentiment. – vtmarketsmy.com
Auction for 4-week bills in the United States drops to 4.235% from 4.24%
Written on July 11, 2025 at 4:22 am, by davin
U.S. 4-week bill yields slightly decreased, reflecting market trends. Currency fluctuations and gold recovery signal changing dynamics, while cryptocurrencies like Sei and Pudgy Penguins show unexpected growth amid renewed investor interest. – vtmarketsmy.com
Japan’s GPIF significantly increased its US Treasury holdings due to rising yields and a stronger dollar
Written on July 11, 2025 at 4:22 am, by davin
Japan’s GPIF boosted U.S. Treasury holdings to a decade high, driven by favorable yields and currency shifts. This strategic move hints at broader trends in global bond markets and central bank policies. – vtmarketsmy.com
Mexican central bank minutes reveal divided opinions on rate cuts due to rising inflation
Written on July 11, 2025 at 4:21 am, by davin
Banco de Mexico cut interest rates by 50 basis points despite rising inflation concerns. Board members disagree on inflation’s permanence, complicating future rate strategies. Market reactions may shift as global factors evolve. – vtmarketsmy.com
S&P 500 Dips As Trump Escalates Trade Tensions
Written on July 11, 2025 at 3:53 am, by ahmad
US equities pulled back on Friday after President Donald Trump broadened his trade offensive, this time targeting Canada and the European Union. The S&P 500 slipped to 6,258.80 by the close, reversing sharply from its intraday peak of 6,296.05, a drop of 0.39%, as market sentiment turned during the early US session. The downturn mirroredContinue Reading
Pound Sterling declines after strong US jobless claims, reducing expectations for a July Fed rate cut
Written on July 11, 2025 at 3:22 am, by davin
GBP/USD dipped below 1.3600 after stronger US jobless claims hinted at a robust labor market, reducing chances for a Fed rate cut. Market attention now shifts to upcoming UK economic data. – vtmarketsmy.com
US indices close positively, with S&P and NASDAQ hitting record highs, driven by airline stocks
Written on July 11, 2025 at 3:22 am, by davin
US stock markets soared, with the S&P and NASDAQ hitting records. Nvidia surpassed $4 trillion in market cap, boosted by airline stocks’ gains. Traders shift focus to momentum-driven sectors amidst mixed economic signals. – vtmarketsmy.com
In May, Colombia’s jobless rate increased to 9%, up from 8.8%
Written on July 11, 2025 at 3:22 am, by davin
Colombia’s unemployment rate rose to 9% in May, highlighting potential labor market weaknesses. This shift may impact consumer spending, corporate revenues, and market dynamics, urging investors to reassess their strategies. – vtmarketsmy.com