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US capacity utilization fell to 77.4%, reflecting underused industrial resources, while geopolitical tensions bolstered the Dollar; AUD/USD and EUR/USD dipped. Meanwhile, US stablecoin legislation advances amidst mixed signals from China’s economy. – vtmarketsmy.com

U.S. industrial production fell 0.2% in May, missing expectations of a 0.1% increase. This decline hints at potential economic challenges, urging analysts to adjust forecasts and prepare for future movements. – vtmarketsmy.com

GBPUSD has dropped 1%, testing significant levels between 1.3423 and 1.3443. Traders should watch for potential reversals or breakthroughs here, as recent movements indicate indecision in this key price zone. – vtmarketsmy.com

US retail sales surged, with the Redbook Index rising to 5.2%, but global markets are shaky amid geopolitical tension. Currency fluctuations and gold’s persistence under $3,400 reveal ongoing volatility. – vtmarketsmy.com

The Bank of Canada held interest rates at 2.75%, with a slim chance of a cut by July. Trade negotiations could impact inflation and future rate decisions, emphasizing monitoring economic signals. – vtmarketsmy.com

US Retail Sales fell by 0.9% in May, indicating weakened consumer demand. With annual growth slowing, market uncertainty lingers as traders await clearer economic signals. – vtmarketsmy.com

Netanyahu hints at imminent US conflict involvement, raising market volatility and safe-haven demand. Iran’s conditions fuel uncertainty, prompting traders to recalibrate risk models for geopolitical instability ahead. – vtmarketsmy.com

Canada’s portfolio investment in foreign securities dropped sharply to $4.1 billion, reflecting global financial shifts. Meanwhile, currencies like AUD/USD and GBP/USD are seeing declines, with commodities like gold offering safe-haven stability. – vtmarketsmy.com

GBPUSD is declining as it tests crucial support. A breach could empower sellers, targeting levels around 1.3441 and 1.3391. Traders must watch price behavior closely for direction and volatility. – vtmarketsmy.com

In May, US import prices rose slightly, indicating potential inflation pressures. Geopolitical tensions led to currency fluctuations, while gold prices increased amid uncertainty. China’s mixed economic data further complicates market dynamics. – vtmarketsmy.com