Live Updates

    13 June 2025
    National Iranian Oil Refining and Distribution Company confirms no impact on refineries or storage tanks

    Iran’s oil infrastructure remains intact, easing market fears amid geopolitical tensions. Traders are adjusting strategies, watching for demand shifts and potential supply shocks that may impact prices. – vtmarketsmy.com

    13 June 2025
    Increased geopolitical tensions from strikes on Iran are raising risks in the oil market.

    Rising tensions in the Middle East, amplified by Israeli strikes on Iran, are causing oil prices to surge as markets react to potential supply disruptions and heightened geopolitical risk. Prepare for volatility! – vtmarketsmy.com

    13 June 2025
    The PBOC’s USD/CNY rate is 7.1772, along with a 202.5 billion yuan injection through repos.

    The PBOC set the USD/CNY rate at 7.1772, exceeding market expectations. They injected 202.5 billion yuan to stabilize liquidity, indicating a calculated approach to manage currency valuation and funding conditions. – vtmarketsmy.com

    13 June 2025
    Israeli Air Force targets Iranian military sites, leading to a state of emergency and airspace closure

    Israel’s Air Force launched a significant strike on Iran, targeting nuclear sites without U.S. support. This has led to a state of emergency in Israel, while markets react with volatility. – vtmarketsmy.com

    13 June 2025
    Goldman Sachs lowers US recession prediction to 30% due to better trade negotiations and conditions

    Goldman Sachs lowers U.S. recession odds to 30% and raises 2025 GDP growth forecast to 1.25%, amid eased trade tensions. This signals improved economic stability and suggests less volatility in financial markets ahead. – vtmarketsmy.com

    13 June 2025
    New Zealand Prime Minister Christopher Luxon plans trade and security discussions in China and Europe

    New Zealand PM Christopher Luxon’s upcoming visits to China and Europe will focus on trade, investment, and security, reinforcing partnerships amid geopolitical tensions while addressing important sectors like tourism and education. – vtmarketsmy.com

    13 June 2025
    St. Louis Fed Financial Stress Index falls to -0.81, signaling reduced financial market stress

    The St. Louis Fed Financial Stress Index dropped to -0.81, indicating lower market stress and easing concerns about credit and volatility. Traders may shift strategies towards risk-taking as conditions improve. – vtmarketsmy.com

    13 June 2025
    Appliance tariffs rise to 50%, increasing prices for household items soon

    Trump is expanding steel tariffs to include household appliances like refrigerators and dishwashers. This shift, now a 50% duty, aims to bolster domestic manufacturing by making imports pricier. – vtmarketsmy.com

    13 June 2025
    Lutnick thinks the pause on China’s tariffs likely won’t last much longer, despite the uncertainty.

    Uncertainty dominates U.S. policy as Trump’s fluctuating decisions create market volatility. Traders must navigate unpredictable messaging, where restraint often beats reaction, ensuring flexibility may shield against abrupt shifts in sentiment. – vtmarketsmy.com

    13 June 2025
    The economic calendar for Asia looks sparse, with little expected impact from data releases.

    The Asian financial calendar on June 13, 2025, highlights key economic events. With ForexLive’s transition to investingLive.com, traders are reminded to prioritize personal analysis and risk management amidst unpredictable currency markets. – vtmarketsmy.com

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