Monthly Archives: June 2025
S&P 500 Retreats as CPI Curbs Market Optimism
Written on June 12, 2025 at 8:24 am, by anakin
The S&P 500 pulled back from highs on Thursday as easing U.S. inflation failed to offset rising global tensions and renewed tariff threats, stalling the recent equity rally. – vtmarkets.com
The USD/CNY reference rate is anticipated at 7.1703, set by the People’s Bank of China
Written on June 12, 2025 at 8:19 am, by anakin
PBOC to set USD/CNY midpoint at 7.1703, allowing yuan limited fluctuation within +/-2% band.
Israel is prepared for an operation against Iran, prompting US advisories for American civilians to leave
Written on June 12, 2025 at 7:48 am, by anakin
US warns Americans to leave region as Israel readies operation in Iran, tensions may impact oil markets.
Heightened tensions in the Middle East lead to US evacuations and concerns over potential Israeli actions
Written on June 12, 2025 at 7:19 am, by anakin
US evacuates diplomats, military prepares amid rising Middle East tensions and possible Israeli strike on Iran.
The currency pair EUR/USD has risen above the key level of 1.1500 after consistent gains
Written on June 12, 2025 at 6:48 am, by anakin
EUR/USD rises above 1.1500, signaling Euro strength and positive momentum in recent forex trading activity.
Trump expressed readiness to prolong trade discussions, doubting their necessity despite previous commitments lacking results
Written on June 12, 2025 at 6:19 am, by anakin
Trade negotiations continue with Japan, South Korea, and the EU; decisions and letters expected within days.
Retail sales data for New Zealand shows annual growth and a slight monthly decline in spending
Written on June 12, 2025 at 5:48 am, by anakin
New Zealand retail sales rose 0.9% annually in April, despite a slight monthly decline of 0.2%.
Goldman Sachs predicts a rise in core PCE inflation due to tariffs, anticipating 3.5% by 2025
Written on June 12, 2025 at 5:19 am, by anakin
Goldman Sachs predicts rising core PCE inflation due to tariffs, possibly delaying expected Fed rate cuts.
The European Central Bank reports record gold accumulation by central banks amidst stable euro usage and challenges
Written on June 12, 2025 at 4:49 am, by anakin
The euro remains resilient globally, retaining its role amid rising cryptocurrencies and shifting geopolitical currency trends.
AUD Slips as Tariff Tensions Deepen
Written on June 12, 2025 at 4:15 am, by anakin
The AUD declined sharply on Thursday as renewed trade tensions and rising expectations of RBA rate cuts pressured the currency lower. – vtmarkets.com
