Monthly Archives: June 2025
European indices mostly declined, except the FTSE 100, which gained slightly. The EURUSD reached highs
Written on June 11, 2025 at 9:18 pm, by anakin
European indices mostly declined; EURUSD hits new highs, nearing critical resistance levels from 2021/2022 swing area.
Treasury Secretary Bessent indicated increased capital investments following the enactment of the tax and spending bill
Written on June 11, 2025 at 8:48 pm, by anakin
Bessent discussed China deal, economic outlook, and forecasted investment rise under new tax and spending bill.
The market displays diverse sector performances; semiconductors rise, while telecoms struggle amid investor uncertainty
Written on June 11, 2025 at 8:19 pm, by anakin
Semiconductors gain as financials stabilize; telecoms falter. Diversify investments and monitor individual stock performance closely.
According to Bessent, a positive economic shift between China and the US hinges on China’s reliability
Written on June 11, 2025 at 7:18 pm, by anakin
Bessent emphasized China’s trade reliability and potential economic rebalancing with the US through Geneva agreements.
A strong collaboration between Trump and President Xi aims to enhance American trade with China
Written on June 11, 2025 at 6:48 pm, by anakin
Trump expressed optimism about working with Xi to improve US-China trade and expand access to Chinese markets.
A US official stated Trump intends to maintain China tariffs at 30%, totalling an effective rate of 55%
Written on June 11, 2025 at 6:19 pm, by anakin
The U.S. maintains a 55% effective tariff rate on China, including levies on fentanyl and imports.
Canadian building permits fell 6.6% in April, worse than expected, influenced by lower US CPI data
Written on June 11, 2025 at 5:49 pm, by anakin
Canadian building permits fell 6.6% in April, driven by sharp declines in multi-family housing in British Columbia.
Trump announced on Truth Social that a deal with China is complete, improving their relationship
Written on June 11, 2025 at 5:19 pm, by anakin
Trump announces China deal for rare earths and students; tariff terms unclear, markets react cautiously.
Mortgage applications surged, with the purchase index rising significantly while rates remain around 7%
Written on June 11, 2025 at 4:49 pm, by anakin
US mortgage applications surged 12.5%, rebounding strongly with gains in both refinancing and purchase activity.
A Federal Appeals Court ruling permits tariffs, marking a notable victory for Trump and the U.S.
Written on June 11, 2025 at 4:19 pm, by anakin
Federal court upholds U.S. tariffs, extending Trump’s measures as trade deal deadline approaches with urgency.
