Monthly Archives: June 2025
Upcoming US inflation data and Canadian GDP could influence market dynamics, with weak consumption noted
Written on June 27, 2025 at 7:48 pm, by anakin
Markets await Fed’s preferred inflation data; U.S. consumption weak, Canada’s April GDP insights also expected.
Personal Spending in the United States fell to -0.1%, disappointing the expected 0.1% rise
Written on June 27, 2025 at 7:43 pm, by anakin
U.S. personal spending dips; weak dollar supports gold, crypto; Strait of Hormuz tensions threaten oil stability.
Kashkari anticipates two rate cuts in 2025, emphasising inflation data and trade war effects
Written on June 27, 2025 at 7:18 pm, by anakin
Neel Kashkari foresees two rate cuts in 2025; inflation data and tariffs may influence timing.
In May, Personal Income in the United States dropped to -0.4%, failing to meet forecasts
Written on June 27, 2025 at 7:12 pm, by anakin
U.S. personal income fell 0.4% in May, defying expectations and indicating an unexpected economic downturn.
Bessent believes trade could conclude by September, with 20 critical deals remaining after initial agreements
Written on June 27, 2025 at 6:48 pm, by anakin
Trade talks may conclude by Labor Day; further negotiations continue on 20 more significant pending deals.
The forecasts for the United States Personal Consumption Expenditures – Price Index align at 2.3%
Written on June 27, 2025 at 6:43 pm, by anakin
PCE steady at 2.3%; EUR/USD stabilizes; GBP/USD rises; gold steady; Bitcoin Cash gains; Hormuz concerns.
Bessent expresses optimism about easing US-China tariffs, ensuring a steady magnet supply while maintaining current rates
Written on June 27, 2025 at 6:18 pm, by anakin
US-China magnet supply agreement progresses; tariffs may stabilize, with fentanyl import duties still enforced at 20%.
Neel Kashkari expressed his belief in the Fed potentially reducing rates twice this year
Written on June 27, 2025 at 6:13 pm, by anakin
Neel Kashkari expects possible rate cuts in 2025 if inflation eases, despite minimal tariff impacts.
The FX market experienced minimal movement, while equities aimed for record highs in the US
Written on June 27, 2025 at 5:49 pm, by anakin
Currencies steady; equities gain; gold dips; yields rise. Traders eye US PCE data, month-end flows.
Platinum’s price has surpassed $1,400 per troy ounce for the first time since September 2014
Written on June 27, 2025 at 5:42 pm, by anakin
Platinum prices surge 40% in six weeks, driven by Chinese demand and gold’s rising cost.
