Monthly Archives: June 2025
In an effort to facilitate trade discussions, Canada abolishes the Digital Services Tax, boosting CAD
Written on June 30, 2025 at 7:48 am, by anakin
Canada drops Digital Services Tax amid renewed US trade talks; Canadian Dollar sees slight increase.
In Malaysia, gold prices increased today, based on compiled data showing the rise in value
Written on June 30, 2025 at 7:43 am, by anakin
Gold prices in Malaysia climbed slightly, influenced by global rates, currency values, and central bank demand.
Japan anticipates notable food price increases due to inflation, impacting households and economic sentiment.
Written on June 30, 2025 at 7:19 am, by anakin
Japanese households face rising living costs as food prices soar; inflation pressures challenge Bank of Japan policy.
The UK government declared the commencement of the trade deal with the United States
Written on June 30, 2025 at 7:13 am, by anakin
UK-US trade deal eases tariffs for UK car and aerospace sectors; GBP unchanged despite agreement.
China’s manufacturing improved for two months, yet domestic demand persists as weak despite foreign support
Written on June 30, 2025 at 6:48 am, by anakin
China’s manufacturing improved in June, aided by a trade truce, though output stayed below expansion levels.
Around $64.50, WTI remains stable as geopolitical tensions in the Middle East alleviate
Written on June 30, 2025 at 6:43 am, by anakin
WTI crude steadies near $64.50 as Middle East tensions ease and OPEC+ plans production increase.
Week Ahead: Rates on the Cutting Board
Written on June 30, 2025 at 6:21 am, by anakin
Trump pressures the Fed as markets bet on rate cuts—Powell resists, but the charts hint at what’s coming next. – vtmarkets.com
In May 2025, Australia’s Private Sector Credit increased at a slower rate, with minimal AUD impact
Written on June 30, 2025 at 6:18 am, by anakin
Australia’s private sector credit grew in May 2025, though more slowly, signaling continued economic stability.
The Canadian Dollar strengthens against the USD following Canada’s pledge to withdraw the digital services tax
Written on June 30, 2025 at 6:14 am, by anakin
Canadian Dollar strengthens as oil prices rise, digital tax withdrawn, and US economic data shows weakness.
China’s June 2025 PMI data showed continued contraction in manufacturing, while non-manufacturing improved slightly
Written on June 30, 2025 at 5:49 am, by anakin
China’s manufacturing PMI improves slightly in June, while non-manufacturing and composite indices show modest growth.
