Monthly Archives: June 2025
Scotiabank noted the Euro’s modest 0.2% rise against the US Dollar amid mild USD weakness
Written on June 18, 2025 at 4:13 pm, by anakin
Euro climbs 0.2% amid USD weakness; CPI steady, markets anticipate modest easing by March.
US mortgage applications decreased by 2.6%, with rates declining and indices showing similar trends
Written on June 18, 2025 at 3:49 pm, by anakin
US mortgage applications fell 2.6% as rates dipped to 6.84%, reversing the prior week’s gains.
According to Scotiabank’s strategists, the Canadian Dollar has remained stable after previous fluctuations
Written on June 18, 2025 at 3:43 pm, by anakin
Canadian Dollar stabilizes; USD slightly overvalued amid inflation concerns, BoC rate outlook, and geopolitical tensions.
Gold remains the most popular trade for three consecutive months, amid various market concerns including inflation
Written on June 18, 2025 at 3:19 pm, by anakin
Gold remains top crowded trade amid stagflation fears; inflation, Fed policy, and bond yields raise concerns.
After a three-week low, GBP/USD stabilised at crucial support amid pending central bank rate decisions
Written on June 18, 2025 at 3:13 pm, by anakin
GBP/USD rebounds from recent lows amid softer UK inflation and ahead of key central bank decisions.
Panetta from the ECB stated decisions will be made flexibly, responding to macroeconomic risks ahead
Written on June 18, 2025 at 2:48 pm, by anakin
The ECB stresses flexibility in monetary policy amid US trade tensions and the Iran-Israel conflict risks.
The FOMC meeting is expected to be uninteresting, keeping interest rates steady at 4.25-4.50%
Written on June 18, 2025 at 2:43 pm, by anakin
Fed likely to hold rates steady amid stable economy; market eyes forecasts for future rate cuts.
European indices opened with minor fluctuations, as investors await US action regarding Iran and Israel
Written on June 18, 2025 at 2:19 pm, by anakin
European markets steady as traders eye Middle East tensions and await Fed policy decision before US holiday.
Today, market events include UK CPI data, US Jobless Claims, the Fed’s rate decision, and geopolitical tensions.
Written on June 18, 2025 at 1:49 pm, by anakin
UK CPI met expectations; US jobless claims steady. Fed decision, Israel-Iran tensions watched closely.
Amidst the ongoing Israel-Iran conflict, US stocks declined while Chevron surged with rising oil prices
Written on June 18, 2025 at 1:43 pm, by anakin
US stocks fell amid Israel-Iran tensions; oil surged, boosting Chevron shares and raising stagflation concerns.
