WTI Crude Oil holds near $74 amid Middle East tensions, Iran threats, fueling fears of supply disruption.
U.S. May housing starts and permits decline sharply, signaling persistent weakness in the housing market despite lower rates.
Yen gains on trade data and inflation; USD/JPY faces resistance as markets eye Fed rate decision.
U.S. dollar weakens as Fed maintains rates; EU inflation steady; housing, gold down; oil edges higher.
Pound Sterling climbs on higher May inflation, boosting expectations ahead of BoE; technical trend remains bullish.
Markets remain cautious amid geopolitical tensions; dollar dips slightly, with inflation data and currency movements influencing sentiment.
Mario Centeno warns inflation goals unmet without growth; ECB’s tools include interest rates and quantitative measures.
UK and US near auto tariffs deal at 10%, unresolved steel tariffs risk doubling after 9 July.
Euro climbs 0.2% amid USD weakness; CPI steady, markets anticipate modest easing by March.
US mortgage applications fell 2.6% as rates dipped to 6.84%, reversing the prior week’s gains.
Insights 
VT 
