Monthly Archives: July 2025
The year-on-year Redbook Index for the United States rose to 4.9%, up from 4.5%
Written on July 1, 2025 at 7:42 pm, by
U.S. Redbook Index rises to 4.9%, indicating increased retail sales and consumer spending nationwide.
A panel discussion will feature central bankers addressing economic uncertainty at the upcoming ECB summit
Written on July 1, 2025 at 7:19 pm, by
Central bank leaders meet amid uncertainty; markets eye PMI data, job openings, and fluctuating yields and currencies.
In June, South Africa’s new vehicle sales rose to 47,294 from 45,308
Written on July 1, 2025 at 6:43 pm, by
South Africa’s vehicle sales rose; forex steady; gold holds bias; Bitcoin Cash rallies; oil faces threats.
The USDCHF remains under pressure, needing buyers to surpass key levels for a potential reversal
Written on July 1, 2025 at 6:19 pm, by
USDCHF nears 2011 lows; reversal needs support or break above key levels to shift bearish momentum.
Rabobank’s Bas van Geffen stated that the ECB’s strategy review indicated minimal changes to policies
Written on July 1, 2025 at 6:13 pm, by
ECB confirms 2% inflation target, may act assertively on deviations, using rates primarily, QE if needed.
The EUR/USD pair continues its upward trend for the tenth day, easing from recent peaks
Written on July 1, 2025 at 5:43 pm, by
Euro rises for tenth day as weak Dollar, improved Eurozone data, and trade tensions fuel market movement.
The USD declines as central bank leaders prepare to discuss monetary policy at Sintra forum
Written on July 1, 2025 at 5:19 pm, by
USD weakens as central bankers speak at Sintra; yen strengthens, inflation steady, commodities rise, bitcoin drops.
Commerzbank reported continuous growth in China’s gold market, with 48.1 tons imported from Hong Kong
Written on July 1, 2025 at 5:13 pm, by
Gold imports to China rise amid tariff fears; production, ETF interest, and Hong Kong trading also grow.
Muller suggests ECB should maintain interest rates, indicating no urgency for reductions despite euro’s rise
Written on July 1, 2025 at 4:49 pm, by
ECB policymaker sees no urgent need to change rates; euro’s rapid rise not a major concern.
According to Commerzbank’s Thu Lan Nguyen, gold prices have increased once more recently
Written on July 1, 2025 at 4:42 pm, by
Gold prices rise amid US rate cut speculation and fiscal concerns; upcoming jobs data may shift outlook.
