UK Rightmove House Prices for June 2025: -0.3% m/m, compared with a typical 0.4% rise for the usual month of June +0.8% y/y, smallest annual rise since August 2024 Rightmove commentary: “It appears that we’re now seeing the decade-high level of homes for sale, and the recent stamp duty increases in England, have a delayed impact on new sellers’…
South Korea Trade Balance remains unchanged at $6.94B in May
The People’s Bank of China Friday announcement: to inject 400 billion yuan into its banking system via outright reverse repos on June 16 six months tenor Last week the Bank injected 1 trillion yuan in reverere repos in the 3-month tenor the injections aim to offset the record 4 trillion yuan in interbank negotiable certificate of deposit (NCD) maturities…
Pound Sterling corrects sharply against US Dollar amid Iran-Israel conflict The Pound Sterling (GBP) underperforms against its major peers on Friday, except for antipodean currencies, as market sentiment turns risk-averse amid escalating geopolitical tensions in the Middle East. Israel has announced a war against Iran after striking dozens of targets in the northeast region of Tehran, including nuclear facilities…
US knew of the attack ahead of time. The battle with Iran is not over. Expect that Iran will attack Israel The surprise is the secret of success Plans to talk with Iranian people directly Meanwhile the Israeli UN envoy says They do not know how long operation in Iran will take place Will continue to act until we…
United States (US) President Donald Trump told the Wall Street Journal that the US was aware of Israel’s plans to attack Iran. Trump further noted that he spoke with Israeli Prime Minister Benjamin Netanyahu on Thursday and added that he plans to speak with again on Friday. “Attack would be great for the market because Iran will not have…
GBPUSD technicals The GBPUSD started the day by making a new high for the year during the early Asian session, but risk-off flows following an Israeli strike on Iran triggered a sharp reversal. The flight to safety into the US dollar pushed the pair lower, breaking below both the 100- and 200-hour moving averages, which were converged near 1.3544….
Israel attacks Iran overnight, targeting nuclear officials and military sites. Trump pushes Iran to make a nuclear deal, but negotiations are likely over. Oil prices surge over 8%, which could push inflation higher. Dow Jones opens 1% lower, while US Treasury yields rise. Israel launched unilateral strikes on Iranian officials, military sites and nuclear facilities on Thursday night, hostilities…
Present trump is now telling Reuters that Iran has sustained a devastating hit. It is unclear if Iran still has a nuclear program He is not concerned about a regional war breaking out as a result of Israel’s strike on Iran. I tried to save Iran’s humiliation and death. Israelis ultimate objective is to ensure Iran does not possess…
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