Monthly Archives: January 2026
RBC Economics reports that Canada’s job growth is slow and uneven, indicating a gradual market recovery.
Written on January 9, 2026 at 11:26 pm, by davin
Canada’s labour market showed a slight gain in December, with unemployment rising to 6.8%. Stability in trade sectors suggests a slow recovery, impacting interest rates and currency strategies moving forward. – vtmarketsmy.com
University of Michigan’s Consumer Sentiment Index rises to 54, exceeding the expected 53.5
Written on January 9, 2026 at 11:25 pm, by davin
US consumer confidence is rising, boosting the Dollar Index and suggesting lasting inflation pressures. Traders might benefit from hedging strategies as the market braces for enduring interest rates. – vtmarketsmy.com
Rio Tinto and Glencore are in talks about a possible merger that includes Glencore’s coal operations.
Written on January 9, 2026 at 10:26 pm, by davin
Rio Tinto and Glencore are considering a merger amid rising copper demand. With Glencore’s stock surging and Rio’s dropping, this scenario offers trading opportunities but faces regulatory challenges that could halt progress. – vtmarketsmy.com
Consumer inflation expectations in the United States held steady at 4.2% in January.
Written on January 9, 2026 at 10:26 pm, by davin
US consumer inflation expectations remain steady at 4.2%, impacting the dollar’s strength. Gold prices surge, while cryptocurrencies decline. Upcoming CPI data could shift market dynamics significantly. – vtmarketsmy.com
The Consumer Expectations Index in Michigan increased from 54.6 to 55 in January.
Written on January 9, 2026 at 10:26 pm, by davin
Consumer sentiment in Michigan shows a slight rise, but economic concerns remain. Gold prices hit yearly highs despite a strong dollar, while cryptocurrency struggles. Key CPI data next week could alter trends. – vtmarketsmy.com
US consumer inflation expectations for five years increased from 3.2% to 3.4%
Written on January 9, 2026 at 10:26 pm, by davin
US consumer inflation expectations rise to 3.4%, signaling ongoing financial challenges. With a strong dollar and gold prices above $4,500, market volatility is anticipated ahead of key economic reports. – vtmarketsmy.com
The Michigan Consumer Sentiment Index in the US reached 54, surpassing the expected 53.5.
Written on January 9, 2026 at 9:26 pm, by davin
The US Dollar is strengthening amid reduced expectations for Fed rate cuts, while gold soars due to market fear. Upcoming CPI data could amplify volatility; traders should prepare for price swings. – vtmarketsmy.com
Scotiabank’s strategists say the Pound is slightly weak against most G10 currencies
Written on January 9, 2026 at 9:26 pm, by davin
The Pound Sterling (GBP) dipped 0.2%, underperforming against G10 currencies, as mixed signals and domestic data loom. Watch for Bank of England’s next moves amidst growing bearish sentiment. – vtmarketsmy.com
Commerzbank reports that China increased net gold imports from Hong Kong to 16.2 tons in November.
Written on January 9, 2026 at 9:26 pm, by davin
China’s gold imports from Hong Kong doubled to 16.2 tons in November, yet demand remains low. As prices decline, watch for a resurgence in buying ahead of Lunar New Year. – vtmarketsmy.com
Scotiabank strategists say the Euro has weakened slightly against the US Dollar due to mixed data.
Written on January 9, 2026 at 9:26 pm, by davin
The Euro continues to decline against the US Dollar, facing mixed economic data and weakened support. Traders are increasingly seeking protection from further downturns, raising concerns for the currency’s stability. – vtmarketsmy.com