Monthly Archives: February 2026
Consumer Price Index growth in South Korea matches expectations at 0.4% for the month
Written on February 3, 2026 at 5:09 am, by davin
In January 2026, South Korea’s consumer prices rose 0.4%, while gold prices climbed in Malaysia amid a weaker USD. Cryptocurrency showed recovery, hinting at potential market shifts. – vtmarketsmy.com
Pound Sterling’s decline slows ahead of Bank of England’s decision, with GBP/USD at 1.3646
Written on February 3, 2026 at 5:09 am, by davin
The GBP is stabilizing around 1.3650 against the USD as traders await the BoE’s Thursday decision. Persistent UK inflation complicates outlooks, potentially impacting future GBP movements significantly. – vtmarketsmy.com
Week Ahead: Gold Falters With Dollar Recovery
Written on February 3, 2026 at 4:42 am, by ahmad
Markets began the week in disarray after gold experienced a dramatic technical reset, forcing traders to abandon the previously dominant parabolic thesis. A sharp liquidation wiped out weeks of gains in a single session, marking a decisive shift in sentiment. What had looked like a relentless march towards the $6,000 level unravelled abruptly on Friday, Continue Reading
Ongoing contraction in China’s manufacturing and services sectors pressures economic outlook, says Commerzbank
Written on February 3, 2026 at 4:09 am, by davin
China’s economy struggles as manufacturing and services contract, with GDP growth projected to slow to 4% in 2026. Traders should prepare for volatility amid potential government stimulus to boost recovery. – vtmarketsmy.com
The Euro falls against the Dollar due to strong US economic indicators and a change in Fed leadership.
Written on February 3, 2026 at 4:09 am, by davin
US economic indicators show mixed signals, with strong job growth contrasting a partial shutdown. Meanwhile, the euro faces challenges as eurozone data lags. Watch for upcoming ECB events impacting EUR/USD. – vtmarketsmy.com
MUFG predicts the Indian Rupee will face challenges until 2026.
Written on February 3, 2026 at 4:09 am, by davin
The Indian Rupee is set to weaken until 2026 due to slow fiscal consolidation and rising borrowing needs, prompting traders to strategically invest in USD/INR options for expected depreciation. – vtmarketsmy.com
A cautiously optimistic economic forecast for Hong Kong driven by financial services and private consumption
Written on February 3, 2026 at 4:09 am, by davin
Standard Chartered Bank predicts Hong Kong’s GDP will grow by 2.6% in 2024 and 3.5% in 2025, driven by financial services and rising consumer spending, despite global uncertainties. – vtmarketsmy.com
The Chinese Renminbi is strengthening against the dollar due to China’s currency internationalization efforts.
Written on February 3, 2026 at 3:10 am, by davin
Rabobank’s report highlights the strengthening of the Chinese Renminbi against the US Dollar, driven by China’s goal to internationalize its currency, posing potential challenges to the Dollar’s dominance. – vtmarketsmy.com
Silver declines over 5% as positive US data increases risk appetite
Written on February 3, 2026 at 3:09 am, by davin
Silver prices plunged over 5% to around $80.40, driven by strong US job data and a bullish economic outlook. Resistance is now at $85.87, with further declines likely ahead. – vtmarketsmy.com
In January, Argentina’s tax revenue dropped from 16,527.3 billion to 18 billion.
Written on February 3, 2026 at 3:09 am, by davin
Argentina’s tax revenue plummeted to 18 billion, heightening fiscal crisis fears, while the Reserve Bank of Australia is poised to raise rates to combat inflation. Geopolitical issues keep markets volatile. – vtmarketsmy.com
