Monthly Archives: February 2026
The week started with ongoing declines in gold and silver prices, which need important attention.
Written on February 2, 2026 at 12:09 pm, by davin
Gold and Silver face steep declines amid a strengthening US Dollar following a Fed chair nomination. Traders should consider short positions as economic updates could further influence market dynamics. – vtmarketsmy.com
Spain’s HCOB Manufacturing PMI drops to 49.2 in January, missing forecasts of 49.9
Written on February 2, 2026 at 12:09 pm, by davin
Spain’s manufacturing PMI fell to 49.2 in January, indicating contraction. Market watchers brace for economic implications, with potential volatility in euro and Spanish equities prompting strategies like buying options to hedge or profit. – vtmarketsmy.com
DBS Bank’s research shows how US actions on Iran could affect oil prices amid rising tensions
Written on February 2, 2026 at 12:09 pm, by davin
US intervention in Iran could push oil prices to $100 per barrel, creating market volatility and geopolitical risks that may disrupt global supply chains, emphasizing the need for cautious trading strategies. – vtmarketsmy.com
The Australian dollar weakens against a stable US dollar following recent PMI data from China.
Written on February 2, 2026 at 11:10 am, by davin
The Australian Dollar is under pressure from mixed economic signals, while the US Dollar remains resilient due to strong job growth and cautious monetary policy forecasts. Traders might consider strategic options to navigate these market dynamics. – vtmarketsmy.com
Deutsche Bank report shows 8.95% drop in gold prices due to Fed Chair nomination
Written on February 2, 2026 at 11:09 am, by davin
Gold prices plummeted 8.95%, their steepest drop since 2013, driven by heightened Fed rate hike expectations after Kevin Warsh’s nomination. This volatility hints at a shifting market landscape for precious metals. – vtmarketsmy.com
Sweden’s Manufacturing PMI rises to 56, up from 55.3
Written on February 2, 2026 at 11:09 am, by davin
Sweden’s manufacturing PMI rose to 56, signaling sector growth, but the US dollar’s strength overshadows this with aggressive rate hike expectations. Traders should prepare for continued market volatility. – vtmarketsmy.com
Switzerland’s real retail sales increased by 2.9% in December, exceeding the expected 2.5% growth.
Written on February 2, 2026 at 11:09 am, by davin
Switzerland’s retail sales exceeded expectations, while the US Dollar strengthens amid Fed leadership changes. Gold and cryptocurrencies face declines. Market volatility increases, providing trading opportunities in currency pairs. – vtmarketsmy.com
The US Dollar Index stays stable above 97.00 after previous gains, nearing PMI data release.
Written on February 2, 2026 at 10:11 am, by davin
The US Dollar Index holds steady above 97.00 amid cautious Federal Reserve outlooks following Kevin Warsh’s nomination. Political developments influence market sentiment, creating new risks for traders. – vtmarketsmy.com
In January, forecasts predicted a 0.3% increase in UK Nationwide housing prices, and that goal was met.
Written on February 2, 2026 at 10:10 am, by davin
UK housing prices rose 0.3% in January 2026, indicating market stability amid economic challenges. This resilience may support the pound and boost confidence in UK stocks, especially in banking and construction. – vtmarketsmy.com
In January, the UK Nationwide’s annual housing prices surpassed forecasts by 1%, reaching 0.7%.
Written on February 2, 2026 at 10:10 am, by davin
UK housing prices rose unexpectedly by 1% in January, while silver fell significantly and the USD strengthened after a new Federal Reserve Chair nomination. Market volatility suggests careful trading strategies. – vtmarketsmy.com
