Monthly Archives: February 2026
ING’s Warren Patterson and Ewa Manthey say gold is hovering near $5,000/oz, with further upside risks amid geopolitical reassessment
Written on February 20, 2026 at 3:11 pm, by davin
Gold near $5,000/oz stays buoyant as US-Iran tensions and central-bank buying fuel demand. Rate-cut hopes add support. Elevated volatility favors options: call spreads for upside, covered calls for income. – vtmarketsmy.com
ING’s Warren Patterson and Ewa Manthey say gold is hovering near $5,000/oz, with further upside risks as geopolitics are reassessed
Written on February 20, 2026 at 3:11 pm, by davin
Gold nears $5,000/oz as US-Iran tension and rate-cut hopes fuel demand. Central banks keep buying, but volatility stays high. Hook: trade spikes with call spreads, sell covered calls. – vtmarketsmy.com
In India’s afternoon session, the rupee stayed lower against the dollar after a weak open, amid FII selling and higher oil prices
Written on February 20, 2026 at 3:11 pm, by davin
Rupee slips near 91.20 as oil spikes on Iran strike fears and foreign investors sell. Stronger dollar, cautious Fed, and limited RBI support keep USD/INR biased higher, with resistance 91.66. – vtmarketsmy.com
S&P Global reported that the UK services PMI rose to 53.9 in February, beating the 53.6 forecast
Written on February 20, 2026 at 3:11 pm, by davin
UK Services PMI hit 53.9 in February, beating forecasts and signaling continued growth. Resilience may delay Bank of England rate cuts, boosting GBP, pressuring SONIA futures, and supporting FTSE 250 longs. – vtmarketsmy.com
UK S&P Global manufacturing PMI beat expectations, rising to 52 in February versus a 51.8 forecast
Written on February 20, 2026 at 2:11 pm, by davin
UK manufacturing surprised on the upside: PMI hit 52 vs 51.8, signalling a second month of growth. This could delay BoE rate cuts, boost FTSE 250, support sterling, and lift gilt yields. – vtmarketsmy.com
UK S&P Global Composite PMI rises to 53.9 in February, beating the 53.4 forecast, data shows
Written on February 20, 2026 at 2:11 pm, by davin
UK Composite PMI hit 53.9 in February, beating forecasts and signaling 14-month-high growth. Expect fewer near-term BoE cuts, firmer GBP, stronger UK equities, and higher gilt volatility—consider options positioning. – vtmarketsmy.com
Greece’s current account deficit widened year on year to €3.862B from €2.078B in December
Written on February 20, 2026 at 2:11 pm, by davin
Greece’s current account deficit just widened sharply to €-3.862B, signaling rising reliance on foreign funding. That could weigh on the euro, pressure Greek stocks and banks, and spark volatility. – vtmarketsmy.com
Eurozone HCOB manufacturing PMI beat forecasts, rising to 50.8 and signalling slightly stronger factory activity in February
Written on February 20, 2026 at 2:10 pm, by davin
Eurozone manufacturing just flipped into growth: HCOB PMI hit 50.8 vs 50 forecast, breaking months of contraction. This surprise resilience could boost equities, lift EUR/USD, and push Bund yields higher. – vtmarketsmy.com
In February, the Eurozone HCOB composite PMI rose to 51.9, beating analysts’ 51.5 forecast
Written on February 20, 2026 at 1:11 pm, by davin
Eurozone growth just surprised: HCOB Composite PMI hit 51.9, beating forecasts. That strengthens the euro and stocks, clouds ECB rate-cut hopes, and may cool volatility—yet risks remain; do research. – vtmarketsmy.com
In February, the Eurozone HCOB services PMI missed forecasts, coming in at 51.8 versus 52 expected
Written on February 20, 2026 at 1:11 pm, by davin
Eurozone services growth slowed: HCOB Services PMI 51.8 vs 52 expected. That miss could soften ECB’s hawkish stance, weaken the euro, boost Bunds, and lift volatility—opening options opportunities. – vtmarketsmy.com
