Monthly Archives: February 2026
US pending home sales fell 0.8% month on month in January, missing forecasts of a 1.3% rise
Written on February 19, 2026 at 10:11 pm, by davin
US pending home sales unexpectedly fell 0.8% in January, signaling a slowing housing recovery. High mortgage rates squeeze buyers, boosting rate-cut bets, pressuring housing stocks, and potentially weakening the dollar. – vtmarketsmy.com
TD Securities expects eurozone PMIs to show a rebound in France’s services and an improvement in Germany’s manufacturing, backed by defence spending.
Written on February 19, 2026 at 10:11 pm, by davin
Eurozone PMIs hint at a fragile France-Germany rebound, still below 50. With inflation sticky and growth weak, traders eye sideways DAX plays, rate-cut skepticism, and cheap volatility protection. – vtmarketsmy.com
Gold trades flat below $5,000, held back by a strong US dollar, Fed hawkishness and geopolitical tensions
Written on February 19, 2026 at 10:10 pm, by davin
Gold stalled near $5,000 as strong US data lifted the dollar and hawkish Fed minutes hinted rates stay high. Rising Iran strike fears and tight ranges suggest an imminent breakout. – vtmarketsmy.com
US indices avoided an early plunge before reversing lower into the close; he warned clients about QQQ 608 premarket.
Written on February 19, 2026 at 9:11 pm, by davin
Stocks faded after a fake rally, signaling distribution near highs. Hot inflation dims rate-cut hopes, volatility rises, and tech looks shaky. Traders should stay nimble, take profits fast, and consider protective puts. – vtmarketsmy.com
EUR/USD hits a four-week low as strong US data dampens rate-cut expectations and lifts the dollar
Written on February 19, 2026 at 9:11 pm, by davin
EUR/USD hit 1.1748, its lowest since January, as strong US data lifted the Dollar. Fed cuts look delayed while Eurozone stays weak, widening policy divergence—setting up further downside toward 1.1700. – vtmarketsmy.com
As Nifty slid toward 25,400 amid panic, Elliott Wave traders calmly waited for an alternate scenario setup
Written on February 19, 2026 at 9:10 pm, by davin
Nifty’s 400-point plunge sparks panic—but Elliott Wave flags key support near 25,500. With VIX spiking, FIIs selling, and puts stacked, is this a buy-the-dip chance or deeper correction? – vtmarketsmy.com
NBC’s Daren King says Canadian home sales fell 5.8% month over month for a third straight month nationwide amid trade worries
Written on February 19, 2026 at 9:10 pm, by davin
Canada’s home sales slid 5.8% in January, the third straight drop and nationwide. Weather played a role, but trade uncertainty is biting harder than rate cuts—watch bonds, loonie, and banks. – vtmarketsmy.com
US unemployment claims fell to 206,000, with fewer people filing new benefit applications in the week ending 14 February
Written on February 19, 2026 at 8:11 pm, by davin
Surprise US jobless claims dropped to 206K, boosting the dollar near 97.90. With inflation sticky and sales strong, markets expect Fed rate cuts delayed, keeping rates higher. – vtmarketsmy.com
EUR/GBP stays firm near 0.8737 as UK data fuels expectations of BoE rate cuts and weakens sterling
Written on February 19, 2026 at 8:11 pm, by davin
Euro steadies near 0.874 versus Pound as UK inflation and jobs cool, boosting BoE rate-cut bets. ECB holds firm after Lagarde chatter fades. Next: UK retail sales, PMIs—range trading in focus. – vtmarketsmy.com
S&P 500 futures remain rangebound after a higher rejection, reverting to a pivot as New York weighs a breakout versus a lower retest
Written on February 19, 2026 at 8:10 pm, by davin
S&P 500 futures are stuck in a choppy range—will New York break it? Watch 6866 pivot, 6909 resistance, 6827 support. Low VIX favors range option selling until a decisive breakout. – vtmarketsmy.com
