Monthly Archives: February 2026
Commerzbank’s Michael Pfister says ECB and Riksbank officials are worried about the euro’s strength as the dollar weakens
Written on February 26, 2026 at 2:11 pm, by davin
Euro surges as dollar fades, worrying ECB and Riksbank. They watch speed, not level, since rapid gains alter imported inflation fast. PPP says euro undervalued; options traders expect volatility and pullbacks. – vtmarketsmy.com
The dollar index rises toward 97.75 in Europe as investors overlook US tariff uncertainty after early losses
Written on February 26, 2026 at 2:11 pm, by davin
DXY rebounded toward 97.75 as tariff drama returns: the Supreme Court curbed Trump’s authority, but new 10% global duties loom. With the Fed on hold, volatility rises and choppy trading follows. – vtmarketsmy.com
According to data, silver trades at $87.50 an ounce, down 1.00% from $88.38 previously.
Written on February 26, 2026 at 2:10 pm, by davin
Silver dipped 1% to $87.50 as its 2026 rally pauses, but a potential Fed rate cut and booming solar demand could fuel the next surge—while the gold/silver ratio hints undervaluation. – vtmarketsmy.com
South Africa’s producer prices fell 0.2% in January, down from 0.2% previously
Written on February 26, 2026 at 1:11 pm, by davin
South Africa’s PPI slipped to -0.2% in January, hinting costs are easing. That boosts odds of SARB rate cuts, supports bond gains, and could weaken the rand. Traders eye swaps. – vtmarketsmy.com
South Africa’s annual producer price inflation eased to 2.2% from 2.9% in January
Written on February 26, 2026 at 1:11 pm, by davin
South Africa’s PPI slid to 2.2% in January from 2.9%, hinting inflation is easing fast. That could trigger earlier rate cuts, boost bonds and JSE, but weaken the rand. – vtmarketsmy.com
Eurozone three-month M3 money supply growth rose to 3% from 2.9%
Written on February 26, 2026 at 1:11 pm, by davin
Eurozone M3 growth edged up to 3.0%, hinting liquidity is holding firm. That may ease pressure for ECB rate cuts, boost the euro, and weigh on equities—time to rethink Euribor bets. – vtmarketsmy.com
Lagarde told Parliament’s ECON committee that eurozone inflation should settle at the ECB’s 2% goal in the medium term
Written on February 26, 2026 at 1:10 pm, by davin
Lagarde says ECB inflation fight is working, with eurozone prices stabilising near 2% and food easing. Policy stays data-driven, limiting near-term euro upside and favouring range trades over rapid rate cuts. – vtmarketsmy.com
Italy’s February consumer confidence beat forecasts, rising to 97.4 vs. 97.2 expected
Written on February 26, 2026 at 12:11 pm, by davin
Italy’s consumer confidence beat forecasts, hinting resilience. That supports Italian equities, favors short-dated FTSE MIB put-selling and bank call spreads, while ECB rate cuts may slip as volatility stays low. – vtmarketsmy.com
Italy’s business confidence index fell to 88.5 in February, down from 89.2
Written on February 26, 2026 at 12:11 pm, by davin
Italy’s business confidence slipped to 88.5 in February, hinting at slowing growth. Traders may hedge Italian equities, watch BTP-Bund spreads widening, and brace for euro pressure as ECB cut odds rise. – vtmarketsmy.com
Pesole highlights Lagarde’s ECON testimony as markets expect ECB rates to stay unchanged through 2026; CPI is unlikely to shift EUR/USD 1.1750 support
Written on February 26, 2026 at 12:10 pm, by davin
Lagarde signals “agile” ECB, but markets expect flat rates through 2026. EUR/USD stays range-bound as US yields beat Europe. Watch 1.1750 support—only Iran escalation may break calm. – vtmarketsmy.com
