Monthly Archives: February 2026
TD Securities expects UK January inflation at 3.1% (core 3.2%), unemployment at 5.1%, and employment to stabilise further
Written on February 16, 2026 at 8:09 pm, by davin
UK inflation is easing, but sticky core and services keep the Bank of England cautious. Markets delay rate cuts, favoring high-for-longer trades and range-bound GBP/USD with volatility-selling opportunities. – vtmarketsmy.com
Societe Generale analysts say an LNG influx is weakening Europe after US gas prices spiked then slid, while storage remains stable at average levels
Written on February 16, 2026 at 8:08 pm, by davin
Gas spiked above $7 in Fern, then slipped under $3 as storage stayed average. Cheaper EU carbon and rising LNG supply signal lower European prices, tighter US-TTF-JKM links, and near-zero LNG arbitrage by 2027. – vtmarketsmy.com
In Canada, seasonally adjusted housing starts totalled 238K in January, missing forecasts of 263.3K
Written on February 16, 2026 at 7:09 pm, by davin
Canada housing starts fell to 238K in January, missing forecasts by 25.3K. This sharp cooling boosts BoC rate-cut odds, likely lowering yields, weakening CAD, and pressuring banks/REITs. – vtmarketsmy.com
ING’s Chief Economist Peter Vanden Houte says Eurozone industry fell in December but rose year on year, signalling a continued recovery
Written on February 16, 2026 at 7:09 pm, by davin
Eurozone factories stumbled in December, but a rebound may be brewing: German orders surge, inventories normalize, and demand firms. Yet high gas costs, China competition, and U.S. tariffs still threaten. – vtmarketsmy.com
At the week’s quiet open, the euro weakens against the dollar, slipping toward 1.1850 ahead of US trading
Written on February 16, 2026 at 7:09 pm, by davin
EUR/USD slipped toward 1.1850 as thin holiday trading muted moves. Weak Eurozone output and bearish momentum keep pressure on the euro, with traders eyeing Fed/ECB remarks and key supports. – vtmarketsmy.com
Commerzbank says sceptical markets and weak flows are pushing the lira towards 44 USD/TRY as inflation rises
Written on February 16, 2026 at 7:08 pm, by davin
Turkish lira is sliding toward 44.0 per dollar as inflation expectations rise, current-account deficits widen, capital inflows fade, and reserves fall—fueling doubts about rebalancing and bets on further depreciation. – vtmarketsmy.com
With subdued markets, the US dollar edges higher against the Swiss franc, hovering near 0.7700
Written on February 16, 2026 at 6:09 pm, by davin
USD/CHF hovers near 0.7700 in a tight band as both USD and CHF weaken. Swiss inflation dips, boosting SNB intervention chatter, while softer US CPI fuels Fed-cut bets. Volatility looms. – vtmarketsmy.com
Sterling-dollar holds near 1.3640 at its 20-day EMA, ahead of UK labour data for the December quarter
Written on February 16, 2026 at 6:09 pm, by davin
GBP/USD is stuck near key averages, waiting on UK jobs and wages data. Strong numbers could support the pound; weak data risks a sharp drop. Traders eye options for volatility. – vtmarketsmy.com
Leow says traders are rethinking the US rate outlook as 10-year yields near 4% amid strong jobs and softer inflation
Written on February 16, 2026 at 6:09 pm, by davin
Volatility is resetting rate expectations: a “Goldilocks” US economy keeps yields near 4% and pushes Fed cuts to late 2026. Traders reprice SOFR, brace for higher-for-longer, and watch labor, CPI. – vtmarketsmy.com
MUFG’s Lee Hardman says strong US jobs reduce the urgency for Fed rate cuts, but falling inflation could allow easing in 2026
Written on February 16, 2026 at 6:08 pm, by davin
Jobs growth cools pressure for quick Fed cuts, but inflation is easing. With tariffs fading and global money rotating away from US assets, traders may target a weaker dollar in 2026. – vtmarketsmy.com
