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Recent Posts by davin

The import price index for the United States increased from 0% to 0.4%

The U.S. Import Price Index rose 0.4% in October, signaling persistent inflation and stronger dollar trends. This affects global markets, currency pairs, and investor strategies, amid rising Treasury yields and economic divergence. – vtmarketsmy.com

Canada’s wholesale sales fell by 1.8% in November, missing the expected 0.1% increase

Canada’s wholesale sales fell 1.8%, indicating economic cooling. This weakness impacts the Canadian dollar, while USD/CAD rises. Traders are advised to consider options strategies amidst increased market volatility. – vtmarketsmy.com

Philadelphia Fed manufacturing survey exceeds predictions with an actual score of 12.6

Manufacturing in the U.S. unexpectedly thrives, boosting the dollar and impacting currency pairs like GBP/USD and EUR/USD. Gold and cryptocurrencies stall, indicating potential market shifts ahead for investors. – vtmarketsmy.com

The NY Empire State Manufacturing Index in the United States shows a value of 7.7, surpassing expectations.

The Empire State Manufacturing Index rose to 7.7, signaling economic resilience and impacting global currencies. With a stronger dollar and rising Treasury yields, strategize for continued dollar strength and higher interest rate volatility. – vtmarketsmy.com

NVIDIA shares drop 1.4% as China halts H200 AI chip imports

NVIDIA shares dipped 1.4% as China blocked imports of its H200 AI chips, creating uncertainty around revenue from the Chinese market. Traders should brace for volatility and watch key support levels. – vtmarketsmy.com

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