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DBS economists say US ruling shifts ASEAN-6 tariffs to MFN plus 15% under Section 122 until July 2026

US court scraps IEEPA tariffs: ASEAN-6 revert to MFN plus 15% Section 122 until July 2026. Malaysia/Thailand/Vietnam/Indonesia gain; Singapore slightly loses. Exemptions persist; investors eye FX longs and volatility plays. – vtmarketsmy.com

The euro trades near 1.1775 after rebounding from last week’s monthly low, as a tariff ruling and Fed speakers unsettle EUR/USD

EUR/USD hovered near 1.1775 after a bounce, as split Fed-rate views supported the dollar. Later, policy divergence flipped bullish for euros. Watch key levels, data, and options plays. – vtmarketsmy.com

Wall Street equities recover as the Dow surpasses 49,000 and an AMD–Meta agreement lifts semiconductors and broader indices

US stocks bounced after an AI-driven rout: Dow +425, Nasdaq +0.9%. AMD surged 8% on Meta’s huge GPU deal. VIX cooled. Tariffs and Nvidia earnings keep volatility high. – vtmarketsmy.com

Bailey told a committee that easing may follow if inflation hits its target, though confidence is growing gradually

BoE signals rate cuts could start soon as inflation nears 2%, but sticky services prices keep caution high. Markets brace for volatility; traders eye options as GBP strength may fade. – vtmarketsmy.com

In February, the Conference Board reported that US consumer confidence rose to 91.2 from January’s revised 89.0

Consumer confidence is rebounding: 91.2 in Feb 2025, climbing to 103.5 by Jan 2026. A stronger consumer supports a firmer dollar, steadier stocks, and cheaper volatility hedges. – vtmarketsmy.com

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