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Recent Posts by davin

US core PCE inflation rose to 3% year on year in December, exceeding the 2.9% forecast

US core PCE hit 3% vs 2.9% expected, stoking “higher for longer” fears. Fading March rate-cut odds are boosting dollar strength, lifting VIX, and driving volatility in SOFR options. – vtmarketsmy.com

The preliminary US February S&P Global PMI data will be released at 14:45 GMT, potentially affecting EUR/USD volatility

Friday’s US flash PMI could boost the dollar: services and manufacturing are expected to rise. EUR/USD broke 1.1766 support; below the 20-day EMA, traders eye 1.1670 and bearish options. – vtmarketsmy.com

Buoyant UK sales and PMI lift sterling, pushing EUR/GBP lower despite stronger Eurozone PMI support

EUR/GBP slipped as booming UK retail sales and strong PMIs lifted Sterling, while Eurozone data failed to inspire. Despite a weekly rise, traders may target 0.8550 via puts. – vtmarketsmy.com

Commerzbank’s Baur says Australia’s strong jobs and 4.1% unemployment are tempered by weak wage growth, limiting AUD gains

Australia adds 17,800 jobs and holds 4.1% unemployment, backing an RBA hike. But wages match inflation, limiting real gains. Commerzbank sees one more hike, capping AUD upside. – vtmarketsmy.com

ING’s Warren Patterson and Ewa Manthey say gold is hovering near $5,000/oz, with further upside risks amid geopolitical reassessment

Gold near $5,000/oz stays buoyant as US-Iran tensions and central-bank buying fuel demand. Rate-cut hopes add support. Elevated volatility favors options: call spreads for upside, covered calls for income. – vtmarketsmy.com

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