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Recent Posts by davin

US unemployment claims fell to 206,000, with fewer people filing new benefit applications in the week ending 14 February

Surprise US jobless claims dropped to 206K, boosting the dollar near 97.90. With inflation sticky and sales strong, markets expect Fed rate cuts delayed, keeping rates higher. – vtmarketsmy.com

EUR/GBP stays firm near 0.8737 as UK data fuels expectations of BoE rate cuts and weakens sterling

Euro steadies near 0.874 versus Pound as UK inflation and jobs cool, boosting BoE rate-cut bets. ECB holds firm after Lagarde chatter fades. Next: UK retail sales, PMIs—range trading in focus. – vtmarketsmy.com

S&P 500 futures remain rangebound after a higher rejection, reverting to a pivot as New York weighs a breakout versus a lower retest

S&P 500 futures are stuck in a choppy range—will New York break it? Watch 6866 pivot, 6909 resistance, 6827 support. Low VIX favors range option selling until a decisive breakout. – vtmarketsmy.com

Canada’s annual new housing price index fell to -2.3% from -2% in January, signaling weakness

Canada’s new home prices fell 2.3% year-over-year in January, deepening weakness. Markets may price earlier Bank of Canada cuts, pressuring the loonie, banks, and boosting options trades on rates, CAD, and TSX volatility. – vtmarketsmy.com

In December, Canada’s employment insurance claimants rose 0.4% month on month, slowing from 1.6% previously

Canada’s Employment Insurance growth slowed to 0.4% in December from 1.6%, hinting labor weakness is easing. That could reduce Bank of Canada cut odds, support CAD, and lower TSX volatility. – vtmarketsmy.com

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