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Recent Posts by davin

Nomura says the euro should outperform sterling as UK data shift rate expectations and politics raise underpriced risks

Nomura says UK wages and jobs are cooling, supporting BoE-ECB rate convergence. Sticky services inflation may delay near-term cuts. Narrowing spreads can lift EUR/GBP, amid by-election and EU-trade risks. – vtmarketsmy.com

Nasdaq-listed Xcel Energy completes wave (II) near $43.64 and turns higher as a strong wave (III) begins

Xcel Energy may be starting a new multi-quarter rally: Elliott Wave turns bullish above $43.64. With earnings beat, rising power demand, and low volatility, consider long-dated calls or conservative put spreads. – vtmarketsmy.com

TD Securities says softer Canadian core inflation makes it easier for the Bank of Canada to respond to growth headwinds

Canada’s inflation undershot forecasts: CPI hit 2.3% as core momentum cooled. With GDP soft and unemployment rising, markets expect BoC cuts, pushing Canadian rates and loonie lower. – vtmarketsmy.com

America’s Redbook Index year-on-year growth rose to 7.2% in February, up from 6.5% previously.

Redbook spending surged to 7.2%, echoing strong retail sales and sticky 3.3% inflation—cooling hopes for fast Fed cuts. Markets now price “higher for longer,” raising volatility and pressure on bonds, stocks. – vtmarketsmy.com

Gold holds steadier after declines as easing geopolitical tensions and a stronger US dollar curb gains

Gold rebounded to $4,952 after a $4,842 dip, but strong dollar and easing geopolitics capped gains. Watch $4,838 support and $5,011 resistance as Fed data nears, boosting volatility-driven option trades. – vtmarketsmy.com

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