About: davin
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OCBC strategists say strong US payrolls are keeping the labour market steady, allowing the Fed to be patient on cuts despite lingering structural risks
US jobs beat expectations, nudging unemployment lower and letting the Fed delay cuts—supporting a rangebound dollar. Traders may sell near-term dollar volatility, while global growth boosts AUD/NZD ahead of CPI. – vtmarketsmy.com
Written on February 12, 2026 at 10:09 pm
Categories: Live Updates
Scotiabank analysts say EUR/USD stabilises after NFP dip as spreads and correlations recover, targeting 1.20
EUR/USD steadies after a jobs-data dip, hinting at renewed upside. Bullish trend since February 2025 holds; yields support euro strength. Resistance thins above 1.19, targeting 1.20. Traders eye calls, or sell puts. – vtmarketsmy.com
Written on February 12, 2026 at 10:09 pm
Categories: Live Updates
U.S. existing home sales fell 8.4% month on month in January, reversing a previous 5.1% rise
Home sales just plunged 8.4% in January—wiping out last month’s gains. High 6.8% mortgages are crushing affordability, hitting housing stocks, boosting rate-cut bets, and reviving volatility hedges. – vtmarketsmy.com
Written on February 12, 2026 at 10:09 pm
Categories: Live Updates
U.S. existing home sales missed forecasts, coming in at 3.91M month on month versus 4.15M expected in January
Surprise housing slump: January existing home sales missed forecasts (3.91M vs 4.15M), highlighting affordability pain from 7%+ mortgages, boosting rate-cut odds and reshaping trades in housing stocks and bonds. – vtmarketsmy.com
Written on February 12, 2026 at 10:08 pm
Categories: Live Updates
ICE Brent nears $70/bbl as Iran and OPEC+ cut uncertainty, countering a large US stock build
Brent nears $70 as Iran fears and OPEC+ cuts outweigh a huge U.S. stock build. Drone-hit refinery news lifts margins, but Kazakhstan’s CPC exports rebound soon, limiting gains. India’s Russian demand shift looms. – vtmarketsmy.com
Written on February 12, 2026 at 9:10 pm
Categories: Live Updates
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