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Commerzbank reports that the Riksbank keeps its rate at 1.75% amid steady economic growth.
Riksbank holds rates at 1.75% amid growth but faces inflation decline to 1.4% and rising unemployment. Traders pivot to SEK depreciation, anticipating further rate cuts and increased volatility. – vtmarketsmy.com
Written on February 4, 2026 at 11:08 pm
Categories: Live Updates
Intuit sees 11% decline due to downturn in technology and software sectors
Intuit’s stock dropped 11% amid tech sector declines, hitting a critical $400 level. Traders eye this support for potential bounce opportunities, with high volatility suggesting strategic options plays for investors. – vtmarketsmy.com
Written on February 4, 2026 at 10:09 pm
Categories: Live Updates
In January, the US ISM Services PMI stayed at 53.8, surpassing expectations of 53.5.
The ISM Services PMI held steady at 53.8 in January, surpassing expectations. Though inflation pressures are rising, employment is weakening, suggesting mixed signals that may affect market volatility and the US Dollar’s strength. – vtmarketsmy.com
Written on February 4, 2026 at 10:09 pm
Categories: Live Updates
ISM Services PMI for the United States reaches 53.8, exceeding expectations of 53.5
The US ISM Services PMI rose to 53.8, boosting the US Dollar while gold fell below $5,000. Mixed data influences currencies, with key economic events approaching for Europe and the UK. – vtmarketsmy.com
Written on February 4, 2026 at 10:09 pm
Categories: Live Updates
ISM services prices paid in the US increased to 66.6, up from 64.3.
US ISM Services Prices rose to 66.6, boosting the dollar and pressuring gold below $5,000. Currency pairs like EUR/USD and GBP/USD face vulnerabilities, hinting at continued market volatility ahead. – vtmarketsmy.com
Written on February 4, 2026 at 10:08 pm
Categories: Live Updates
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