About: davin
Recent Posts by davin
Canada’s housing starts for December exceeded expectations at 282.4K (YoY)
Canada’s housing starts exceeded expectations, signaling economic strength. Meanwhile, the USD/JPY dropped, gold weakened, and cryptocurrencies held support. Market watchers should prepare for upcoming US economic indicators influencing strategic trades. – vtmarketsmy.com
Written on January 16, 2026 at 5:26 pm
Categories: Live Updates
Russian Central Bank reserves fell from $763.9 billion to $752.5 billion.
Russia’s reserves drop to $752.5 billion, while silver hits record $93.75 amid supply issues. The strong US dollar pressures currencies and commodities, signaling caution in markets including oil and cryptocurrencies. – vtmarketsmy.com
Written on January 16, 2026 at 5:26 pm
Categories: Live Updates
Midcap stocks are likely to perform well because of geopolitical tensions, changes in commodity prices, and the resurgence of AI.
In 2026, major indices hit record highs, led by tech and mid-cap stocks. The FTSE 250 benefits from its domestic focus, while concentration risks in the S&P 500 raise trader concerns. – vtmarketsmy.com
Written on January 16, 2026 at 5:26 pm
Categories: Live Updates
Chris Turner from ING notes that the EUR/USD pair is experiencing low volatility of around 5% and remains range-bound.
EUR/USD is range-bound with low volatility around 5%, favoring Euro carry trades. Market conditions suggest bearish strategies, as traders capitalize on this stability while avoiding potential risks from the Japanese Yen. – vtmarketsmy.com
Written on January 16, 2026 at 4:27 pm
Categories: Live Updates
UOB Group suggests that USD/CNH will find support near 6.9520 and trade within the range of 6.9520 to 6.9900.
The USD/CNH is shifting dramatically, currently trading around 7.1550 after recent economic changes, moving beyond previous support at 6.9520. Strategies now favor potential upside moves instead of previous range trading. – vtmarketsmy.com
Written on January 16, 2026 at 4:26 pm
Categories: Live Updates
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