About: davin
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Pound Sterling falls below 1.3450 as expectations for a January interest rate cut wane after mixed payroll data
GBP/USD drops below 1.3450 after weak job gains but a lower unemployment rate supports the US Dollar. Anticipate UK data next week, influencing market dynamics and potential trading strategies. – vtmarketsmy.com
Written on January 9, 2026 at 11:26 pm
Categories: Live Updates
RBC Economics reports that Canada’s job growth is slow and uneven, indicating a gradual market recovery.
Canada’s labour market showed a slight gain in December, with unemployment rising to 6.8%. Stability in trade sectors suggests a slow recovery, impacting interest rates and currency strategies moving forward. – vtmarketsmy.com
Written on January 9, 2026 at 11:26 pm
Categories: Live Updates
University of Michigan’s Consumer Sentiment Index rises to 54, exceeding the expected 53.5
US consumer confidence is rising, boosting the Dollar Index and suggesting lasting inflation pressures. Traders might benefit from hedging strategies as the market braces for enduring interest rates. – vtmarketsmy.com
Written on January 9, 2026 at 11:25 pm
Categories: Live Updates
Rio Tinto and Glencore are in talks about a possible merger that includes Glencore’s coal operations.
Rio Tinto and Glencore are considering a merger amid rising copper demand. With Glencore’s stock surging and Rio’s dropping, this scenario offers trading opportunities but faces regulatory challenges that could halt progress. – vtmarketsmy.com
Written on January 9, 2026 at 10:26 pm
Categories: Live Updates
Consumer inflation expectations in the United States held steady at 4.2% in January.
US consumer inflation expectations remain steady at 4.2%, impacting the dollar’s strength. Gold prices surge, while cryptocurrencies decline. Upcoming CPI data could shift market dynamics significantly. – vtmarketsmy.com
Written on January 9, 2026 at 10:26 pm
Categories: Live Updates
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