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Recent Posts by davin

Nasdaq futures recover after failing above 26036 and regain central pivot levels

Nasdaq Futures rebounded near 25051 but struggle against resistance at 26036. Market dynamics favor a balanced approach, emphasizing trading strategies around defined levels until a significant breakout occurs. – vtmarketsmy.com

Indian bank loan growth steady at 14.5% in January

India’s bank loan growth has slowed to 12.8%, signaling potential market volatility amid economic challenges. Traders should adopt strategies like long straddles and put options to navigate uncertainty effectively. – vtmarketsmy.com

India’s foreign exchange reserves rose from $687.19 billion to $701.36 billion in January.

India’s forex reserves soared to a record $701.36 billion, enhancing financial stability and supporting the Rupee against the dollar. This positive shift boosts equity investor confidence and encourages bullish strategies. – vtmarketsmy.com

Pound Sterling strengthens significantly against major currencies due to strong retail sales and PMI data

The Pound Sterling surged due to strong UK retail sales and PMI data, hinting at economic resilience. Anticipate further gains as markets adjust outlooks for UK interest rates amidst stark US-UK monetary policy divergence. – vtmarketsmy.com

US Dollar remains around 158.00 against the Japanese Yen amid intervention whispers

USD/JPY hovers near 158.00, with speculation of Japanese intervention due to Yen fluctuations. Historically high volatility suggests potential trading opportunities as the market braces for significant moves. – vtmarketsmy.com

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