South Africa’s PPI slipped to -0.2% in January, hinting costs are easing. That boosts odds of SARB rate cuts, supports bond gains, and could weaken the rand. Traders eye swaps. – vtmarketsmy.com
South Africa’s PPI slid to 2.2% in January from 2.9%, hinting inflation is easing fast. That could trigger earlier rate cuts, boost bonds and JSE, but weaken the rand. – vtmarketsmy.com
Eurozone M3 growth edged up to 3.0%, hinting liquidity is holding firm. That may ease pressure for ECB rate cuts, boost the euro, and weigh on equities—time to rethink Euribor bets. – vtmarketsmy.com
Lagarde says ECB inflation fight is working, with eurozone prices stabilising near 2% and food easing. Policy stays data-driven, limiting near-term euro upside and favouring range trades over rapid rate cuts. – vtmarketsmy.com
Italy’s consumer confidence beat forecasts, hinting resilience. That supports Italian equities, favors short-dated FTSE MIB put-selling and bank call spreads, while ECB rate cuts may slip as volatility stays low. – vtmarketsmy.com
Italy’s business confidence slipped to 88.5 in February, hinting at slowing growth. Traders may hedge Italian equities, watch BTP-Bund spreads widening, and brace for euro pressure as ECB cut odds rise. – vtmarketsmy.com
Lagarde signals “agile” ECB, but markets expect flat rates through 2026. EUR/USD stays range-bound as US yields beat Europe. Watch 1.1750 support—only Iran escalation may break calm. – vtmarketsmy.com
Eurozone bond spreads tighten as French and Italian yields hit multi-month lows, calming political fears. But UK by-election risk lifts hedging demand, boosting EUR/GBP volatility and raising downside risks for EUR/USD. – vtmarketsmy.com
Yen pares gains but stays stronger near 156 per dollar as Ueda hints at more BoJ rate hikes. Wide US-Japan yield gap still favors USD—until sudden tightening headlines spark volatility. – vtmarketsmy.com
Fed cut hopes are fading fast—jobs stayed strong and inflation sticky. Markets repriced: June-cut odds sank near 35%, Treasury yields jumped, and a stronger US dollar gained support. – vtmarketsmy.com
Hello there 👋
On hold
Hello there 👋
Scan the QR code with your smartphone to start a chat with us, or click here.
Don’t have the Telegram App or Desktop installed? Use Web Telegram instead.
Insights 
VT 
