Live Updates

    24 February 2026
    ABN AMRO economists say Supreme Court ruling annulling IEEPA tariffs cuts US duties, though they remain historically high

    Supreme Court blocks presidents from using IEEPA to impose tariffs—now what? Refunds over $160B may hit deficits, tariffs stay high via new laws, and targeted sector volatility rises. – vtmarketsmy.com

    24 February 2026
    Tariff uncertainty hit markets, pushing the DJIA below 49,000 and down 700 as the S&P 500 and Nasdaq fell

    Tariff shock rattles Wall Street: Dow sinks 700 as VIX spikes above 22. Novo plunges 16% vs Eli Lilly, software slides, gold surges. Traders eye hedges: SPY puts, VIX calls. – vtmarketsmy.com

    24 February 2026
    NZD/USD falls to around 0.5965 despite strong New Zealand retail sales and a dovish RBNZ, down 0.20%

    Kiwi slips to 0.5965 despite upbeat NZ retail sales. RBNZ stays dovish, while US tariff shock and delayed Fed cuts support USD—traders eye downside via puts or bear call spreads. – vtmarketsmy.com

    24 February 2026
    Pound sterling rose after the Supreme Court halted Trump’s emergency tariffs, while trade doubts further weakened the US dollar

    GBP/USD jumped 0.31% as US trade-policy chaos hit the dollar. A Supreme Court tariff block and Congress’s Fair Trade bill fuel volatility; with UK weakness, traders may use option straddles/strangles. – vtmarketsmy.com

    24 February 2026
    Commerzbank’s Tatha Ghose sees rouble gains if peace progresses and major US-EU sanctions ease further

    Could peace talks supercharge the rouble? Analysts say sanctions easing could spark gains, but stalled Geneva II talks kept freezes intact. Now USD/RUB tracks oil and rates, favoring range-bound, premium-collecting trades. – vtmarketsmy.com

    24 February 2026
    Sterling rises against the dollar after court overturns Trump tariffs, as trade-policy uncertainty weakens the greenback

    GBP/USD climbed to 1.3507 as a Supreme Court tariff ruling hit the dollar, but new 15% tariffs revived uncertainty. With a dovish BoE and cautious Fed, traders eye volatility plays. – vtmarketsmy.com

    24 February 2026
    Gold hits a three-week high as uncertainty over US tariffs and tensions with Iran boost global safe-haven demand

    Gold hit a three-week high as tariffs and US-Iran tensions drove safe-haven buying. Past 2025 shocks boosted prices; today’s calmer, low-volatility market may offer cheaper options upside. – vtmarketsmy.com

    24 February 2026
    USD/CHF hovers near 0.7738 amid trade doubts, weak Swiss data and a softer dollar, down 0.16%

    USD/CHF stays stuck near 0.7738 as tariffs, weak Swiss data, and softer USD collide. Fast-forward to 2026: Fed-SNB rate divergence drives direction, while volatility drops and options cheapen. – vtmarketsmy.com

    23 February 2026
    Light CEE data calendar; Taborsky expects Hungary’s central bank to resume cuts and lower the rate to 6.25%

    All eyes on Hungary: NBH likely restarts rate cuts, 25bp to 6.25%. EUR/HUF carry trade faces its first real test. Traders watch guidance for March cuts and potential forint volatility. – vtmarketsmy.com

    23 February 2026
    Amid trade and geopolitical tensions, investors sought safe havens, pushing silver and gold up 4%

    Silver surged 4% as safe-haven demand rose amid tariff turmoil and geopolitical risks. Supply deficits and booming industrial demand add support. Overbought signals suggest pause, but $90-$100 upside remains. – vtmarketsmy.com

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