About: josephine
Recent Posts by josephine
Dollar begins to rebound following last week’s decline
Key points The dollar displayed initial uncertainty at the outset of the week. However, recent sessions have seen a revival in its strength, spurred by key technical observations. After approaching crucial technical levels last Friday, the dollar avoided a breakdown, aiding its recovery early this week amid a fluctuating market sentiment. Picture: EUR/USD price movement Continue Reading
Written on August 20, 2026 at 2:55 am
Categories: Today's Analysis
Hang Seng sees dip before Chinese trade data release
Key points On Wednesday, the Hang Seng Index saw a noticeable drop, decreasing by 0.90% or 165.51 points, closing the trading day at 18,313.86. Similarly, the Hang Seng China Enterprises Index fell by 1.07% or 69.95 points to end at 6,456.72. This downturn reflects a more cautious stance among traders as they await the release Continue Reading
Written on August 20, 2026 at 2:54 am
Categories: Today's Analysis
Increased farmer sales are easing bids for soybeans and corn
Key points Basis bids for soybeans and corn shipped by barge to the U.S. Gulf Coast showed a slight decline on Wednesday. This shift reflects the increased sales by farmers, effectively boosting the supply in the market. raders have observed that after a spike in futures prices on the Chicago Board of Trade for corn Continue Reading
Written on August 20, 2026 at 2:54 am
Categories: Today's Analysis
Oil prices surge on reduced U.S. supply and interest rate speculation
Key points 9th May 2024 – On Thursday, oil prices experienced a moderate increase in early trading, driven by a decrease in U.S. crude inventories and growing optimism about potential interest rate cuts by the Federal Reserve. Brent crude for July delivery climbed by 23 cents to $83.81 a barrel, while U.S. West Texas Intermediate Continue Reading
Written on August 20, 2026 at 2:54 am
Categories: Today's Analysis
Gold prices steady ahead of the release of US economic data
Key points: Gold prices stabilise as economic data looms Gold prices held steady early Thursday, with spot gold priced at $2,309.23 per ounce. In contrast, U.S. gold futures saw a slight decrease of 0.2%, settling at $2,316.80. Investors are closely monitoring the upcoming U.S. economic reports, particularly the weekly jobless claims due at 1230 GMT Continue Reading
Written on August 20, 2026 at 2:54 am
Categories: Today's Analysis
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