About: josephine
Recent Posts by josephine
MARKETS TODAY: Cable tests resistance, stock market rebound
Key points After a rebound from the support level of 1.0725, the EUR/USD pair is now challenging resistance around 1.0790, where the 50-day and 200-day Simple Moving Averages (SMAs) meet. SEE: The Cable tests resistance on the VT Markets trading app. This could extend to trendline resistance at 1.0810 and approach a significant Fibonacci level Continue Reading
Written on August 20, 2026 at 2:53 am
Categories: Today's Analysis
Positive UK economic data lifts FTSE 100
Key points The FTSE 100 is experiencing an upswing, buoyed by the UK’s latest GDP data which surpassed expectations, indicating a recovery from a recent recession. SEE: The FTSE CFD, UK100ft, experiencing an upswing on the VT Markets trading app. The UK’s GDP for the first quarter was reported at 0.6%, higher than the market’s Continue Reading
Written on August 20, 2026 at 2:53 am
Categories: Today's Analysis
Asian markets await US inflation and China data
Key points: The US consumer price index (CPI) will be closely monitored this week, as it could influence the Federal Reserve’s decision on a potential rate cut in September. Market participants are particularly sensitive to changes in core CPI, which is expected to rise by 0.3% for the month of April. A figure lower than Continue Reading
Written on August 20, 2026 at 2:53 am
Categories: Today's Analysis
Hong Kong stocks surge pending corporate performance and policy support
Key Points: Hong Kong stocks enjoyed their third consecutive session of gains on Monday, buoyed by investor optimism for forthcoming corporate earnings and potential governmental policy support. This optimism comes in the wake of new data revealing sluggish demand across China. Hang Seng sees strong upward market movement The Hang Seng Index increased by 151.38 Continue Reading
Written on August 20, 2026 at 2:53 am
Categories: Today's Analysis
Calm in currency markets before US inflation test
Key points: The dollar is holding its ground against major currencies as market participants await crucial US inflation data, set to be released this week. The data is expected to play a significant role in the Federal Reserve’s decision-making about potential rate cuts in 2024. Recent employment figures, which came in below expectations, along with Continue Reading
Written on August 20, 2026 at 2:53 am
Categories: Today's Analysis
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