About: josephine
Recent Posts by josephine
NZD rises against slow economic growth in the U.S.
Key Points: The New Zealand dollar (NZD) climbed to around $0.612 on Thursday with the support from revised economic data indicating that the US economy grew at a slower pace than previously estimated in the first quarter. This has increased speculation that the Federal Reserve may have room to cut interest rates later this year. Continue Reading
Written on August 20, 2026 at 2:44 am
Categories: Today's Analysis
Gold edges higher ahead of key inflation report, poised for monthly gain
Key points: Gold prices showed a slight increase on Friday, marking a potential fourth consecutive monthly gain. Investors are keenly awaiting the U.S. inflation data which is expected to shed light on the Federal Reserve’s future moves. Picture: Gold price shows slight increase on the VT Markets app. Market fundamentals: Federal Reserve policymakers maintain a Continue Reading
Written on August 20, 2026 at 2:44 am
Categories: Today's Analysis
Japan to intervene in forex market as the Japanese yen hits 34-year low
Key points: This article is a follow-up to: Bank of Japan (BOJ) open to act on excessive Japanese yen decline. On Friday, Finance Minister of Japan Shunichi Suzuki heightened emphasis to take appropriate action against excessive currency movements, highlighting the importance of stability in the foreign exchange market. These comments were made during a regular Continue Reading
Written on August 20, 2026 at 2:44 am
Categories: Today's Analysis
Dollar maintains strength as market watches inflation and Fed rate moves
Key points: The dollar remained stable on Monday as traders speculate that U.S. inflation may have stabilised enough for the Federal Reserve to consider rate cuts later in 2024. Meanwhile, the euro held firm ahead of an anticipated rate cut by the European Central Bank (ECB) this week. Emerging markets continue to see rise Among Continue Reading
Written on August 20, 2026 at 2:44 am
Categories: Today's Analysis
Hong Kong stocks surge on rate cut prospects; mixed performance in China
Key points: On Monday, Hong Kong’s stock market experienced an observable surge, with the benchmark Hang Seng Index posting its best daily performance in a month. This optimism was largely driven by the anticipated rate cut from the European Central Bank (ECB), which is expected to trim rates by a quarter point to 3.75% on Continue Reading
Written on August 20, 2026 at 2:44 am
Categories: Today's Analysis
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