About: josephine
Recent Posts by josephine
S&P 500 and Nasdaq hit record highs on Fed easing hopes
Key points: On Wednesday, the S&P 500 and Nasdaq indexes soared to record closing highs, spurred by technology stocks. Economic data hinting at Federal Reserve easing measures provided additional momentum to the market. Picture: Bullish bias above 5338.00 for S&P500. Download the VT Markets app. Technology stocks led the charge, with the S5INFT sector seeing Continue Reading
Written on August 20, 2026 at 2:42 am
Categories: Today's Analysis
Strong ISM services data indicates robust US business activity
Key points: The latest Institute for Supply Management (ISM) services report revealed a surge in US business activity, surpassing market expectations. This positive data is reflective of an increase in business activity and new orders growth, suggesting a thriving service sector. However, the report also pointed out ongoing challenges, including slower supplier deliveries and continued Continue Reading
Written on August 20, 2026 at 2:42 am
Categories: Today's Analysis
Dollar remains close to an 8-week low as payroll test approaches
Key points: The dollar hovered close to an eight-week low on Friday, with market participants keenly awaiting the U.S. jobs report. This report is expected to provide important clues on the timing of potential Federal Reserve interest rate cuts. The euro retained its overnight gains after the European Central Bank (ECB) reduced rates in a Continue Reading
Written on August 20, 2026 at 2:42 am
Categories: Today's Analysis
Gold set for first weekly gain in three weeks as US dollar, yields decline
Key points: Gold prices held steady on Friday and were on track for their first weekly gain in three weeks. Traders are betting that the U.S. Federal Reserve will start cutting rates soon, which has sent the dollar and Treasury yields lower. Spot gold was little changed at $2,377.13 per ounce as of 0321 GMT, Continue Reading
Written on August 20, 2026 at 2:42 am
Categories: Today's Analysis
Nvidia soars to record highs, eyes top spot by market cap
Key Points: This article is a follow-up to: Nvidia nears Apple in market cap as AI dominance drives growth The stock price of Nvidia (Symbol: NVDA) has been on an unstoppable ascent, recently reaching record highs and positioning itself as the second-largest US company by market capitalisation. On February 19, Nvidia surpassed Amazon (Symbol: AMZN), Continue Reading
Written on August 20, 2026 at 2:41 am
Categories: Today's Analysis
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