About: josephine
Recent Posts by josephine
Japanese yen hovers at lows with hotter producer inflation and BOJ speculations
Key Points: The Japanese yen remained at over one-week lows around 157.2 per dollar, despite hotter-than-expected domestic producer inflation figures. Picture: JPY losing strength against USD, as observed on the VT Markets app. Data revealed that producer prices in Japan jumped 2.4% year-on-year in May 2024, accelerating from an upwardly revised 1.1% gain in Continue Reading
Written on August 20, 2026 at 2:40 am
Categories: Today's Analysis
Oil prices rise on falling US inventories and higher global demand forecasts
Key Points: Oil prices climbed as reports indicated a decline in US crude oil inventories and an optimistic outlook on global demand. Brent crude oil (Symbol: UKOUSD) increased to $82.32 per barrel, while West Texas Intermediate (WTI) crude oil (Symbol: USOUSD) rose to $78.42 per barrel. The images above showed the bullish momentum in oil prices, Continue Reading
Written on August 20, 2026 at 2:40 am
Categories: Today's Analysis
South Korean shares gain over 1% on Wall Street rally; Chipmakers shine
Key points: South Korean shares saw a strong rise of more than 1% on Thursday, following a rally on Wall Street. This uptick came after inflation data and the Federal Reserve’s policy decision were released. Chipmakers drive KOSPI surge as U.S. markets hit record highs The benchmark KOSPI index increased by 42.76 points, or 1.55%, Continue Reading
Written on August 20, 2026 at 2:39 am
Categories: Today's Analysis
Japan’s Nikkei falls after initial gains ahead of BOJ policy decision
Key points: Japan’s Nikkei index reversed its early gains on Thursday, ending the morning session down 0.12% to 38,831.36. This shift occurred ahead of the Bank of Japan’s (BOJ) policy decision due on Friday. Earlier in the session, the Nikkei had risen nearly 1%, crossing the 39,000 mark, supported by gains in chip-related stocks. Picture: Continue Reading
Written on August 20, 2026 at 2:39 am
Categories: Today's Analysis
The US stock market surges following inflation slowdown
Key points: The US stock market rocketed higher as the latest report from the US Federal Reserve was released, with a positive reaction to the latest inflation data. The Fed has decided to keep its benchmark interest rate steady at 5.50%, contrary to prior expectations of three rate cuts for the year, now projecting only one Continue Reading
Written on August 20, 2026 at 2:39 am
Categories: Today's Analysis
Recent Comments by josephine
No comments by josephine yet.
