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About: josephine

Recent Posts by josephine

Aussie surges as interest rate outlooks diverge

Key points: The Australian dollar experienced gains this week, buoyed by contrasting interest rate outlooks across major economies. As the Swiss National Bank and the Bank of England leaned towards more dovish policies, the Australian market showed resilience, hinting at a possible rate hike. This divergence has pushed the Australian dollar to impressive heights, reflecting Continue Reading

Gold prices steady with rate cut speculations

Gold prices remained stable on Friday, maintaining momentum for a second consecutive weekly gain. This trend is driven by weak economic data from the U.S., which has bolstered expectations that the Federal Reserve may cut interest rates this year. Gold market performance now Spot gold held steady at $2,358.31 per ounce as of 0139 GMT, Continue Reading

Copper prices slip as the US dollar gains strength 

Copper prices dipped with a stronger dollar but are set for the first weekly gain in five weeks. Increased physical demand offers support as markets stabilise.

Monetary Authority of Singapore (MAS) maintains monetary policy until year 2025 

Key points:  The Monetary Authority of Singapore (MAS) is projected to keep its monetary policy unchanged through 2025, driven by consistently high core inflation. Despite a downward trend in headline inflation, core inflation has remained around 3% since mid-2023. This elevated level of core inflation suggests that MAS will not alter its policy parameters this Continue Reading

Week ahead: Updated inflation data expected to influence policy

This week, market participants will have their eyes on key economic indicators from Australia, the US, and China, as these data points are expected to provide deeper insights into inflation trends and economic health. Australia to release CPI for June Australia’s Monthly Consumer Price Index (CPI) release on 26 June is expected to be noteworthy. Continue Reading

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