About: josephine
Recent Posts by josephine
Wheat poised for largest monthly decline in 2 years due to harvest pressure
Key points: The most active wheat contract on the Chicago Board of Trade (CBOT) held steady at $5.79-1/2 a bushel as of 0034 GMT. Corn rose by 0.2% to $4.23-1/4 a bushel, and soybeans increased by 0.2% to $11.07-1/4 a bushel. Wheat prices have fallen close to 15% in June, marking the most significant decline Continue Reading
Written on August 20, 2026 at 2:34 am
Categories: Today's Analysis
Q4 revenue of Nike falls following decrease in North American footwear sales
Key points: The latest financial results of Nike (Symbol: NKE) revealed a challenging quarter marked by a decline in revenue and significant drops in sales within its key North American footwear market. The stock price fell 5.5% in post-market trading, reaching $89.00 per share, and has declined 14% since the beginning of the year. This Continue Reading
Written on August 20, 2026 at 2:33 am
Categories: Today's Analysis
Mexican peso nears 15-month low following economic data and political uncertainty
Key points: The Mexican peso weakened to 18.4 per USD, approaching its fifteen-month low of 18.75. Markets are reacting to the latest rate decision by Banxico and recent economic data. The central bank, Banxico, maintained its interest rate at 11% during its June meeting, aligning with market expectations and underscoring its commitment to controlling inflation, Continue Reading
Written on August 20, 2026 at 2:33 am
Categories: Today's Analysis
Stocks edge up, bond yields dip; inflation data ahead
Key points: Global stock indexes edged higher on Thursday, while U.S. Treasury yields dipped slightly after a series of U.S. economic reports suggested slowing momentum. Traders are eagerly awaiting Friday’s U.S. personal consumption expenditures (PCE) data, the Federal Reserve’s preferred inflation measure, which could clarify the U.S. interest rate outlook. Mixed job market signals influence Continue Reading
Written on August 20, 2026 at 2:33 am
Categories: Today's Analysis
Euro climbs following France’s first-round vote, yen falters
Key points: On Monday, the euro rose following the first round of France’s snap election, which put Marine Le Pen’s far-right National Rally (RN) party in the lead. However, the margin was smaller than initially projected. This development came as a relief to markets concerned about potential expansionary and unsustainable fiscal policies from a stronger Continue Reading
Written on August 20, 2026 at 2:33 am
Categories: Today's Analysis
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