About: josephine
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Oil prices hover at high with summer demand and rate cut hopes
Key points: Oil prices held steady near two-month highs, buoyed by expectations of rising fuel demand and potential economic growth from US interest rate cuts. Brent crude oil (Symbol: UKOUSD) increased to $86.80 per barrel. Similarly, the WTI crude oil (Symbol: USOUSD) reached $83.51 per barrel. The images above show oil prices rallying, as observed Continue Reading
Written on August 20, 2026 at 2:32 am
Categories: Today's Analysis
Copper prices still on the lows with weak demand in China
Key Points: In the early Asian session, copper (Symbol: Copper-C) prices consolidate at lows with slight uptick in smaller timeframes. While production remains high in China, demand is still weak. The official manufacturing PMI for China in June suggested a contraction in activity, which further dampened copper demand. Picture: Copper prices remain suppressed, as Continue Reading
Written on August 20, 2026 at 2:32 am
Categories: Today's Analysis
Gold rises as dollar weakens; attention turns to U.S. Fed minutes
Gold prices saw a modest rise on Wednesday, gaining 0.1% to $2,331.41 per ounce by 0026 GMT, while U.S. gold futures rose 0.3% to $2,340.50. This increase comes as the U.S. dollar weakened, making gold more affordable for holders of other currencies.
Written on August 20, 2026 at 2:32 am
Categories: Today's Analysis
Japan’s Nikkei climbs as tech stocks follow US growth shares
Japan’s Nikkei share average rose by 0.81% on Wednesday to reach 40,398.35 as of 0142 GMT, continuing the momentum from its 0.38% higher opening.
Written on August 20, 2026 at 2:32 am
Categories: Today's Analysis
USDSGD trading within a range; anticipates economic data release
The USDSGD currency pair is bound in a range on expectations of the US ISM services PMI and the non-farm payrolls report, scheduled for later today and Friday respectively.
Written on August 20, 2026 at 2:32 am
Categories: Today's Analysis
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