About: josephine
Recent Posts by josephine
Dollar strengthens on Powell’s caution; Kiwi weakens post-dovish central bank
Key points: Dollar firms on Powell’s caution See: Dollar index trading at 104.768 as seen on the VT Markets app. Powell highlighted a cooling job market, indicating that the Fed faces “two-sided risks” and cannot focus solely on inflation. This statement underpinned the dollar’s rebound, with the dollar index (DXY), which measures the U.S. currency Continue Reading
Written on August 20, 2026 at 2:29 am
Categories: Today's Analysis
Nasdaq and S&P 500 hit new highs as jobs data spurs rate cut hopes
Nasdaq and S&P 500 soar to fresh records on optimism sparked by a cooling labor market. Upcoming CPI data and Powell’s speech could influence future rate cuts.
Written on August 20, 2026 at 2:29 am
Categories: Today's Analysis
Oil drops as US Gulf supply worries ease and China inflation weakens
Key points: Oil prices dipped on Wednesday as the impact from Hurricane Beryl dissipated and inflation data highlighted persistently weak consumer demand in top crude importer China. Picture: Oil prices decline as seen on the VT Markets app. Brent and WTI crude prices fall as US gulf supply concerns ease As of 0632 GMT, Brent Continue Reading
Written on August 20, 2026 at 2:29 am
Categories: Today's Analysis
Chinese yuan hits eight-month low with missed inflation data and US dollar rebound
CNH slid to an eight-month low against the US dollar due to weak inflation data and a rebound of the greenback. Read about the market implications and outlook.
Written on August 20, 2026 at 2:29 am
Categories: Today's Analysis
Wheat, corn, and soybeans steady after US crop conditions improve
Key points Chicago wheat, corn, and soybean futures showed a slight rise early on Thursday, stabilising after recent losses. This shift comes as the market digests favourable U.S. crop conditions, hinting at a balanced outlook for these key agricultural commodities. Wheat and corn recover slightly on better crop prospects See: Wheat shows slight recovery, trading Continue Reading
Written on August 20, 2026 at 2:29 am
Categories: Today's Analysis
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