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About: josephine

Recent Posts by josephine

Soybeans hit a four-year low amid record U.S. crop forecast

Greater supply, when meeting a comparatively lower demand, typically leads to an expected drop in prices.

Australian dollar faces resistance while kiwi advances awaiting rate decision

The Australian dollar nudged higher on Tuesday, brushing up against resistance as a rally in Japanese stocks bolstered risk sentiment across the market.

Oil prices pull back as OPEC cuts 2024 demand forecast 

Oil prices retreated and broke a five-day winning streak as the market’s focus shifted back to demand concerns.

Nikkei rises as Japanese yen stabilises, with tech shares leading gains

The Nikkei 225 index (Symbol: Nikkei225) jumped as traders returned from the Obon holiday, driven by a more stable yen and strong gains in tech stocks.

Dollar eases on weak U.S. inflation data; kiwi plummets following rate cut

The U.S. dollar started Wednesday on shaky ground after tumbling overnight against major currencies, driven by a surprisingly benign reading on U.S. producer prices. This report has amplified expectations that the Federal Reserve might lean towards rate cuts later this year.

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