About: josephine
Recent Posts by josephine
US economic indicators continue to influence Yen performance
Key Points: The early trading hours saw JPY declining against a basket of G-10 and Asian currencies. This trend was largely driven by an emerging risk-on sentiment, influenced by revised economic forecasts and potential shifts in US monetary policy. The US Producer Price Index (PPI) adjustments for March have significantly shaped the expectations of all Continue Reading
Written on August 20, 2026 at 2:52 am
Categories: Today's Analysis
Aussie climbs as China considers buying unsold homes
Key points: China is contemplating a policy move where local governments would purchase millions of unsold homes. This initiative aims to stabilise the distressed real estate sector, which has seen home sales plummet by nearly 50%, leaving a vast inventory of unoccupied properties. Australian dollar rises on optimism Picture: The AUD/USD pair is moving upwards. Continue Reading
Written on August 20, 2026 at 2:51 am
Categories: Today's Analysis
WTI Oil prices rebound due to supply disruption and inventory decline
Key Points: WTI oil supply chain disruption in May 2024 WTI crude futures showed a marked recovery, heading toward $79 per barre. This price movement is partially due to wildfires in Canada that have posed a significant threat to the country’s oil sands industry, capable of producing 3.3 million barrels per day. This disruption has Continue Reading
Written on August 20, 2026 at 2:51 am
Categories: Today's Analysis
MARKETS TODAY: Market braces for impact of CPI Data on gold, US dollar, and yields
Key Points On Wednesday, the U.S. Bureau of Labor Statistics will release April’s consumer price index (CPI) data. This key economic report is closely watched by market participants due to its implications for the Federal Reserve’s monetary policy. Tuesday’s elevated producer price index (PPI) results have raised concerns that inflation figures might also disappoint, potentially Continue Reading
Written on August 20, 2026 at 2:51 am
Categories: Today's Analysis
As CPI risk clears, asian markets take off
Key points: Asian markets are set to climb higher on Thursday, fuelled by the positive sentiment that followed benign inflation figures from the U.S. This optimism suggests that the Federal Reserve might begin reducing interest rates, a move eagerly anticipated by investors. Economic uncertainties in China and Japan In China, however, the economic outlook remains Continue Reading
Written on August 20, 2026 at 2:51 am
Categories: Today's Analysis
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