About: josephine
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Yen advances despite inflation concerns; Stock market shows mixed performance
The Japanese Yen (USD/JPY) has seen contained advances recently, despite mixed signals from economic indicators and policies from the Bank of Japan (BoJ). April’s consumer price index (CPI) data showed a decrease in headline inflation to 2.5%, down from 2.7% in March. Core inflation, which excludes fresh food, fell to 2.2%, while the measure excluding Continue Reading
Written on August 20, 2026 at 2:47 am
Categories: Today's Analysis
More rate tightening from Turkish Central Bank is likely
Key Points: On Thursday, the Central Bank of Turkey (CBT) decided to keep its policy rate unchanged at 50%, consistent with market expectations. Such decision was made to address ongoing concerns about inflation, which continues to pose a significant risk to the Turkish economy. In its policy statement, the CBT cited the lagged effects of Continue Reading
Written on August 20, 2026 at 2:47 am
Categories: Today's Analysis
Oil prices steady ahead of OPEC+ meeting
Key points: Oil prices saw minimal movement in early Asian trading on Monday, as market participants are focused on the upcoming OPEC+ meeting scheduled for June 2. This meeting, initially set for June 1, was delayed by a day and will now be held online. Producers are expected to deliberate on whether to maintain voluntary Continue Reading
Written on August 20, 2026 at 2:47 am
Categories: Today's Analysis
Dollar strengthens ahead of news on global inflation
Key points: The dollar started the week on a firm note as traders awaited crucial inflation data from the U.S., Europe, and Japan. This data is expected to provide clarity on the future of global interest rates. In recent months, the search for yield has dominated foreign exchange markets, with low-interest currencies under pressure while Continue Reading
Written on August 20, 2026 at 2:47 am
Categories: Today's Analysis
Nasdaq index soars as tech stocks continue to rally
Key points: The Nasdaq composite index (Symbol: NAS100) surged on Friday, erasing earlier weekly losses and closing at a record high of 16,920.79. This marks a 1.3% increase for the week, driven by strong performance in tech shares. Standout earnings report from Nvidia (Symbol: NVIDIA) spurred investor interest in AI-related stocks, contributing to the rally Continue Reading
Written on August 20, 2026 at 2:47 am
Categories: Today's Analysis
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