About: josephine
Recent Posts by josephine
Oil prices rebound following OPEC+ reassurance, but set for weekly decline
Key points: This article is a follow-up to: Oil prices hovering at lows with rising supply Supply chain disruption in the WTI oil sector Oil prices ticked higher on Friday, supported by reassurance from key OPEC+ members Saudi Arabia and Russia about their readiness to adjust output agreements. However, despite these gains, markets are heading Continue Reading
Written on August 20, 2026 at 2:41 am
Categories: Today's Analysis
Strong nonfarm payrolls report throws rate cut timeline of the Federal Reserve into question
Key points: The Federal Reserve’s rate cut timeline has been thrown back into uncertainty after the latest US nonfarm payrolls report significantly exceeded expectations. Analysts had predicted 180,000 to 185,000 new jobs for May, but the actual figure came in at a robust 272,000, far surpassing 175,000 in April. This unexpected strength in job gains Continue Reading
Written on August 20, 2026 at 2:41 am
Categories: Today's Analysis
Oil prices dip due to uncertainty on OPEC+ cuts and strengthening of USD
Key points: Oil prices nudged lower for the second consecutive session on Monday, pressured by a stronger dollar as expectations for US interest rate cuts were delayed following robust nonfarm payrolls data released on Friday. Brent crude oil futures (Symbol: UKOUSD) slipped to $79.58 a barrel, while US WTI crude oil futures (Symbol: USOUSD) fell 4 Continue Reading
Written on August 20, 2026 at 2:41 am
Categories: Today's Analysis
Euro hits one-month low following Macron’s snap French election call
Key points: The Euro experienced a decline, reaching a one-month low, as French President Emmanuel Macron announced a snap legislative election, stirring political uncertainties. Concurrently, the dollar gained strength, buoyed by an unexpectedly strong U.S. jobs report last Friday, which tempered expectations for imminent rate cuts. Picture: The downside prevails for EUR/USD pairs. Download the Continue Reading
Written on August 20, 2026 at 2:41 am
Categories: Today's Analysis
Indonesian Rupiah hits 4-year low; Other Asian forex dip before key data
Key points: The Indonesian Rupiah marked a new four-year low on Monday, declining as much as 0.6% to 16,293.00 against the U.S. dollar, reflecting broader weaknesses among emerging Asian currencies. This downturn follows robust U.S. job data and precedes several upcoming central bank policy meetings. Picture: Indonesian Rupiah trading at 16,300 as seen on the Continue Reading
Written on August 20, 2026 at 2:41 am
Categories: Today's Analysis
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