About: josephine
Recent Posts by josephine
Sterling holds steady ahead of BoE decision; Dollar falters against yen
Key points: The British pound held broadly steady on Thursday as the market awaited the Bank of England’s (BoE) rate decision. The dollar, meanwhile, faced mixed movements against major currencies as it awaited fresh market catalysts. The pound traded at $1.2719, having eked out a slight gain in the previous session. The euro rose 0.03% Continue Reading
Written on August 20, 2026 at 2:37 am
Categories: Today's Analysis
Wheat prices retreat with improved global supply
Key points: Wheat prices (Symbol: Wheat-C) fell on Thursday, slipping to the lowest level in two months as the major harvest supply in the world eased supply fears. Prices dropped to $5.73-1/2 a bushel, down around 18.8% from the highs seen last month. Images above show the dip in wheat prices, as observed on the Continue Reading
Written on August 20, 2026 at 2:37 am
Categories: Today's Analysis
Tech giants propel Nasdaq to record highs with broad market gains
Key points: The Nasdaq Composite (Symbol: NAS100) continues its impressive run, setting a record high for the sixth consecutive session. The performance of this tech-heavy index is primarily driven by strong gains in major technology stocks, with investors showing an insatiable appetite for these market leaders. Picture: The Nasdaq Composite rallying to record high, as Continue Reading
Written on August 20, 2026 at 2:37 am
Categories: Today's Analysis
Aussie surges as interest rate outlooks diverge
Key points: The Australian dollar experienced gains this week, buoyed by contrasting interest rate outlooks across major economies. As the Swiss National Bank and the Bank of England leaned towards more dovish policies, the Australian market showed resilience, hinting at a possible rate hike. This divergence has pushed the Australian dollar to impressive heights, reflecting Continue Reading
Written on August 20, 2026 at 2:36 am
Categories: Today's Analysis
Gold prices steady with rate cut speculations
Gold prices remained stable on Friday, maintaining momentum for a second consecutive weekly gain. This trend is driven by weak economic data from the U.S., which has bolstered expectations that the Federal Reserve may cut interest rates this year. Gold market performance now Spot gold held steady at $2,358.31 per ounce as of 0139 GMT, Continue Reading
Written on August 20, 2026 at 2:36 am
Categories: Today's Analysis
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