About: josephine
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Japanese yen nears 38-year low as markets eye intervention and US inflation data
Key points: This article is a follow-up to: JPY plummets with silence on rate hike timeline from the BoJ The Japanese yen remained near a 38-year low against the US dollar, trading just below 160.88, its weakest level since 1986. The decline of the Japanese yen, about 12% for the year, highlights the widening interest Continue Reading
Written on August 20, 2026 at 2:34 am
Categories: Today's Analysis
Oil prices fall with US inventory increase
WTI and Brent crude oil prices fall due to unexpected rise in US inventories and market caution ahead of the US PCE data. Geopolitical tensions add to supply concerns.
Written on August 20, 2026 at 2:34 am
Categories: Today's Analysis
Wheat poised for largest monthly decline in 2 years due to harvest pressure
Key points: The most active wheat contract on the Chicago Board of Trade (CBOT) held steady at $5.79-1/2 a bushel as of 0034 GMT. Corn rose by 0.2% to $4.23-1/4 a bushel, and soybeans increased by 0.2% to $11.07-1/4 a bushel. Wheat prices have fallen close to 15% in June, marking the most significant decline Continue Reading
Written on August 20, 2026 at 2:34 am
Categories: Today's Analysis
Q4 revenue of Nike falls following decrease in North American footwear sales
Key points: The latest financial results of Nike (Symbol: NKE) revealed a challenging quarter marked by a decline in revenue and significant drops in sales within its key North American footwear market. The stock price fell 5.5% in post-market trading, reaching $89.00 per share, and has declined 14% since the beginning of the year. This Continue Reading
Written on August 20, 2026 at 2:33 am
Categories: Today's Analysis
Mexican peso nears 15-month low following economic data and political uncertainty
Key points: The Mexican peso weakened to 18.4 per USD, approaching its fifteen-month low of 18.75. Markets are reacting to the latest rate decision by Banxico and recent economic data. The central bank, Banxico, maintained its interest rate at 11% during its June meeting, aligning with market expectations and underscoring its commitment to controlling inflation, Continue Reading
Written on August 20, 2026 at 2:33 am
Categories: Today's Analysis
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