About: josephine
Recent Posts by josephine
Dollar steady, yen wobbles as traders assess rate cut bets and carry trades
The dollar held its ground on Wednesday, while the yen retreated from a seven-month peak. Currency markets stabilised after a turbulent start to the week driven by recession fears and the unwinding of carry trades.
Written on August 20, 2026 at 2:18 am
Categories: Today's Analysis
Asia stocks rise, yen retreats after BOJ rules out rate hikes
Asian share markets extended their gains on Wednesday, with a notable rise in the Nikkei. This surge followed the Bank of Japan’s unexpected indication that it would not raise interest rates while markets remain volatile, leading to a sharp fall in the yen.
Written on August 20, 2026 at 2:18 am
Categories: Today's Analysis
Airbnb Q2 2024 earnings with EPS miss and revenue beat
Airbnb reports Q2 2024 earnings with an EPS of 86 cents, missing estimates, but beats revenue expectations with $2.75 billion. Read more about the market implications.
Written on August 20, 2026 at 2:18 am
Categories: Today's Analysis
Australian dollar rises on hawkish hold from the RBA
The Australian dollar appreciates to near one-week high after RBA maintains cash rate at 4.35% and warns inflation remains high. US Fed rate cuts also influence the Aussie.
Written on August 20, 2026 at 2:18 am
Categories: Today's Analysis
Soybeans climb on bargain-buying support; corn and wheat also gain
Chicago soybeans gained 0.2%, reaching $10.20-1/4 a bushel as of 0025 GMT, marking their first rise in three sessions. Corn futures edged up by 0.1% to $4.01 a bushel, and wheat inched higher by 0.1% to $5.38-3/4 a bushel.
Written on August 20, 2026 at 2:18 am
Categories: Today's Analysis
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