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About: josephine

Recent Posts by josephine

US ADP four-week average slips to 33K, reinforcing expectations of deeper Fed rate cuts

US ADP employment change 4-week average fell to 33K on April 18, down from 39.25K.

Sterling slips as Starmer resignation chatter fuels political risk premium and fiscal credibility fears in UK assets

Sterling weakened as resignation calls grew for Starmer; political uncertainty, fiscal-rule doubts, and leadership speculation pressured GBP.

Brazil inflation undershoots forecasts, fuelling bets on BCB rate cut and weaker real

Brazil’s April IPCA inflation eased to 0.67%, undershooting forecasts of 0.7% by 0.03 percentage points.

Mexico Industrial Output Fall Eases in March, Supporting Peso and Banxico’s Cautious Rate Path

Mexico’s industrial output dropped 1.3% year on year in March, a smaller decline than the forecast 1.5%.

India mulls emergency steps to defend forex reserves as oil nears $95 and rupee weakens

India considers emergency measures to protect forex reserves as oil prices surge, widening deficit and pressuring rupee.

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