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About: josephine

Recent Posts by josephine

US weekly API crude oil inventories fell 8.1 million barrels, exceeding forecasts for a 2.8 million drawdown

US weekly API crude inventories fell 8.1 million barrels to May 1, beating forecasts for 2.8 million drop.

AUD slipped as the RBA raised rates to 4.35% but suggested a data-led pause, limiting gains

RBA hiked cash rate to 4.35%, signaled data-dependent pause; inflation risks elevated, growth downgraded, AUD slipped.

Commerzbank says the RBA raised rates to 4.35%, prioritising inflation risks, but the Australian dollar stayed weak

RBA lifts rates to 4.35%, prioritizing inflation risks; forecasts higher inflation, lower growth, threatening AUD weakness.

Deutsche Bank analysts say the S&P 500 retreated from record highs as oil and Treasury yields rose

S&P 500 slipped 0.41% from highs as oil and yields rose; energy gained, most sectors fell.

At a press conference, RBA Governor Michele Bullock explains lifting rates 25 bps to 4.35% after May meeting

RBA lifted cash rate 25bp to 4.35%, citing inflation risks, oil shock, and monitoring evolving data.

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