About: josephine

Recent Posts by josephine

Rupee stabilises on U.S. dollar weakness and hedging by importers

Key Points: This is a follow up article to: Indian rupee set to strengthen as confidence in Fed rate cuts grows The Indian rupee (Symbol: USDINR) is expected to stabilise marking its best day in almost two months, as the U.S. dollar experienced a broad decline. The U.S. dollar index (Symbol: USDX), which measures the Continue Reading

Nvidia challenged by the AMD strategic acquisition in AI

Key Points: The towering presence of Nvidia in the AI and data centre markets is recently challenged by the acquisition of ZT Systems by AMD for $4.9 billion. This acquisition is a clear statement of intent from AMD as it aims to enhance its capabilities in building out the infrastructure layer of artificial intelligence, a Continue Reading

Gold dips as traders eye Fed rate cut and U.S. jobs data

Gold prices have taken a step back from their record highs as traders closely monitor developments around the U.S. Federal Reserve’s rate decisions and upcoming economic data.

Wheat prices remain under pressure with abundance in global supply

Wheat prices edge higher but remain near multi-year lows as abundant global supplies from the Black Sea region keep prices subdued. Explore market dynamics and short-term trading opportunities.

Google appoints Noam Shazeer to lead the Gemini AI project

Google appoints former Character.AI founder Noam Shazeer to co-lead its Gemini AI project. Explore the market implications and short-term trading outlook.

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