About: josephine
Recent Posts by josephine
China’s yuan hits 7-month low due to weak PBOC guidance
Key points: China’s yuan eased to a fresh seven-month low against the dollar on Tuesday, signaling its sixth consecutive monthly decline as the central bank, the People’s Bank of China (PBOC), continued to set weaker official fixings. Despite the dollar’s overnight retreat, the yuan remained close to the lower end of its daily trading band, Continue Reading
Written on August 15, 2026 at 10:43 am
Categories: Today's Analysis
Aussie rallies on inflation surprise and rate hike speculations
Key points The Australian dollar surged higher on Wednesday after data revealed that inflation accelerated much more than expected in May. This development impacted bonds as investors priced in a greater risk of another increase in interest rates. Inflation surges to 4.0% in MayThe monthly consumer price (CPI) report showed annual inflation rose to 4.0% Continue Reading
Written on August 15, 2026 at 10:43 am
Categories: Today's Analysis
Silver shines bright as the best-performing commodity of 2024
Silver prices (Symbol: XAGUSD) have been on an upward trajectory in 2024 with 21% year-to-date, making it one of the best-performing commodities this year. Silver has outperformed its metallic counterparts, gold and copper, as well as the S&P 500 index. The image above shows the how silver has ralled in 2024, as observed on Continue Reading
Written on August 15, 2026 at 10:43 am
Categories: Today's Analysis
Dow Jones outperforms as tech stocks slump alongside broad market selloff
Key Points: The Dow Jones Industrial Average (Symbol: DJ30) showcased a robust performance, defying the broader market trend where technology stocks led a significant selloff. This divergence highlights a notable rotation from tech-heavy sectors to more stable consumer businesses, including energy and banking. The image above shows the performance of the Dow Jones Industrial Average, Continue Reading
Written on August 15, 2026 at 10:43 am
Categories: Today's Analysis
Week ahead: Updated inflation data expected to influence policy
This week, market participants will have their eyes on key economic indicators from Australia, the US, and China, as these data points are expected to provide deeper insights into inflation trends and economic health. Australia to release CPI for June Australia’s Monthly Consumer Price Index (CPI) release on 26 June is expected to be noteworthy. Continue Reading
Written on August 15, 2026 at 10:42 am
Categories: Today's Analysis
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