About: josephine
Recent Posts by josephine
Indonesian Rupiah hits 4-year low; Other Asian forex dip before key data
Key points: The Indonesian Rupiah marked a new four-year low on Monday, declining as much as 0.6% to 16,293.00 against the U.S. dollar, reflecting broader weaknesses among emerging Asian currencies. This downturn follows robust U.S. job data and precedes several upcoming central bank policy meetings. Picture: Indonesian Rupiah trading at 16,300 as seen on the Continue Reading
Written on August 15, 2026 at 10:35 am
Categories: Today's Analysis
Loonie sees mixed performance as central bank cuts interest rates for homeowners
Key points: Homeowners across Canada are breathing a sigh of relief following the decision from its central bank to cut interest rates for the first time in four years. Such a move by the Bank of Canada (BoC) provides much-needed relief for households holding variable-rate mortgages. While a single 25-basis point cut may not significantly Continue Reading
Written on August 15, 2026 at 10:34 am
Categories: Today's Analysis
ECB set to cut interest rates following inflation confidence in inflation data
Key points: The European Central Bank (ECB) is poised to make its first interest rate cut since 2019, with a 25-basis point reduction anticipated on Thursday. This move comes from increased confidence that inflation will return to the level targeted by the ECB. Such a decision to cut rates signals a shift in its monetary Continue Reading
Written on August 15, 2026 at 10:34 am
Categories: Today's Analysis
S&P 500 and Nasdaq hit record highs on Fed easing hopes
Key points: On Wednesday, the S&P 500 and Nasdaq indexes soared to record closing highs, spurred by technology stocks. Economic data hinting at Federal Reserve easing measures provided additional momentum to the market. Picture: Bullish bias above 5338.00 for S&P500. Download the VT Markets app. Technology stocks led the charge, with the S5INFT sector seeing Continue Reading
Written on August 15, 2026 at 10:34 am
Categories: Today's Analysis
Nvidia soars to record highs, eyes top spot by market cap
Key Points: This article is a follow-up to: Nvidia nears Apple in market cap as AI dominance drives growth The stock price of Nvidia (Symbol: NVDA) has been on an unstoppable ascent, recently reaching record highs and positioning itself as the second-largest US company by market capitalisation. On February 19, Nvidia surpassed Amazon (Symbol: AMZN), Continue Reading
Written on August 15, 2026 at 10:34 am
Categories: Today's Analysis
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