About: josephine
Recent Posts by josephine
Strong ISM services data indicates robust US business activity
Key points: The latest Institute for Supply Management (ISM) services report revealed a surge in US business activity, surpassing market expectations. This positive data is reflective of an increase in business activity and new orders growth, suggesting a thriving service sector. However, the report also pointed out ongoing challenges, including slower supplier deliveries and continued Continue Reading
Written on August 15, 2026 at 10:33 am
Categories: Today's Analysis
Dollar maintains strength as market watches inflation and Fed rate moves
Key points: The dollar remained stable on Monday as traders speculate that U.S. inflation may have stabilised enough for the Federal Reserve to consider rate cuts later in 2024. Meanwhile, the euro held firm ahead of an anticipated rate cut by the European Central Bank (ECB) this week. Emerging markets continue to see rise Among Continue Reading
Written on August 15, 2026 at 10:32 am
Categories: Today's Analysis
Gold steady as focus turns to U.S. data
Key points: Gold prices were flat in early Asian trading on Tuesday after a sharp gain in the previous session. Investors are bracing for U.S. economic data due later in the week, which could offer more clues to the Federal Reserve’s interest rate path. Picture: Gold prices trading at 2345.28 as seen on the VT Continue Reading
Written on August 15, 2026 at 10:32 am
Categories: Today's Analysis
Nvidia nears Apple in market cap as AI dominance drives growth
Key points: The stock price of Nvidia (Symbol: NVIDIA) has skyrocketed, with a jump in market cap of nearly $700 billion in May alone. Such growth has put Nvidia on track to become the second largest company in the world, closing in on Apple (Symbol: AAPL). The market cap of Nvidia now stands at approximately Continue Reading
Written on August 15, 2026 at 10:32 am
Categories: Today's Analysis
US inflation eases, reigniting interest rate cut hopes
Key points: This article is a follow-up to: PCE data to play integral role in Fed rate decisions The markets breathed a sigh of relief as the Personal Consumption Expenditures (PCE) index showed a year-over-year increase of 2.7% in April. This print alleviated investor concerns over uncontrollable inflation and strengthened expectations for potential interest rate Continue Reading
Written on August 15, 2026 at 10:32 am
Categories: Today's Analysis
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