About: josephine
Recent Posts by josephine
Aussie climbs as China considers buying unsold homes
Key points: China is contemplating a policy move where local governments would purchase millions of unsold homes. This initiative aims to stabilise the distressed real estate sector, which has seen home sales plummet by nearly 50%, leaving a vast inventory of unoccupied properties. Australian dollar rises on optimism Picture: The AUD/USD pair is moving upwards. Continue Reading
Written on August 15, 2026 at 10:22 am
Categories: Today's Analysis
WTI Oil prices rebound due to supply disruption and inventory decline
Key Points: WTI oil supply chain disruption in May 2024 WTI crude futures showed a marked recovery, heading toward $79 per barre. This price movement is partially due to wildfires in Canada that have posed a significant threat to the country’s oil sands industry, capable of producing 3.3 million barrels per day. This disruption has Continue Reading
Written on August 15, 2026 at 10:22 am
Categories: Today's Analysis
MARKETS TODAY: Market braces for impact of CPI Data on gold, US dollar, and yields
Key Points On Wednesday, the U.S. Bureau of Labor Statistics will release April’s consumer price index (CPI) data. This key economic report is closely watched by market participants due to its implications for the Federal Reserve’s monetary policy. Tuesday’s elevated producer price index (PPI) results have raised concerns that inflation figures might also disappoint, potentially Continue Reading
Written on August 15, 2026 at 10:22 am
Categories: Today's Analysis
Dollar drifts as traders await US inflation data; yen weakens
Key points: The dollar held its ground on Tuesday, as the market’s attention turns to an inflation report that could dictate the course of U.S. interest rates. Meanwhile, the yen stayed close to a two-week low, igniting fears of potential governmental intervention. Federal Reserve response to labour data in May 2024 This calm in the Continue Reading
Written on August 15, 2026 at 10:21 am
Categories: Today's Analysis
Copper prices surge to a 2-year high on mixed global demand
Key points Copper prices reached their highest point since April 2022 on Tuesday, propelled by significant fund inflows into the base metals sector, despite diminished demand from China. Picture: Copper prices poised for further gains. Download the VT Markets app. Copper hits near 2022 peak on London Metal Exchange On the London Metal Exchange (LME), Continue Reading
Written on August 15, 2026 at 10:21 am
Categories: Today's Analysis
Recent Comments by josephine
No comments by josephine yet.
