About: josephine
Recent Posts by josephine
Rate cut rumors keep forex markets on edge
Key Points: 8th May 2024 – On Wednesday, the U.S. dollar made modest gains, rebounding after previous losses which were influenced by market expectations of Federal Reserve rate cuts later this year. The greenback’s movements reflect ongoing adjustments in investor outlook following weaker-than-expected U.S. jobs data and signals from the U.S. central bank suggesting a Continue Reading
Written on August 15, 2026 at 10:18 am
Categories: Today's Analysis
Gold prices steady ahead of the release of US economic data
Key points: Gold prices stabilise as economic data looms Gold prices held steady early Thursday, with spot gold priced at $2,309.23 per ounce. In contrast, U.S. gold futures saw a slight decrease of 0.2%, settling at $2,316.80. Investors are closely monitoring the upcoming U.S. economic reports, particularly the weekly jobless claims due at 1230 GMT Continue Reading
Written on August 15, 2026 at 10:18 am
Categories: Today's Analysis
China sees swings on iron and steel
Key Points: On Thursday, iron ore and steel product prices in China experienced a decline, primarily influenced by reduced demand following the Labour Day holiday. Iron sees decline in May The most-traded September iron ore on China’s Dalian Commodity Exchange was down by 0.6%, trading at 874.50 yuan ($121.06) per metric tonne. In contrast, the Continue Reading
Written on August 15, 2026 at 10:18 am
Categories: Today's Analysis
Optimism fuels global stocks, Yen weakness persists
Key points: Global stock markets experienced a significant rally on Monday, driven by the anticipation that major central banks might implement rate cuts later this year. This sentiment was further bolstered by a softer-than-expected U.S. labor market report last Friday, prompting traders to anticipate potential easing of monetary policy by the Federal Reserve as early Continue Reading
Written on August 15, 2026 at 10:18 am
Categories: Today's Analysis
Gold prices climb on speculation of Federal Reserve rate cut
Key points: Gold prices rose for the second consecutive session on Tuesday. This increase comes as traders grow increasingly optimistic about a potential Federal Reserve rate cut later this year. Spot gold was up 0.2% at $2,327.11 per ounce early this morning, while U.S. gold futures also saw a 0.2% rise to $2,336.20. Picture: Gold Continue Reading
Written on August 15, 2026 at 10:18 am
Categories: Today's Analysis
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