About: josephine
Recent Posts by josephine
Oil prices climb on Gaza tensions and Saudi price hike
Key points: Brent crude futures gained 51 cents, or 0.6%, to $83.47 a barrel at 0636 GMT, while U.S. West Texas Intermediate crude futures were at $78.64 a barrel, up 53 cents, or 0.7%. Last week, both futures contracts posted their steepest weekly loss in three months with Brent falling more than 7% and WTI Continue Reading
Written on August 15, 2026 at 10:17 am
Categories: Today's Analysis
MARKETS TODAY: Traders expect greater downturn against the US dollar
With 65.61% of traders expecting a downturn in USD/JPY, conventional wisdom might suggest preparing for a decrease. However, the market often defies direct expectations, and the relatively high ratio of bears might hint at an overcrowded trade. For EUR/JPY, the sentiment is similarly bearish with 69.73% of traders betting on a drop and a short-to-long Continue Reading
Written on August 15, 2026 at 10:17 am
Categories: Today's Analysis
South Korean shares rise on Fed rate cut hopes and positive U.S. stocks
Key points South Korean stock market gains 7th May 2024 – South Korean shares closed higher on Tuesday as investor optimism grew around potential rate cuts from the U.S. Federal Reserve. The positive momentum was also influenced by strong U.S. stock performance on Monday. The Korea Composite Stock Price Index (Kospi) rose by 57.73 points, Continue Reading
Written on August 15, 2026 at 10:17 am
Categories: Today's Analysis
Oil stabilises, set for weekly fall on US economy concerns
Oil prices are rising today as OPEC+ members discuss possibly extending their supply cuts. Despite this upward movement, Brent and West Texas Intermediate (WTI) crude are set to end the week with losses, influenced by U.S. economic uncertainties and minimal impact on oil supplies from the ongoing Israel-Hamas conflict. Picture: Oil prices rising as seen Continue Reading
Written on August 15, 2026 at 10:16 am
Categories: Today's Analysis
Gold prices steady despite uncertain US economic indicators
Gold prices are on track for a second consecutive weekly decline but remained stable on Friday morning at $2,301.49 per ounce as of 0215 GMT. The modest weekly loss of over 1% reflects a broader pullback from the record high of $2,431.29 reached earlier in April, with prices falling by $130 since that peak. U.S. Continue Reading
Written on August 15, 2026 at 10:16 am
Categories: Today's Analysis
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