About: josephine
Recent Posts by josephine
Rupee Under Pressure From Delayed US Rate Cuts
The Indian rupee closed lower against the U.S. dollar on Monday, settling at 83.41, down from its previous session’s close of 83.34. SEE: USD makes significant gains against INR on VT Markets trading app. Factors such as increased dollar purchases by foreign banks and weakness across Asian currencies shaped this outcome, driven by expectations that the Continue Reading
Written on August 15, 2026 at 10:13 am
Categories: Today's Analysis
Japanese Yen Surges; Is it BoJ Intervention?
In a dramatic turn of events in Asian markets on Monday, the Japanese yen recorded a surge against the dollar, appreciating by 5 yen, with traders attributing this sharp recovery to heavy dollar-selling by Japanese banks. This intervention seemed to be a response to the yen touching fresh 34-year lows earlier in the day. Picture: Continue Reading
Written on August 15, 2026 at 10:13 am
Categories: Today's Analysis
Tesla Expands Full Self-Driving Technology to China
Over the weekend, Tesla CEO Elon Musk announced that Tesla’s advanced driver-assistance system, Full Self Driving (FSD), has been cleared for sale in China, prompting a 15% surge in Tesla’s stock on Monday. This move marks a significant expansion for Tesla into the Chinese market, which is already a major hub for electric vehicle (EV) Continue Reading
Written on August 15, 2026 at 10:13 am
Categories: Today's Analysis
Supply Worries Set Wheat for Biggest Weekly Gain in Two Years
As the trading week closes, Chicago wheat futures are on track to record their largest weekly uptick since 2021, fuelled by persistent dry conditions in key wheat-growing areas of Russia and the United States. These adverse weather patterns are stoking fears of a tightened supply landscape. Corn and soybeans also saw upward movements. Corn is Continue Reading
Written on August 15, 2026 at 10:12 am
Categories: Today's Analysis
Japan’s Bond Yields Surge as BoJ Meeting Looms
Japan’s 10-year government bond yield has ascended to a more than five-month peak, increasing by 4 basis points to 0.93%, the highest since November 3, and settled at 0.925%. The two-year yield, reacting to the Bank of Japan’s (BoJ) monetary policy, rose to its highest since July 2009, at 0.315%. This movement reflects anticipation of Continue Reading
Written on August 15, 2026 at 10:12 am
Categories: Today's Analysis
Recent Comments by josephine
No comments by josephine yet.
