About: josephine

Recent Posts by josephine

Nikkei Rebounds on Softer Yen after Sharp Sell-off

Japanese stock market index Nikkei (Symbol: Nikkei225) bounced back, rising by more than 1% in early Tuesday trading after a steep decline in the previous session. -vtmarkets.com

Asia Stocks Drop as Iran-Israel Tensions Rise, Crude Oil Surges on Supply Risks

Fears of escalating conflict in the Middle East weighed heavily on Asian stocks, while safe-haven assets like gold and the dollar saw increased demand. Crude oil prices also climbed on supply disruption concerns. – vtmarkets.com

Kiwi Rebounds as Military Actions from Iran Start Easing

The New Zealand dollar (Symbol: NZDUSD) has regained some ground, edging closer to $0.63, after sharp declines on Monday. The fall, a result of heightened risks stemming from Iran’s missile attacks on Israel, spooked traders globally. -vtmarkets.com

Rupee Under Pressure as Dollar Gains Strength

The Indian rupee is expected to open near 83.92-83.94, pressured by a stronger U.S. dollar driven by robust jobs data and reduced expectations for a large Fed rate cut. Rising oil prices due to Middle East tensions add further downside risks for the rupee. – vtmarkets.com

Dollar Drifts as Risk-Sensitive Currencies Rise on China Optimism

Traders now expect 73 basis points of easing for the remainder of the year, with CME Group’s FedWatch Tool indicating a 51% probability of another half-percentage-point cut. This cautious outlook stems from the Federal Reserve’s focus on supporting the labour market while moderating inflation risks. -vtmarkets.com

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