About: josephine
Recent Posts by josephine
Oil prices dip on China demand concerns and eased Middle East tensions
Oil prices fall as weak Chinese demand and reduced Middle East conflict concerns pressured the price of the black gold. Read more for the market outlook and forecast.
Written on August 15, 2026 at 10:59 am
Categories: Today's Analysis
Yen climbs as investors pull back from risky trades
Key points On Thursday, the yen experienced a rise, drawing support from the unwinding of carry trades ahead of the Bank of Japan’s (BOJ) policy meeting next week. This comes as a rotation out of megacap growth stocks dampened risk appetite broadly, providing safe haven bids for the Japanese currency. Yen surges amid BOJ rate Continue Reading
Written on August 15, 2026 at 10:58 am
Categories: Today's Analysis
US GDP growth boosts crude oil demand despite Asian challenges
Brent crude futures for September increased by 7 cents, reaching $82.44 per barrel as of 0014 GMT. Similarly, US West Texas Intermediate (WTI) crude for September rose by 4 cents, hitting $78.32 per barrel.
Written on August 15, 2026 at 10:58 am
Categories: Today's Analysis
Yen poised for best weekly gain in three months as carry trades unravel
The yen (USDJPY) dominated currency markets this month, climbing to a near three-month high of 151.945 per dollar on Thursday. This is a major shift from its 38-year low of 161.96 per dollar at the start of the month. By Friday, the yen was at 153.66, set for a 2.5% rise for the week.
Written on August 15, 2026 at 10:58 am
Categories: Today's Analysis
Canadian dollar dips in anticipation of key economic data releases
CAD weakens against USD as the markets await the May manufacturing and wholesale sales data of Canada. Read more for forecasts and the market implications.
Written on August 15, 2026 at 10:58 am
Categories: Today's Analysis
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