About: josephine

Recent Posts by josephine

Bank Indonesia maintains interest rates despite rupiah weakness 

Bank Indonesia (BI) signals that there is no necessity for rate hikes despite the decline of the IDR to 2020 lows. Explore how BI will stabilise and manage inflation.

Canadian dollar holds steady close to one-week high after BoC minutes

Key points: The Canadian dollar held its ground against the U.S. dollar on Wednesday, maintaining near its one-week high. Investors were analyzing the minutes from the Bank of Canada’s (BoC) recent meeting while keeping an eye on the upcoming Canadian inflation data. See: Canadian dollar trading at 1.37125 as seen on the VT Markets app. Continue Reading

Sterling holds steady ahead of BoE decision; Dollar falters against yen

Key points: The British pound held broadly steady on Thursday as the market awaited the Bank of England’s (BoE) rate decision. The dollar, meanwhile, faced mixed movements against major currencies as it awaited fresh market catalysts. The pound traded at $1.2719, having eked out a slight gain in the previous session. The euro rose 0.03% Continue Reading

Wheat prices retreat with improved global supply 

Key points:  Wheat prices (Symbol: Wheat-C) fell on Thursday, slipping to the lowest level in two months as the major harvest supply in the world eased supply fears. Prices dropped to $5.73-1/2 a bushel, down around 18.8% from the highs seen last month.  Images above show the dip in wheat prices, as observed on the Continue Reading

Tech giants propel Nasdaq to record highs with broad market gains 

Key points:  The Nasdaq Composite (Symbol: NAS100) continues its impressive run, setting a record high for the sixth consecutive session. The performance of this tech-heavy index is primarily driven by strong gains in major technology stocks, with investors showing an insatiable appetite for these market leaders.  Picture: The Nasdaq Composite rallying to record high, as Continue Reading

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