About: josephine
Recent Posts by josephine
Oil prices rebound following OPEC+ reassurance, but set for weekly decline
Key points: This article is a follow-up to: Oil prices hovering at lows with rising supply Supply chain disruption in the WTI oil sector Oil prices ticked higher on Friday, supported by reassurance from key OPEC+ members Saudi Arabia and Russia about their readiness to adjust output agreements. However, despite these gains, markets are heading Continue Reading
Written on August 15, 2026 at 10:34 am
Categories: Today's Analysis
Oil, treasury yields decline as US sees falling job openings
Key points: The U.S. economy’s recently robust performance may be starting to wane, as indicated by the latest Job Openings and Labor Turnover Survey (JOLTS). The data revealed that job openings fell to the lowest level in more than three years in April, indicating a softening in the labor market. This unexpected drop in job Continue Reading
Written on August 15, 2026 at 10:33 am
Categories: Today's Analysis
Oil prices hovering at lows with rising supply and uncertain demand
Key points: WTI crude oil (Symbol: USOUSD) hovered near $73 per barrel on Wednesday, maintaining their position at four-month lows after five consecutive sessions of decline. Brent crude oil (Symbol: UKOUSD) also held around $76 per barrel, near three-month lows. Both benchmarks are weighed down by signs of rising global supplies and an uncertain demand outlook. Continue Reading
Written on August 15, 2026 at 10:33 am
Categories: Today's Analysis
US dollar and Singapore dollar trading in consolidation ahead of US economic data release
Key points: The USD/SGD pair is consolidating during the Asian session, holding steady at 1.3462 as traders await crucial US economic data. The focus tonight is on the ISM services PMI report, which is particularly noteworthy as the services sector has been a key driver of the US economy. The report will provide critical clues Continue Reading
Written on August 15, 2026 at 10:33 am
Categories: Today's Analysis
Path for a lower dollar as economic data deteriorates
Key points: The US dollar is experiencing downward pressure as recent economic data reveals a series of setbacks. The GDPNow forecast, which provides an early estimate of the US GDP, indicates an observable downturn in Q2 growth. This shift is compounded by April’s CPI and PCE data, which supports a disinflation narrative, suggesting that inflation Continue Reading
Written on August 15, 2026 at 10:33 am
Categories: Today's Analysis
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