About: josephine
Recent Posts by josephine
Corn and soybean prices on the rise before USDA report
Key points The most-active wheat contract on the Chicago Board of Trade (CBOT) rose to $6.39-2/8 a bushel early Friday, indicating a positive start to the day. Investors might expect further price stability or slight increases as market sentiment holds firm ahead of the USDA report. Picture: Wheat prices on the rise as seen on Continue Reading
Written on August 15, 2026 at 10:19 am
Categories: Today's Analysis
MARKETS TODAY: Cable tests resistance, stock market rebound
Key points After a rebound from the support level of 1.0725, the EUR/USD pair is now challenging resistance around 1.0790, where the 50-day and 200-day Simple Moving Averages (SMAs) meet. SEE: The Cable tests resistance on the VT Markets trading app. This could extend to trendline resistance at 1.0810 and approach a significant Fibonacci level Continue Reading
Written on August 15, 2026 at 10:19 am
Categories: Today's Analysis
Positive UK economic data lifts FTSE 100
Key points The FTSE 100 is experiencing an upswing, buoyed by the UK’s latest GDP data which surpassed expectations, indicating a recovery from a recent recession. SEE: The FTSE CFD, UK100ft, experiencing an upswing on the VT Markets trading app. The UK’s GDP for the first quarter was reported at 0.6%, higher than the market’s Continue Reading
Written on August 15, 2026 at 10:19 am
Categories: Today's Analysis
Nikkei faces downturn amid earnings and profit-taking
Key points Japan’s Nikkei share average dipped over 1% on Wednesday, retreating from the multi-week highs observed in the last session. This movement came as a result of mixed corporate earnings, which highlighted clear winners and losers, alongside investors waiting for more information on the direction of U.S. interest rates. Picture: Nikkei prices see a Continue Reading
Written on August 15, 2026 at 10:19 am
Categories: Today's Analysis
MARKETS TODAY: RBA holds rates high as inflation challenges loom
Key points The Reserve Bank of Australia (RBA) has chosen to maintain its interest rate at a 12-year peak of 4.35%, defying some market predictions that anticipated a rate increase. This decision comes as Australia grapples with persistently high inflation rates, which have exceeded early 2023 forecasts. Given the current economic climate, it’s plausible that Continue Reading
Written on August 15, 2026 at 10:19 am
Categories: Today's Analysis
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