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About: josephine

Recent Posts by josephine

S&P 500 Under Pressure as Tech Stocks and Yields Weigh

Key Points: The S&P 500 faced renewed volatility as investors balanced strong equity market momentum against pressure from technology stocks, rising Treasury yields and shifting Federal Reserve expectations. US stock futures steadied after the previous session’s decline, when technology and semiconductor shares led losses. The S&P 500 declined as investors reassessed AI-related valuations and the Continue Reading

UK RPI accelerates to 0.6% in July, fuelling higher-for-longer BoE bets

UK RPI rose 0.6% in July, stoking inflation fears, pressuring gilts, and boosting sterling, inflation hedges.

Rupee weakens as oil stays firm; RBI to end concessional dollar swaps early

Rupee weakens near 95.76 as elevated oil and RBI swap closure keep USD/INR biased higher.

Gold slips below $4,450 as oil tensions lift yields and Fed hike pricing firms dollar

Gold slips under $4,450 as yields and crude rise; traders await Fed minutes, favor cautious bearish hedges.

UK inflation accelerates to 2.9% as core holds at 2.6%, lifting sterling

UK inflation hits 2.9% as core holds 2.6%, boosting sterling and raising September hike expectations.

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