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About: josephine

Recent Posts by josephine

US CPI steadies as markets weigh near-even odds on Federal Reserve rate move

US CPI met forecasts: headline 3.4%, core eased; markets split on Fed, while Canada CPI awaits.

UAE Gold Prices Ease as Central Bank Demand Underpins Bullish Trading Outlook

UAE gold slips to AED 510.56/gram; dip seen as buying chance amid strong central-bank demand support.

NZD/USD Under Pressure as Dovish RBNZ Hike and Fed Rate Bets Weigh on Kiwi

Kiwi weakens as dovish RBNZ hike and softer PMI offset expansion; focus shifts to Fed decision, key support.

What Is PPP? Purchasing Power Parity Explained

A $10 note buys ten scoops of ice cream in Bangkok and two in Zurich. Purchasing power parity explains why. This guide covers the purchasing power definition, the PPP formula, what GDP PPP means, the 2026 World Bank and IMF figures, and where the theory stops working.

USD/CAD slips near 1.3870 as oil-backed loonie steadies ahead of Fed decision

USD/CAD slipped near 1.3870 as oil supported CAD, while Fed hike odds boosted USD volatility.

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