About: josephine
Recent Posts by josephine
EUR/GBP rebounds to 0.850 as sterling rally fades; ING sees drift towards 0.870
Sterling rally fades; EUR/GBP rebounds to 0.850, still undervalued. ING expects drift to 0.870 by end-summer.
US import prices accelerate to 7.1% in June, raising higher-for-longer Fed expectations
US import prices rose 7.1% in June, signaling intensifying imported inflation, higher-for-longer rates, and volatility.
Dollar Holds Firm as Middle East Escalation, Robust US Data and Oil Shock Risk Support Greenback
Middle East conflict and strong US data bolster resilient dollar; energy shock risk prompts defensive hedging strategies.
US export price inflation cools as June index rises 10.2% year on year
US export prices rose 10.2% year-on-year in June, easing from 11.2%, signalling cooling inflation pressures.
US Building Permits Fall 3% in June, Stoking Rate-Cut Bets and Pressuring Homebuilders
U.S. building permits fell 3% in June, signaling developers’ pullback, rising recession risks, and rate-cut expectations.
