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About: josephine

Recent Posts by josephine

Crude Oil Rises as Iran Sanctions Renew Hormuz Supply Risks

Key Points Global crude oil prices climbed on Wednesday as renewed tension between the US and Iran brought Middle East supply risks back into focus. The US West Texas Intermediate, commonly followed by traders as CL-Oil, moved to approximately $71.81. The benchmark gained close to 2% after rising by about 3% during Tuesday’s session. Tuesday’s Continue Reading

Penguin Solutions beats forecasts again as revenue jumps and shares surge 246% year to date

Penguin Solutions beat EPS and revenue estimates again, shares up 246% YTD; bullish strategies advised.

USD/JPY steadies after surge as US CPI lifts dollar, with 163.00 resistance capping gains

USD/JPY stays firm near 162; upside capped around 162.70–163.00 amid intervention risk and rangebound outlook.

GBP/USD retreats from 1.3410 as US data bolsters dollar, raising correction risks

GBP/USD reverses from 1.3410 resistance, enters corrective phase; 1.3315 key support amid Fed-UK divergence.

Oil holds security premium as US-Iran tensions lift yields; OCBC stays bullish on Brent trajectory

Oil rose on US-Iran tensions, supporting dollar and yields; Brent seen easing gradually; options strategies suggested.

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