About: josephine
Recent Posts by josephine
S&P 500 Rises as Cooling Inflation Eases Fed Rate Concerns
Key Points: The S&P 500 moved higher as investors reacted to fresh inflation data that reduced concerns over an earlier-than-expected Federal Reserve rate hike. July CPI showed consumer prices rising 0.1% month-on-month, with annual inflation slowing to 3.4%, while core CPI increased 0.2% month-on-month and 2.5% year-on-year. The data broadly matched expectations, helping markets reassess Continue Reading
UK Non-EU Trade Deficit Widens to £10.448bn in June, Raising Pressure on Sterling
UK non-EU trade deficit widened to £10.448bn in June, worsening sterling outlook; traders consider GBP, FTSE250 puts.
Rupee eases as dollar firms on oil disruption fears; USD/INR capped below 20-day EMA
Rupee opens cautious as dollar firms; USD/INR near 95.35, oil risks and CPI guide range-bound trading.
Gold slips below $4,400 as cooler US CPI boost fades and firmer dollar weighs
Gold slips below $4,400 as CPI boost fades; dollar firms; traders watch key support and resistance.
UK GDP tops forecasts with 0.6% Q2 growth as factory output weakens, sterling steady
UK Q2 GDP beats forecasts at 0.6%, lifting hawkish BoE bets despite weak industrial output, limited sterling reaction.
