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About: josephine

Recent Posts by josephine

Bessent urges the Fed to delay rate cuts, expecting US core inflation to keep easing, despite Iran war

Bessent confident core inflation will fall; urges Fed rate cuts, backs Warsh, notes tariffs unchanged, seeks housing bill.

Sterling climbs near 1.3590 as improved US-Iran hopes and weaker PPI dampen dollar demand

GBP/USD rises to 1.3590 as risk sentiment improves and weaker Dollar follows softer-than-expected inflation data.

The US 52-week bill auction yield rose to 3.56%, increasing from the previous 3.485%

U.S. auctioned 52-week Treasury bills, with the high rate rising to 3.56% from 3.485% previously.

Silver climbs to about $79 as softer US inflation weakens the Dollar, lifting buying demand further

Silver rallied to $78.80 as weaker dollar, soft inflation, and easing US-Iran tensions boosted demand.

Sterling rises 0.3% against dollar, buoyed by UK gilt demand; light data, BoE comments may sway

Sterling gained 0.3% to above 1.35; strong UK debt demand and BoE comments supported bullish GBP/USD.

Recent Comments by josephine

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