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About: josephine

Recent Posts by josephine

US pending home sales growth accelerates in May, underpinning higher-for-longer Fed rate outlook

May pending home sales grew 4.8%, signaling stronger housing demand, delaying Fed cuts, boosting yields, homebuilders.

US Business Inventories Rise 0.5% in April, Supporting Steady Stockbuilding and Fed Patience

US inventories rose 0.5% in April, meeting forecasts; sales softened, boosting hedging focus and CPI-driven volatility.

BoJ Rate Rise Fails to Lift Yen as USD/JPY Hinges on Fed Signals and Intervention Risk

BoJ’s expected hike to 1.0% failed to support yen; USD/JPY hinges on Fed outlook and intervention risk.

ECB’s Sleijpen flags second-round inflation risks, investors eye rate volatility, oil straddles and euro calls

ECB’s Sleijpen sees lower odds of 2022 inflation spike, but warns wage-driven pressures requiring higher-for-longer rates.

Tesla broadens beyond EVs as Elliott Wave pullback sets stage for $774 target

Tesla broadens beyond EVs into AI, autonomy, energy, and robotics as Elliott Wave setup targets $774.

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