About: josephine
Recent Posts by josephine
Societe Generale says Brent jumped 4% as Hormuz tensions outweighed the UAE’s OPEC and OPEC+ departure
UAE exits OPEC May 1; Brent rises 4% as Hormuz tensions dominate supply concerns and exports.
Written on May 5, 2026 at 4:23 pm
Categories: Live Updates
Chris Turner says intervention’s effect on USD/JPY is waning, while energy, US yields and BoJ dovishness weaken yen
USD/JPY rebounds as intervention fades; BoJ sold $30bn, pressures persist; pair seen drifting toward 160.
Written on May 5, 2026 at 3:56 pm
Categories: Live Updates
America’s Redbook Index rose year-on-year to 7.8%, edging up from the previous 7.7% reading
US Redbook Index annual growth ticked up to 7.8% in May, slightly above April’s 7.7% reading.
Written on May 5, 2026 at 3:53 pm
Categories: Live Updates
Following a bearish pullback, Nasdaq bulls retest record highs near 28,800; breakout buys, reversal dips
Nasdaq retests all-time high; breakout may spur buying, rejection may cause pullback toward ET zones 7–8 soon.
Written on May 5, 2026 at 3:26 pm
Categories: Live Updates
Oil-backed Canadian dollar caps USD/CAD recovery, keeping pair stable near 1.3600 amid mild risk aversion
USD/CAD dips to 1.3615 as US-Iran tensions support dollar, while high oil supports Canadian dollar.
Written on May 5, 2026 at 3:23 pm
Categories: Live Updates
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