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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

Dollar extends gains against yen on Middle East tension as dovish Bank of Japan caps yen appeal

Dollar extends gains versus yen on Middle East tensions, BoJ dovishness; USD/JPY stalls near 162.40 resistance.

AI fuels US small-business formation, boosting start-up churn and reshaping hiring patterns beyond tech

AI shifts from displacement fears to small-business formation, fueling diffusion, productivity, and small-cap upside via accelerated startups.

EUR/USD loses upside momentum, shifts to range trading as volatility sinks and options sellers eye premiums

EUR/USD rally stalled; momentum faded into sideways range trading between 1.1360 support and 1.1450 resistance.

Sweden industrial output growth slows in May, raising pressure on krona and Riksbank outlook

Sweden’s industrial growth cooled to 0.2%, lifting recession fears, pressuring SEK, and boosting OMXS30 downside bets.

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