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About: josephine

Recent Posts by josephine

OCBC strategists see USD/SGD easing amid weaker dollar, expecting defensive, range-bound trading between 1.2670–1.2850

USD/SGD trades near 1.2745, range-bound; key resistance 1.2780–1.2850, support 1.2720–1.2670; Singapore data boosts SGD.

WTI crude trades near $98, rising 3.21%, as ongoing Hormuz closure heightens supply disruption, reaching April-high

WTI nears $98 as Hormuz Strait closure persists amid US-Iran talks stalemate, tightening supply; Brent may surge.

TD Securities expects Canada’s spring update to show a modestly improved 2026–27 deficit near CAD 60bn

TD Securities sees Canada’s deficit narrowing to CAD 60bn in 2026–27 on higher revenues, modest spending.

With interest rates staying higher, XAG/USD remains below moving averages, extending bearish losses over 2.5%

Silver drops 2.5% as higher yields, strong dollar, and oil-driven inflation risks pressure XAG/USD ahead Fed.

Standard Chartered strategists say labour-market slack and weak domestic demand should curb UK second-round inflation effects

UK labour slack and weak demand curb wage and pricing power, lowering second-round inflation risks post-energy shock.

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