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About: josephine

Recent Posts by josephine

Bank Indonesia delivers 50bp rate hike to 5.25% to bolster rupiah, flags further tightening

Bank Indonesia unexpectedly hiked rates 50bp to 5.25% to defend rupiah, curb inflation; more rises possible.

Dow tops 50,000 as US-Iran draft deal talk cools oil, shifts Fed rate outlook

Dow initially sank on higher oil and yields, then surged on reports of imminent US-Iran deal announcement.

USD/CAD pares gains on US-Iran draft deal reports as oil slips and data awaited

USD/CAD eased after US-Iran talks headlines; dollar and oil slipped; traders await deal confirmation, key data.

Crude oil retreats as Iran deal chatter shifts focus from Hormuz risk to supply outlook

Crude oil rose then fell as Iran deal rumors grow, shifting focus from Hormuz fears to reopening.

Euro area PMI rebound shifts ECB focus to rate cuts as inflation cools and volatility ebbs

Euro area composite PMI fell to 47.5 in May as Gulf conflict lifts costs, deepening contraction.

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