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About: josephine

Recent Posts by josephine

US Services PMI undershoots forecasts, fuelling rate-cut bets and equity volatility hedging demand

U.S. S&P Global Services PMI for May fell to 50.9, slightly above expansion threshold, missing 51 forecast.

S&P Global US Composite PMI at 51.7 in May points to steady expansion, delayed rate cuts

S&P Global US Composite PMI rose to 51.7 in May, signaling overall business activity expanded above 50.

Sterling slips versus yen after PMI shock as oil rallies and intervention risks resurface

Pound slips versus Yen as PMI data weaken; GBP/JPY near 213.40, markets await UK sales, Japan CPI.

Oil slides as US-Iran deal hopes overshadow tightening inventories and record export-driven drawdowns

Oil prices slipped as Iran deal hopes rose, despite record US inventory draws and strong exports.

Dollar firms as rising US yields bolster Fed hike bets, while AI-led risk appetite caps gains

US dollar firms as yields rise; Fed minutes hint tightening, but inflation forecast tempers hikes; risk appetite limits gains.

Recent Comments by josephine

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