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About: josephine

Recent Posts by josephine

Canada CPI undershoots forecast, fuelling June Bank of Canada rate-cut bets and weighing loonie

Canada’s Consumer Price Index rose 0.4% in April, missing forecasts of 0.6% and signalling slower inflation.

Canada Building Permits Surge, Hot Inflation Shifts Bank of Canada to Higher-for-Longer Stance

Canada’s March building permits rose 10.3%, beating the expected 4% increase, signaling stronger construction activity.

Australian dollar slides on oil shock and RBA pause; AUD/USD struggles as Fed rate premium persists

Australian Dollar slips near 0.7100 as Iran conflict, surging oil, and RBA pause dampen risk sentiment.

RBA flags inflation expectations risk as oil shock lifts pressure and complicates AUD/USD outlook

RBA warns oil-driven inflation risks may lift expectations, potentially demanding deeper slowdown; rate hikes near pause.

Gold slides to three-month low as Iran talks and Fed rate bets lift yields

Gold neared $4,482 as US-Iran talks, oil-driven inflation fears, and rising rate expectations pressured prices.

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