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About: josephine

Recent Posts by josephine

Scotiabank’s strategists say CAD weakens as USD strength lifts USD/CAD beyond its estimated fair value

USD/CAD climbs on stronger US Dollar; weaker CAD, lower oil push fair value higher and resistance.

UOB’s Lee Sue Ann says BoE unanimity to hold 3.75% underpins sterling as inflation risks persist

BoE held rates at 3.75% unanimously; UOB expects no cuts through 4Q26 amid inflation risks.

ABN AMRO economists say ECB may tighten further, countering renewed energy shocks and preventing second-round inflation effects

ABN AMRO expects ECB to tighten twice after energy shock, limiting inflation; Lagarde urges temporary targeted fiscal support.

US EIA crude inventories increased by 6.926M barrels, exceeding forecasts of 0.5M in March 20

US EIA reported crude oil inventories rose 6.926M on March 20, far above the 0.5M forecast.

TD Securities’ Ryan McKay says oil tightens as Hormuz restrictions persist and Gulf cuts exceed 10m b/d

Hormuz oil flows plunge; Gulf output cuts deepen, storage draws accelerate, IEA releases limited; prices may surge.

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