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About: josephine

Recent Posts by josephine

Rabobank’s Bas van Geffen says the EU is diversifying alliances, sealing a free-trade pact with Australia, alongside Mercosur, India and Indonesia

EU signs Australia free-trade deal, cutting tariffs, boosting quotas, protecting product names, pending European Parliament approval.

The US Redbook annual index rose to 6.7%, up from the previous 6.4% reading

US Redbook Index year-on-year rose to 6.7% on March 20, up from 6.4% previously.

Selling hit GBP/USD as Middle East tensions rose, US dollar strengthened slightly, and UK PMI missed forecasts

GBP/USD slipped as dollar rebounded, UK PMIs disappointed, and Iran conflict risk aversion lifted safe-haven demand.

LME copper prices retreat after Monday’s rally, as Chinese buyers see value amid eased US-Iran tensions

LME copper fell 1%, reversing Monday’s rally; Iran tensions eased, but China buying rose as inventories dropped.

Fourth-quarter US unit labour costs came in at 4.4%, above the 3.3% market forecast estimate

US unit labour costs increased 4.4% in Q4, exceeding the 3.3% forecast, signaling stronger-than-expected cost pressures.

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