Articles by Rebecca Torres
Rupiah Gains on Damayanti's Sole Candidacy for BI Governor
Indonesia's rupiah rallied to its strongest level since June 18 after President Prabowo nominated Destry Damayanti as sole candidate for Bank Indonesia governor, reducing policy uncertainty.
Yen's Slide Persists Despite Record Speculative Short Squeeze
The yen weakened to 159.14 despite a sharp reduction in speculative shorts, as BOJ's hawkish tone failed to offset dollar strength and inflation concerns.
B2Gold Jumps 23% on Mali Permit, Lifting Fekola Growth Prospects
B2Gold (BTG) rallied 23% after Mali issued the Menankoto permit, paving the way for Fekola Regional to produce over 150,000 ounces annually from 2028. Q2 earnings missed estimates, but the growth catalyst drove shares higher.
Peso Gains as Investors Eye Banxico's Next Move
The Mexican peso strengthened for a fourth straight session, closing at 17.2583 per dollar, as investors await Banxico's rate decision. Carry advantage and reduced risk aversion support the currency.
Peso's July Rally Narrows Carry Trade Advantage
The Mexican peso rose 1.02% in July, but carry trade returns are nearly offset by forecast depreciation. Banxico holds rates ahead of policy decision.
Brent's July Rally Widens WTI Spread to 60% on Hormuz Jitters
Brent crude rose over 20% in July, widening its premium over WTI to $5.87 as Hormuz shipping concerns persist. Tanker traffic through the strait remains at 30-35% of pre-conflict levels.





