U.S. Oil Rig Count Edges Higher, Signaling St…

U.S. Oil Rig Count Edges Higher, Signaling St…

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Trump says post from Iranian foreign minister is “very positive”

Trump says post from Iranian foreign minister is “very positive”

Iranian foreign minister Seyed Abbas Araghchi earlier wrote: The Islamabad Memorandum of Understanding has never been closer. Pending its finalization, the media should refrain from entering speculation about its content. In line with our responsible and transparent approach, all details will be shared with the public in due course. Trump was earlier ticked off about

U.S. Consumer Sentiment Rebounds From Record Low In June

U.S. Consumer Sentiment Rebounds From Record Low In June

With consumers experiencing some relief due to the early-month easing in gasoline prices, the University of Michigan released a report on Friday showing a bigger than expected rebound in U.S. consumer sentiment in the month of June. The University of Michigan said its consumer sentiment index jumped to 48.9 in June after slumping to 44.8

Double, but no trouble? CVA capital hit may lack clout

Double, but no trouble? CVA capital hit may lack clout

US capital proposals would entail a whopping 96% rise in derivatives counterparty risk charges. But while this potential doubling has struck fear into some in the industry, others believe it’s no big deal. Sources argue banks could slash the capital hit by tweaking hedges to align with the new regulatory view of exposures. There are

WTI Crude Oil: Elliott Wave Analysis and Forecast for 12.06.26–19.06.26

WTI Crude Oil: Elliott Wave Analysis and Forecast for 12.06.26–19.06.26

2026.06.12 2026.06.12 WTI Crude Oil: Elliott Wave Analysis and Forecast for 12.06.26–19.06.26 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider short positions from corrections below the level of 92.06 with a target of 78.00–65.00. A sell signal: the price holds below 92.06. Stop Loss: above 93.00, Take Profit: 78.00–65.00. Alternative

UK Growth Momentum Softens as NIESR Monthly G…

UK Growth Momentum Softens as NIESR Monthly G…

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Chart alert: SpaceX to the moon or to the ground? Watch 187.60 and 161.00.

Chart alert: SpaceX to the moon or to the ground? Watch 187.60 and 161.00.

Key takeaways SpaceX’s historic US$75 billion IPO marks a major milestone for global equity markets, with the company debuting at a valuation approaching US$1.8 trillion and positioning itself as a future top-weight constituent of the Nasdaq 100. Despite overwhelming investor demand and heavy oversubscription, the SpaceX grey market remains technically fragile, with the SPCX/USDT perpetual

Rolls-Royce Shares: Strategic Transformation Drives Optimism

Rolls-Royce Shares: Strategic Transformation Drives Optimism

Share price reflects improved fundamentals Rolls-Royce’s share price has risen dramatically since the beginning of its turnaround, reflecting a transformation in investor sentiment as profitability and cash generation have exceeded expectations. The rally has been supported by upgraded financial targets, the reinstatement of dividends and a sizeable share buyback programme, all of which signal management’s confidence

Hungary Industrial Output Growth Confirmed At 0.9%

Hungary Industrial Output Growth Confirmed At 0.9%

Hungary’s industrial production expanded at a slower pace in April, as estimated initially, the latest data from the Hungarian Central Statistical Office showed on Friday. The volume of industrial production rose an unadjusted 0.9 percent annually in April, much slower than the 6.7 percent sharp rebound in March. The overall expansion was driven by a

Middle East Peace Weighs on Greenback. Forecast as of 12.06.2026

Middle East Peace Weighs on Greenback. Forecast as of 12.06.2026

2026.06.12 2026.06.12 Middle East Peace Weighs on Greenback. Forecast as of 12.06.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The easing of geopolitical tensions in the Middle East and the rally in global stock markets have outweighed concerns over the ECB’s stance and the acceleration of US producer prices. Let’s examine their impact and develop a trading plan for the

Japan Industrial Output Growth Revised Lower

Japan Industrial Output Growth Revised Lower

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Asia open: Wall Street surges as Trump signals a breakthrough peace deal with Iran

Asia open: Wall Street surges as Trump signals a breakthrough peace deal with Iran

Kelvin Wong Senior Market Analyst Based in Singapore, Kelvin Wong is a well-established senior global macro strategist with over 15 years of experience trading and providing market research on foreign exchange, stock markets, and commodities. Passionate about connecting the dots in the financial markets and sharing perspectives around trading and investment, Kelvin Wong is an

Gold and Silver Hold Make-or-Break Zones After Trump’s Iran Pivot, but Bullish Reversal Remains a Work in Progress

Gold and Silver Hold Make-or-Break Zones After Trump’s Iran Pivot, but Bullish Reversal Remains a Work in Progress

Financial markets staged a powerful relief rally after US President Donald Trump abruptly called off planned military strikes against Iran and declared that diplomatic discussions had reached the “highest level of Iranian leadership.” Trump later suggested that a peace agreement could be finalized as soon as this weekend, potentially leading to the reopening of the

Japan 10Y Yield Falls Ahead of BOJ Meeting

Japan 10Y Yield Falls Ahead of BOJ Meeting

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Reuters poll in near unanimous: RBA seen holding at 4.35% on June 16

Reuters poll in near unanimous: RBA seen holding at 4.35% on June 16

A near-unanimous expectation of a hold leaves limited scope for a market surprise on Tuesday, with attention shifting to the RBA’s forward guidance and how it characterises Middle East-driven inflation risks. The split over the September outlook, with a notable minority still pricing further hikes, suggests AUD and rates markets remain sensitive to incoming inflation

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