Sky News Arabia is reporting: Negotiations in Tehran have reached an understanding on broad outlines regarding the nuclear issue. Delivery of Uranium would be linked to lifting the sanctions and would be gradual. Focused on an understanding regarding the Strait of Hormuz which is still in negotiations. Iran still wants American guarantees for any agreement […]
A reading on leading U.S. economic indicators unexpectedly edged slightly higher in the month of April, according to a report released by the Conference Board on Friday.The Conference Board said its leading economic index crept up by 0.1 percent in April after falling by 0.6 percent. Economists had expected the index to dip by 0.3
Elior Manier Market Analyst Elior brings over seven years of experience in financial markets to our analyst team. Since 2018, he has actively engaged in observing, charting, and trading, driven by his passion for mastering market dynamics. With a profound understanding of the geopolitical and macroeconomic forces that shape market movements, Elior focuses on analysing
Two former foreign exchange exotics options traders at Citi have left the US bank to take up new roles at Morgan Stanley and Millennium. Jay Steinberg joined the hedge fund in New York this month as a portfolio manager, while London-based Thomas Roberts joined Morgan Stanley in April as an FX options trader focusing on
Binance continues pushing technical upgrades BNB Chain’s development roadmap remains highly ambitious. Binance recently confirmed testing around quantum-resistant cryptography, a long-term security initiative aimed at protecting blockchain infrastructure from future quantum computing threats. Although the tests reportedly reduced transaction throughput significantly, the effort demonstrates Binance’s focus on future-proofing the network against emerging technological risks. At
2026.05.22 2026.05.22 GBP/USD: Elliott Wave Analysis and Forecast for 22.05.26–29.05.26 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 1.3553 with a target of 1.3150–1.2936. A sell signal: the price holds below 1.3553. Stop Loss: above 1.3590, Take Profit: 1.3150–1.2936. Alternative scenario: Breakout
Full report here Lagarde declined to provide specific guidance regarding the ECB’s upcoming June 11 meeting. She emphasized that the bank will maintain a “data-dependent” and “meeting-by-meeting” approach to ensure inflation returns to its 2% target. She highlighted the energy price shock that is simultaneously driving up inflation and slowing economic growth. While long-term inflation
Greece’s current account deficit decreased in March, due to improvements mostly in the goods and services balance and the primary income account, data from the Bank of Greece showed on Friday.The current account showed a deficit of EUR 2.3 billion in March, down from 3.3 billion in the corresponding month last year.The goods trade deficit
EUR/CAD has remained trapped in a broad sideways range after rebounding to 1.6247 in early April, with neither Euro nor Canadian Dollar able to establish a convincing directional advantage. The pair’s hesitation reflects a market caught between fading oil-driven momentum on the CAD side and uncertainty over how aggressively ECB will tighten policy through the
Macro update Stocks rise on peace hopes: Asian equities advanced as investors focused on US-Iran negotiations, with MSCI’s Asia-Pacific index ex-Japan up 0.8%, US futures higher and European futures pointing to a stronger open. Nikkei nears record high: Japan’s Nikkei climbed more than 2%, led by AI-related stocks following gains in US chipmakers, with SoftBank,
2026.05.22 2026.05.22 Short-Term Analysis for Oil, Gold, and EURUSD for 22.05.2026 Alex Rodionovhttps://www.litefinance.org/blog/authors/alex-rodionov/ Welcome, my fellow traders! I have prepared a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of the margin zones method and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. Gold is trading
Retail sales -1.3% vs -0.6% m/m expected Prior +0.7%; revised to +0.6% Retail sales 0.0% vs +1.3% y/y expected Prior +1.7%; revised to +1.4% Retail sales (ex autos, fuel) -0.4% vs -0.3% m/m expected Prior +0.2%; revised to +0.1% Retail sales (ex autos, fuel) +1.1% vs +1.5% y/y expected Prior +1.7%; revised to +1.5% Well,
Quarterly national accounts, business and consumer sentiment survey results from Germany and retail sales and public finance from the UK are the top economic news due on Friday.At 2.00 am ET, Destatis releases Germany’s GDP data for the first quarter. The preliminary estimate showed that the largest euro area economy expanded 0.3 percent after rising
Summary: Iran war newsflow was subdued; talks between Tehran and Washington are continuing via Pakistani intermediaries, focused on establishing a framework for a potential agreement Japan’s core CPI rose 1.4% year-on-year in April, a four-year low and below the 1.7% consensus; the core-core measure, which strips out fresh food and energy and is closely watched
Silver has endured a violent reversal in the past two weeks, swinging from near $90 to the mid-$70s as geopolitical panic surrounding the Iran conflict intensified and then eased sharply. The initial steep decline was fueled by fears of an imminent US strike on Iran earlier in the week and a potential collapse of the
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
The People’s Bank of China is due to set the daily USD/CNY reference rate at around 0115 GMT (2115 US Eastern time), a fixing that remains one of the most closely watched signals in Asian foreign exchange markets. China operates a managed floating exchange rate system, under which the renminbi (yuan) is allowed to trade
