January data reinforce expectations of a 25 basis point rate cut in March Industrial production declined, with construction down 12.8 percent year on year Weakness was broad based, affecting most monitored sectors Producer prices fell by 2.6 percent year on year, deepening deflation Wage growth showed early signs of moderation Disinflationary trends support a more […]
Rolls Royce is expected to report higher revenue and significantly stronger pre-tax profit, earnings per share (EPS) compared to full-year 2024 results. Revenue: £19.81 billion, 12.1% above its FY 2024 £17.85 billion result. Pre-tax profit: £3.3 billion, around 44% higher than a year ago. EPS: 28.81 pence, around 43% higher than a year ago. Strong
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2026.02.20 2026.02.20 USD/CAD: Elliott Wave Analysis and Forecast for 20.02.26–27.02.26 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: After the correction ends, consider short positions below the level of 1.3760 with a target of 1.3300–1.3111. A sell signal: the price holds below 1.3760. Stop Loss: above 1.3760, Take Profit: 1.3300–1.3111. Alternative
Prior 49.1 Services PMI 53.4 vs 52.4 expected Prior 52.4 Composite PMI 53.1 vs 52.3 expected Prior 52.1 Key Points: Business activity growth ticks up to four-month high in February Comment: Commenting on the flash PMI data, Dr. Cyrus de la Rubia, Chief Economist at Hamburg Commercial Bank, said: “Hurray, German industry is growing again.
Dollar remained generally firm in otherwise quiet Asian trading, with broader FX flows subdued but sentiment increasingly cautious. There is a noticeable sense of nervousness across markets as geopolitical risks intensify. Precious metals edged higher, with Gold and Silver ticking up modestly. However, there is no clear follow-through buying. The lack of sustained momentum suggests
Japan’s consumer price inflation weakened to a two-year low in January, data from the Ministry of Internal Affairs and Communications showed Friday. Core inflation that excludes prices of food, slowed to 2.0 percent from 2.4 percent in the previous month. This was the lowest since January 2024. At the same time, headline inflation stood at
Commerzbank’s Michael Pfister notes that while EUR/USD has slipped back below 1.18 and the Euro’s spot gains versus the Dollar are modest year-to-date, options markets still reflect a structural shift since “Liberation Day.” He argues that investors increasingly use EUR options to hedge Dollar risk, reinforcing the Euro’s status as the main alternative reserve currency.
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Lagarde signals intent to finish ECB term, amid politically sensitive succession chatter. Westpac warns Australia’s unemployment rate masks soft demand and falling participation FX INTERVENTION: Reports the Reserve Bank of India is selling USD/INR to support the rupee Goldman: Gold to grind higher to $5,400/oz by end-2026 on strong demand NZD, AUD fall as RBNZ
USD/CAD steadies for the second successive session, hovering around 1.3700 during the Asian hours on Friday. The pair remains subdued as the commodity-linked Canadian Dollar (CAD) draws support from higher Oil prices, offsetting the stronger US Dollar (USD). Notably, Canada is the largest Oil exporter to the United States (US), supplying around 60% of total
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The manufacturing sector in Japan continued to expand in February, and at a faster pace, the latest survey from Jibun Bank revealed on Friday with a manufacturing PMI score of 52.8. That’s up from 51.5 in January and it moves further above the boom-or-bust line of 50 that separates expansion from contraction. This was supported
This is just a post with the data. I’ll have more, analysis and implications posted separately. Note that the 1.5% overall pace is below 2% for the first time since March 2022. The latest on the BoJ: BOJ expected to reach 1% by mid-year as yen intervention risks rise near 160 USD/JPY JBA chief says
The manufacturing sector in Australia continued to expand in February, albeit at a slower pace, the latest survey from S&P Global revealed on Friday with a manufacturing PMI score of 51.5. That’s down from 52.3 in January, although it remain above the boom-or-bust line of 50 that separates expansion from contraction. According to anecdotal evidence,
Today marked another bizarre session in Markets, with Oil exploding to new highs without a broader risk-off move. It seems that positioning for this weekend’s action is amassing around the Energy commodity, which is weighing on the Stock Markets, with most global Indices red on the session. European Equities have led to the downside after
2025 was the year of the Swiss Franc, and there were quite a few reasons. De-dollarization, flows moving towards Europe, the Yen losing some of its Safe-Haven characteristics amid fiscal trouble in Japan, and general diversification towards quality as the World faces troubled times ahead. Reaching 14-year lows less than a month ago, USD/CHF had
