Kenneth Fisher Market Analyst A highly experienced financial market analyst with a focus on fundamental analysis, Kenneth Fisher’s daily commentary covers a broad range of markets including forex, equities and commodities. His work has been published in several major online financial publications including Investing.com, Seeking Alpha and FXStreet. Based in Israel, Kenny has been a […]
S&P 500 comes off record high The S&P 500 has come off its most recent all-time high at 6,290 amid the US administration’s tariffs on Canada and plans for blanket tariffs on most other trading partners. While last and this week’s highs at 6,284-to-6,290 cap, a retracement towards the late June high at 6,215, the April-to-July
US futures fall 0.4% on Trump’s tariff escalation against Canada and EU, while Bitcoin hits records. Key events next week include earnings and CPI. Source link
The USD/CAD outlook suggests economic uncertainty in Canada. Trump announced a 35% tariff on imports from Canada, which weighed on the loonie. Market participants are awaiting Canada’s monthly employment report. The USD/CAD outlook suggests economic uncertainty in Canada following Trump’s announcement of a 35% tariff on goods from the country. As a result, the Canadian
Eurostoxx -0.5% Germany DAX -0.6% France CAC 40 -0.5% UK FTSE flat Spain IBEX -0.4% Italy FTSE MIB -0.6% At the start of the week, things were hopeful as the EU and US aimed for a makeshift deal as negotiations look set to extend further. But come today, suddenly the situation is in limbo as
2025.07.11 2025.07.11 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 11.07.2025 Roman Oneginhttps://www.litefinance.org/blog/authors/roman-onegin/ Dear readers, I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis. The article covers the following subjects: Major Takeaways BTCUSD: The price is rising in the fifth part of a bullish impulse to a high of
The dollar continues to find steadier footing on the week, with Trump’s latest tariff threats looking like he might just come down hard against many countries when we get to 1 August. In the bigger picture, the latest dollar gains isn’t too significant after having been battered down amid the policy incoherence and loss of
EUR/JPY gathers strength to around 171.65 in Friday’s early European session. The cross maintains a constructive view above the 100-day EMA, but the overbought RSI condition might cap its upside. The immediate resistance level is seen at 172.00; the initial support level is located at 170.00. The EUR/JPY cross gains ground to near 171.65 during the
Canadian Prime Minister Carney says that Canada has consistently protected its workers and businesses during ongoing trade talks with the US, and will maintain this approach as negotiations continue toward the August 1st deadline. He emphasizes Canada’s commitment to collaborating with the US on issues that benefit both nations’ safety and communities, while also indicating
European Central Bank Board member Piero Cipollone is speaking at 0730 US Eastern time/ 1130 GMT: on a panel at the Ukraine Recovery Conference topic ‘ Integration of the Ukrainian Financial Sector into the European Internal Market’ Seems very unlikely to include his thought on the economy or monetary policy. Which is not really what
The manufacturing sector in New Zealand continued to contract in June, albeit at a slower rate, the latest survey from BusinessNZ revealed on Friday with a Performance of Manufacturing Index score of 48.8. That’s up from the downwardly revised 47.4 in May (originally 47.5) and it remains beneath the boom-or-bust line of 50 that separates
The news: Trump letter 35% tariff on Canada. Trump has hit Canada very nard with a 35% tariff rate. Trump says will send tariff letters informing EU, Canada of the rates by Friday Trump’s letter to Canada – The Canada dollar has fallen sharply with Trump’s 35% tariff rate on the country The US dollar
The European Commission is preparing to propose a floating price cap on Russian oil as part of its 18th sanctions package, aiming to adjust the cap in line with global oil price changes. The new mechanism is being drafted after earlier proposals to lower the G7-imposed $60 per barrel cap to $45 met resistance from
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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
Tariffs increase prices one time, central banks can look through that. Tariff effects not zero, but are not large either. Has been arguing a pretty restrictive policy rate can come down. Unemployment is around long run level. Reiterate case for why July rate cut could happen, says an easing would not be political. THANKS that
Most Read: S&P 500, Dow Jones Q3 Outlook: Tariffs, Tech, and Small Cap Concerns USD/CAD has been on a grind off late having finally broken out of a brief period of consolidation thanks in part to a moderate US Dollar recovery and stalling Oil prices. USD/CAD has however, failed to find acceptance above the 1.3700
