Asia Market Wrap – Asian Stocks Advance Most Read: EUR/JPY Forecast: Support at 175.00 Holds the Key to Immediate Bullish Continuation Stock markets were mostly up across Asia on Thursday, driven by a strong rebound in the chip sector and a good start to the US earnings season. Japan’s Nikkei index climbed 1.2%, heavily boosted
US Treasury secretary Bessent yesterday said that a meeting between Trump and Xi in South Korea remains “on track”. And so, we’re seeing the US camp confirm Trump’s attendance here. The timing is interesting though as China has yet to officially confirm Xi Jinping’s visit but media sources and the Korean camp is saying that
The UK economy grew in August, with the Gross Domestic Product (GDP) arriving at 0.1% following a contraction of 0.1% in July (revised from 0%), the latest data published by the Office for National Statistics (ONS) showed on Thursday. The market consensus was for a 0.1% growth in the reported period. Meanwhile, the Index of services (August) came
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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
There are six Fed officials speaking on Thursday, October 16, 2025, including Waller BofA sees China deflation easing slowly, CPI likely to stay negative in Q4 ICYMI: US to expand stakes in key firms to counter China’s industrial policy, Bessent says European Central Bank President Lagarde and side kick Lane both speak on Thursday BoA
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The jobless rate is Australia came in at a seasonally adjusted 4.5 percent in September, the Australian Bureau of Statistics said on Thursday. That was above forecasts for 4.3 percent and up from 4.2 percent in August. The Australian economy added 14,900 jobs last month, missing expectations for an increase of 20,500 following the loss
Japan Machinery Orders (MoM) came in at -0.9% below forecasts (0.5%) in August Source link
Goldman Sachs says current levels of artificial intelligence investment remain manageable and well below past major technology cycles, even as expectations for long-term productivity gains continue to build. In a note to clients, the bank said AI-related capital expenditure accounts for less than 1% of U.S. GDP — far smaller than the 2–5% seen during
Australia is set to publish the September monthly employment report on Thursday at 0:30 GMT, with market participants anticipating another tepid outcome, which has become the norm over the last few months. The Australian Bureau of Statistics (ABS) is expected to announce that the country added 17,000 new jobs in the month, while the Unemployment
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
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South Africa’s retail sales growth moderated in August after accelerating in the previous month, data from Statistics South Africa showed on Wednesday. On an unadjusted basis, retail sales rose 2.3 percent year-on-year in August, slower than the 5.7 percent increase in the prior month. The annual sales growth in textiles, clothing, footwear, and leather goods
Silver (XAG/USD) extends its record-breaking advance on Wednesday, trading near $52.60 and up over 2.50% on the day after erasing the previous day’s losses. On Tuesday, Silver posted a fresh all-time high near $53.77 before a sharp pullback triggered brief profit-taking, snapping a four-day winning streak. The white metal continues to benefit from persistent physical
2025.10.15 2025.10.15 Platinum Price Predictions: 2025, 2026, 2027–2030 and Beyond Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Platinum is a rare precious metal that is widely used not only in jewellery but also in the industrial sector. Around 44% of global demand comes from car manufacturers, who use platinum in the production of catalytic converters. Since platinum is a commodity,
