Global markets showed signs of fatigue overnight as trade optimism gave way to a more cautious tone. In the US, the S&P 500 eked out another gain, turning positive for the year, while DOW lagged and closed modestly lower. The divergence reflects a market still digesting the implications of recent trade developments. In Asia, stock […]
However, not to the US though. One of the sources said that the permits were issued to suppliers for customers in Europe and Vietnam. As a reminder, China stepped up their rare earth export controls by restricting a further seven minerals last month here. It is reported that there is at least four permits granted
Silver drifts lower on Wednesday, though the mixed technical setup warrants caution for traders. The recent repeated failures to breakout through a descending channel resistance favor bears. The formation of a bullish flag pattern supports prospects for the emergence of some dip-buying. Silver (XAG/USD) extends the previous day’s retracement slide from the $33.20-$33.25 resistance zone
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The Australian Dollar holds ground as the US Dollar weakened following softer-than-expected US inflation data. Australia’s Wage Price Index rose by 0.9% QoQ in Q1, against the expected 0.8% increase. US President Donald Trump described the relationship with China as excellent. The Australian Dollar (AUD) extends its gains against the US Dollar (USD) on Wednesday
Producer prices in Japan were up 0.2 percent on month in April, the Bank of Japan said on Wednesday – slowing from 0.4 percent in March. On a yearly basis, producer prices were up 4.0 percent – slowing from the upwardly revised 4.3 percent increase in the previous month. Export prices were down 0.3 percent
2025.05.13 2025.05.14 Weekly Economic Calendar for 19.05.2025–25.05.2025 Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Donald Trump and his administration continue to unsettle financial markets with their foreign trade policy decisions. Just as the markets were recovering from the Fed’s monetary policy statements and the recent US-China meeting in Switzerland—where China agreed to cut tariffs from 125% to 10% for 90
South Korea April unemployment rate 2.7% expected 3.0%, prior 2.9% Jobs added in the month +194K vs. +193K in March — The won surged in early May vs. the USD, along with other Asia FX. That has been nearly all reversed. This article was written by Eamonn Sheridan at www.forexlive.com. Source link
US CPI inflation cooled to 2.3% in April, below expectations, raising Fed rate cut speculation. Trump touts tax cuts and investment deals, but details on trade pacts remain vague. DXY slips below 101.60 as tariff truce with China lacks forward clarity. Markets expect first Fed rate cut by September 2025 with easing through 2026. The
Nasdaq technicals The NASDAQ index is trading to new site session highs as Pres. Trump completes his speech in Saudi Arabia. Toward the end of his speech he did say that he will order the cessation of sanctions against Syria. The NASDAQ index is now up 316 points or 1.69% at 19024.53. The high price
Zain Vawda Market Analyst Zain is an experienced financial markets analyst and educator with a rich tapestry of experience in the world of retail forex, economics, and market analysis. Initially starting out in a sales and business development role, his passion for economics and technical analysis propelled him towards a career as an analyst. He
2025.05.13 2025.05.13 Tweezer Top & Bottom Candlesticks Artem Parshinhttps://www.litefinance.org/blog/authors/artem-parshin/ In Forex trading, technical analysis often involves identifying recurring patterns on price charts. Among the numerous tools traders employ, candlestick patterns stand out as some of the most popular. Although there is a wide variety of candlestick formations, only a few of them are considered truly
The Greenback on the backfoot this Tuesday while the US-China trade deal euphoria quickly fades. Traders see April’s US CPI release not really showing inflationary signals after Liberation Day. The US Dollar Index slips back to 101.50 after failing to reclaim the 102.00 level. The US Dollar Index (DXY), which tracks the performance of the US
The Australian dollar has rebounded with strong gains on Tuesday. In the North American session, AUD/USD is trading at 0.6427, up 0.87% on the day. This follows losses of 0.67% a day earlier. Australia consumer sentiment rebounds Australia’s Westpac Consumer Sentiment climbed 2.2% to 92.1 in May, bouncing back from a 6% plunge in April.
Dollar softened slightly in early US trading today, though the move appears more related to a fading post-trade-deal rally than any direct reaction to economic data. While April’s inflation report showed encouraging progress on headline disinflation, the core CPI reading held firm, suggesting underlying price pressures remain sticky. That dynamic should keep Fed cautious, and
