The Dow Jones eased lower on Friday, testing below 45,500. Equities recoiled after US PCE inflation metrics rose in-line with forecasts. Despite fresh inflation pressure, markets are still banking on a September rate cut. The Dow Jones Industrial Average (DJIA) softened on Friday, easing back below 45,500 as stocks retreated due to another uptick in […]
It’s been a pretty quiet session on the data and news side, but a lively one on the markets front. The US PCE was of course the main highlight of the day and the data came in line with expectations across the board. We had also the Canadian GDP which showed a bigger contraction than
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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From the agency: the GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2025 is 3.5 percent on August 29, up from 2.2 percent on August 26. After recent releases from the US Census Bureau and the US Bureau of Economic Analysis, the nowcasts of third-quarter real personal
Spain’s consumer price inflation remained stable in August and retail sales growth softened, official data showed on Friday. The consumer price index posted an annual increase of 2.7 percent in August, the same rate of rise as seen in July, flash data from the statistical office INE revealed. EU harmonized inflation also held steady at
The USD/CAD price analysis shows a steep rally in the Canadian dollar. Next week’s nonfarm payrolls report will keep shaping the outlook for Fed rate cuts. Data on Friday revealed that Canada’s economy contracted by 0.1%. The USD/CAD price analysis shows a steady Canadian dollar as the greenback heads for a monthly loss due to
Annual inflation in the United States (US), as measured by the change in the Personal Consumption Expenditures (PCE) Price Index, held steady at 2.6% in July, the US Bureau of Economic Analysis reported on Friday. This print came in line with the market expectation. The core PCE Price Index, which excludes volatile food and energy
2025.08.29 2025.08.29 XAU/USD: Elliott Wave Analysis and Forecast for 29.08.25 – 05.09.25 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider long positions from corrections above the level of 3,311.50 with a target of 3,600.00 – 3,800.00. A buy signal: the price holds above 3,311.50. Stop Loss: below 3,265.00, Take Profit:
The Canadian dollar has posted three consecutive winning days against the US dollar. Earlier, the Canadian dollar strengthened to 1.3738, its highest level since August 8. In the European session, EUR/USD is trading at 1.3748, up 0.05% on the day. Canada’s GDP projected to show marginal expansion Canada releases GDP for June later today, with
XRP slips towards support With interest shifting to emerging crypto projects promising stronger utility or explosive Return on Investment (ROI) potential, XRP is losing appeal to alternatives like “XRP 2.0” contenders such as Remittix – appealing for its real-world payments infrastructure – and new meme-layer projects like LayerBrett, which are drawing speculative funds away. XRP bearish case:
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2025.08.29 2025.08.29 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 29.08.2025 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 correction is completed. Expect the price to rise in sub-wave 5 to a high of
Spain Harmonized Index of Consumer Prices (MoM) came in at 0% below forecasts (0.1%) in August Source link
Prior +2.7% HICP +2.7% vs +2.7% y/y expected Prior +2.7% The headline readings are the same as they were in July but core annual inflation is seen creeping a little higher to 2.4%, up from 2.3% in the month before. So, that is something to keep an eye out for at least. Anyway, this just
2025.08.29 2025.08.29 Greenback Weakens on Concern Over Fed Independence. Forecast as of 29.08.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Had the Fed known about the weak employment in May and June, it surely would have cut rates at the July FOMC meeting. Resuming the cycle in September could suggest an admission of error. Will the US central bank do
Finland’s economy experienced a contraction of 0.4% on a quarter-on-quarter basis in the three months leading up to June 2025. This downturn follows an unchanged performance in the previous quarter and diverges from initial estimates of flat growth. Notably, this is the first contraction since the last quarter of 2023, primarily attributed to a decline
