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
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
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The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate system that allows the value of the yuan to fluctuate within a certain range, called a “band,” around a central reference rate,
The value of retail sales in Japan was up a seasonally adjusted 0.3 percent on month in July, the Ministry of Economy, Trade and Industry said on Friday – coming in at 13.335 trillion yen. That misses forecasts for an increase of 1.5 percent following the downwardly revised 1.9 percent gain in June (originally 2.0
The unemployment rate in Japan came in at a seasonally adjusted 2.3 percent in July, the Ministry of Internal Affairs and Communications said on Friday. That was below expectations for 2.5 percent, which would have been unchanged from the June reading. The jobs-to-applicant ratio was 1.22 – unchanged from the previous month by missing forecasts
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The US dollar weakened further against the major currencies today, extending the declines that began during yesterday’s US trading session. The most notable gains came from the New Zealand dollar, up 0.41%, and the Australian dollar, up 0.40% versus the greenback. Elsewhere, the dollar was little changed against the British pound and slipped only modestly—around
