A quick snapshot of central bank rate expectations ahead of the week’s events. We have CA CPI, UK CPI, the RBNZ decision and Jackson Hole so BoC, BoE, RBNZ and FOMC pricing is the most important. Given the recent data we’ve seen across the board, as well as the current global trade context, it will
It’s not the most exciting week in terms of economic data, and today is the slowest one in terms of data. Asia-Pac has the July Business Services Index, but apart from that, it’s a snoozer. Later in the EU/US session, we do have the NAHB Housing Market Index, but when that is your economic highlight
United States (US) President Donald Trump and Russian President Vladimir Putin concluded an initial face-to-face meeting in Alaska late Friday, with both parties delivering mutually inconclusive statements. Trump and Putin both delivered vague promises of “progress” on multiple fronts, but initial details remain light. Now, President Trump will be pivoting to hand-delivering Russia’s peace proposals
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
U.S. retail sales for the month rose 0.5%, matching expectations, following a revised 0.9% increase in June (originally reported at 0.6%). The ex-auto reading also came in as expected, but the prior month was revised higher to 0.8% from 0.6%. The control group, which strips out volatile components and is a key input for GDP
Log in to today’s North American session Market wrap for August 15 Today, US data showed some resilience yet again with the Retail sales coming as expected at 0.5%, with Markets selling the USD in the period that followed. The current session has been a weird one, with almost everything linked to the US going
As the leaders respective planes land on the tarmac in Alaska, and the world awaits the vision of both leaders on US soil, the US has reportedly readied a suite of options to punish Russia if the talks fail. Including sanctions on Rosneft and Lukoil if Putin balks on cease-fire. The hype has been laid
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
The weekly Baker Hughes rig count stays steady: Oil rig count +1 at 412 Gas rig count -1 at 122 Total rig count unchanged at 539 Crude oil is trading down $0.72 or -1.13% at $63.24.. For the trading week, the price is near unchanged at current levels. The price last week closed at $63.33.
The USDCAD has moved higher this week, but it hasn’t been a smooth ride. The low for the week was set on Monday, with the total trading range holding to a relatively narrow 70–75 pips. The high was reached on Thursday, coming in near a swing high from August 1. Today’s pullback tested the rising
This week has been essential for the future course of action for both the Aussie and the US Dollar.After Tuesday’s Royal Bank of Australia meeting, where the unanimous decision to cut rates by 25 bps to 3.60%, the Aussie had strengthened a tid-bit.Australian data following the meeting included Employment which largely came as expected and
2025.08.15 2025.08.15 Indecision Candlestick Patterns: What Is It & How To Trade It? Artem Parshinhttps://www.litefinance.org/blog/authors/artem-parshin/ When trading on the foreign exchange market, traders tend to look for signals and indecision candlesticks on the chart. The latter are the most popular elements of technical analysis. There are various candlestick patterns, but the most reliable Japanese candlesticks
When we think of an Individual Retirement Account (IRA), we often imagine a classic retirement savings plan offered by a Bank or Broker, allowing you to invest in Stocks, Bonds or Mutual Funds. But there’s a lesser-known, far more flexible version: the Self-Directed IRA (SDIRA). This account offers savers the opportunity to invest in a
The bank’s advance built on steady momentum in recent months, with investors encouraged by resilient first-half earnings and improved guidance. Analysts said the rally reflects growing confidence in the lender’s ability to maintain strong net interest margins even as the Bank of England (BoE) is expected to begin cutting rates later this year. The bank
2025.08.15 2025.08.15 XAU/USD: Elliott Wave Analysis and Forecast for 15.08.25 – 22.08.25 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider short positions from corrections below the level of 3,410.00 with a bearish target of 3,120.00 – 2,950.00. A sell signal: the price holds below 3,410.00. Stop Loss: above 3,440.00, Take
The Euro is correcting higher against the Pound amid hopes of a peace deal in Ukraine. The broader trend remains bearish after having depreciated nearly 1.4% in one week. A bearish move below the 0.8600 area would confirm a double top at 0.8740-0.8750. The Euro is posting minor gains against the British Pound on Monday,
China economy still faces many risks and challenges To further improve monetary policy framework, maintain policy continuity and stability To resolutely defend the bottom line of preventing systemic financial risks Will adjust intensity and pace of policy implementation according to the situation Will maintain ample liquidity To push for prices to remain at a reasonable
