UPCOMING EVENTS: Monday: NY Fed Inflation Expectations. Tuesday: US NFIB Small Business Optimism Index, US PPI. Wednesday: UK CPI, US CPI. Thursday: Japan PPI, Australia Employment report, UK GDP, US Retail Sales, US Jobless Claims, US Import Prices, US NAHB Housing Market Index, New Zealand Manufacturing PMI. Friday: China activity data, UK Retail Sales, US […]
The price of any financial markets news assets – stocks, currencies, oil, metals and others – depends on the market events. All changes in prices are reaction to the news. Analysis of market events is the most important tool for forecasting price movements. Without analyzing the global economic, political, or financial news, it is impossible
The US markets last week were shaped by two dominant themes: uncertainty surrounding trade policies of the incoming US administration and the impact of robust US economic data. Initial market confusion, driven by ambiguous signals regarding tariffs, created significant volatility. However, this indecisiveness gave way to clarity as strong US data reaffirmed the resilience of
The most-interesting Federal Reserve decision of Trump’s Presidency is likely to be June 17, 2026. That is a meeting that contains economic projections and will also be the first meeting chaired by Trump’s FOMC Chairman. He has frequently lamented his choice of Powell, in part because the Fed Chair took a hard line against political
Gold rebounds 0.69% despite significant US job additions, challenging Fed’s rate cut path. Gold recovers from post-labor report drop as investors weigh Fed’s cautious disinflation stance. Upcoming US inflation and retail sales data set to influence gold’s trajectory, Fed policy. Gold price rebounded off daily lows on Friday, extending its rally for the fourth consecutive
Investing.com — The surged to multi-year highs on Friday, hitting a level that an expert said would mark the pricing in of the ‘Trump Trade,’ leaving little room for further upside and creating an opportunity to turn bearish on the greenback. The jumped 0.5% to to 109.67, and had earlier hit 109.91 — its highest level since November 2022. “Start selling
Strong US Jobs Report Impacts Fed Expectations with some analysts now predicting no cuts at all. The S&P 500 experienced a sell-off, breaking below key support levels and raising concerns about further potential downside. US inflation and retail sales data will be crucial in shaping market expectations for future monetary policy. In addition to US
2025.01.10 2025.01.10 XAU/USD: Elliott Wave Analysis and Forecast for 10.01.25 – 17.01.25 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: After the correction ends, consider short positions below the level of 2728.40 with a target of 2500.00 – 2418.82. A sell signal: the price holds below 2728.40. Stop Loss: above 2735.00,
The greenback is heading for a sixth week of gains. Market participants fear a 25% tariff on Canadian goods. Traders are cautious ahead of employment figures from Canada and the US. The USD/CAD price analysis indicates increased tariff uncertainty, which has given the dollar an edge over its peers, such as the Canadian dollar. At
The yen is slightly higher on Friday. In the European session, USD/JPY is trading at 157.89, down 0.12% on the day. Japan’s household spending continues to decline Japanese consumers are holding tight on the purse strings and that could spell tr0uble for Japan’s fragile economy. Annually, household spending declined by 0.4% in November, following a
The British pound has continued to move lower this week, diverging from the trajectory of UK yields. Deutsche Bank (ETR:) recommends selling the pound based on a broad, trade-weighted basis. The bank noted that the pound has been the worst-performing currency since the beginning of the year, marking a sharp decline similar to the one
The Canadian dollar started the week with strong gains but has shown little movement since then. In the European session, USD/CAD is trading at 1.4411, up 0.12% at the time of writing. We could see stronger movement from the Canadian dollar in the North American session, with the release of Canadian and US employment reports.
Investing.com– Most Asian currencies weakened on Friday, while the dollar sat near its strongest level in over two years as traders braced for a potentially strong nonfarm payrolls reading due later in the day. Regional sentiment was also undermined by weak inflation data from China, while traders speculated over a potential interest rate hike by
USD/CHF has been in a strong uptrend since September 2024, largely mirroring the US Dollar Index (DXY). A potential double top pattern is forming around the 0.9137 resistance level. Key support levels to watch are 0.9087, 0.9040, and the psychological 0.9000 handle. A break above the 0.9137 resistance could lead to further gains. Most Read:
The yen is trading quietly on Thursday. In the North American session, USD/JPY is trading at 157.98, down 0.21% on the day. Japan’s base salaries rise but real wages decline Japan’s wage growth for November was a mixed bag, with both good and bad news. On the positive side, base salaries rose 2.7% y/y, the
Investing.com — The yield on United Kingdom (TADAWUL:) government debt, also known as gilts, reached its highest levels since 1998 on Thursday, while the British pound weakened against the dollar. This comes as investors express concerns about the escalating levels of government borrowing and a generally underperforming economy. The yield on the 30-year gilt hit
