Markets appear to be turning the page on the Israel-Iran conflict, which had briefly supported North American currencies. The US Dollar found a bid as crowded short positions were unwound, driven by rebalancing flows and position closures. The Canadian Dollar also benefited, buoyed by a surge in Oil prices that temporarily reinforced the outlook for […]
“Federal financial policy, debt, doesn’t affect our month-to-month policy decisions,” Federal Reserve (Fed) Chairman Jerome Powell said while testifying about the Semi-Annual Monetary Policy Report before the Senate Banking Committee on Wednesday. Key takeaways “Ample reserves enable banks to keep lending through stress.” “Return to scarce reserves would not save money.” “Unwinding ample reserves would
US economy is solid overall Supported Fed’s decision to hold last week Expects it to be appropriate to cut later this year but much depends on tariffs Expects to see more tariff impacts in the coming months This is in lock-step with the Chair. This article was written by Adam Button at www.forexlive.com. Source link
Nike faces challenging quarter amid strategic transition Nike is set to report its fiscal fourth-quarter (Q4) 2025 earnings on 26 June 2025, after market close. The company faces a complex landscape marked by shifting consumer preferences, intensified competition, and macroeconomic pressures. The timing of these results comes at a critical juncture for Nike as it
2025.06.25 2025.06.25 IBM Stock Forecast & Price Prediction for 2025, 2026, 2027–2030 and Beyond Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ International Business Machines Corporation, or IBM, is a US-based tech behemoth with a focus on automation, hybrid cloud, and artificial intelligence (AI) solutions. The company is heavily engaged in the development of quantum computing and enterprise IT solutions, which
The key core CPI indicator, annual trimmed mean inflation, also dropped sharply, to 2.4% from 2.8%, its lowest level since Nov. 2021. The soft inflation report has boosted the case for the Reserve Bank of Australia to lower rates at the July meeting. The markets have priced in a 90% probability of a quarter-point cut,
Asian markets and US stocks rally on reduced conflict fears Asian equity markets opened higher as investors welcomed signs of reduced Middle Eastern tensions. The MSCI Asia Pacific Index posted modest gains, with Japanese and South Korean markets leading the advance across the region. Chinese markets also participated in the rally, despite ongoing concerns about
2025.06.25 2025.06.25 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 25.06.2025 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. The price is expected to rise in the fifth part of a
Australia’s consumer price inflation softened more than expected in May, giving space for the central bank to lower its interest rate. The monthly Consumer Price Index indicator rose 2.1 percent year-on-year, following the 2.4 percent increase in April, the Australian Bureau of Statistics reported Wednesday. A similar lower rate was last seen in October 2024.
Geopolitical risk premium continued to unwind across global financial markets on Tuesday, as risk-on sentiment gained traction following signs that Israel and Iran are now respecting a ceasefire deal brokered late Monday by US President Trump, despite earlier breaches from both sides. The de-escalation of the 12-day Israel-Iran conflict also drove a sharp bearish reversal
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
The Australian Dollar extends gains due to the Israel-Iran ceasefire. Australia’s Monthly Consumer Price Index increased by 2.1% YoY in May, against the expected 2.3% rise and the 2.4% prior. Fed Chair Powell advocated for delaying rate cuts, likely until sometime in the fourth quarter. The Australian Dollar (AUD) extends its gains for the third
After the hustle and bustle to start the week, things are much calmer and quieter in the new day. Major currencies are lacking appetite with the dollar having slumped heavily in trading yesterday. As geopolitical tensions fade, risk trades got a boost yesterday with the S&P 500 now sitting within 0.9% of another record high.
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
The CNN report that pre-empted the other reports on “Exclusive: Early US intel assessment suggests strikes on Iran did not destroy nuclear sites, sources say” (I did a summary of this and other reports here earlier ICYMI: Classified report: Iran’s nuclear capabilities largely intact despite airstrikes) includes this instructive paragraph towards the end: The Israeli
2025.06.23 2025.06.25 Weekly Economic Calendar for 30.06.2025–06.07.2025 Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Following the June Fed meeting, market participants are now looking for fresh data to assess the outlook for US monetary policy. This week’s PMI figures from ISM and labor market reports are expected to provide that insight. Additionally, in the upcoming week of 30.06.2025–06.07.2025, market participants
Producer prices in Japan were up 3.3 percent on year in May, the Bank of Japan said on Tuesday. That beat forecasts for an increase of 3.1 percent and was down from 3.4 percent in April. On a monthly basis, producer prices dipped 0.1 percent after rising 0.7 percent in the previous month. Excluding international
