Markets have officially turned the page on the Israel-Iran conflict, which ended in a ceasefire last Monday. Since then, equity bulls have pushed major indices to fresh all-time highs, with the Nasdaq and S&P 500 both reaching new peaks over the past week. The Canadian TSX is also benefiting from the improved sentiment, touching a
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The upcoming Non-Farm Payrolls (NFP) report is set to be released tomorrow, with a consensus expectation of 110K, compared to the previous release of 139K. While this data is typically released on the first Friday of every month, this month’s report comes on Thursday, July 3rd, due to Independence Day (July 4th), when US markets
When Israel launched a missile strike on Iran’s nuclear programme on June 13, some traders were left puzzled by why the conflict hadn’t substantially moved markets. After US president Donald Trump’s first administration killed Iranian military leader Qasem Soleimani on January 3, 2020, 10-year US Treasury yields dropped 9 basis points as investors rushed to
Gold price stalls ahead of Thursday’s Nonfarm Payrolls (NFP) report for clues on the health of the US labour market. Fiscal concerns continue to rise as Trump’s tax bill moves to the next stage. If passed, the budget deficit is expected to rise, which could boost demand for Gold. XAU/USD lingers below $3,350 as momentum
The birth of a telecoms giant The UK’s telecommunications sector entered a new chapter in mid-2025, as Vodafone UK and Three UK officially merged, forming VodafoneThree – now the country’s largest mobile operator by subscriber base. This £16.5 billion mega-merger has created a telecoms titan with over 29 million customers, promising large-scale investments and a transformed
Cable 10 mins Fiscal worries are hitting the pound hard once again. Cable is down more than a full cent in the past hour. The catalyst is a selloff in the UK bond market. UK 30-year gilt yields are up 21 bps on the day to 5.44%. 30 year gilt yields There are rumors about
Hong Kong’s retail sales value increased for the first time in more than a year in May, preliminary data from the Census and Statistics Department showed on Wednesday. The value of retail sales rose 2.4 percent year-on-year in May, reversing a 2.3 percent drop in March. Moreover, this was the first growth since March 2024.
The USD/CAD price analysis shows stronger bullish sentiment as the dollar recovers. The JOLTS report revealed that job openings in the US rose to 7.77 million. Economists expect slower US job growth in June and for the unemployment rate to jump from 4.2% to 4.3%. The USD/CAD price analysis shows stronger bullish sentiment as the
2025.07.02 2025.07.02 Gold Soars As Investors Flock to Safety. Forecast as of 02.07.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ While Donald Trump and Elon Musk are engaged in a dispute over the “Big, Beautiful Bill,” gold market participants are evaluating the potential risks. Will fiscal stimulus boost or hurt XAUUSD quotes? Let’s discuss this topic and make a trading
The EUR/USD forecast indicates a rebound in the dollar after upbeat employment figures. Job vacancies in the US exceeded the estimated number. Powell did not rule out the possibility of a rate cut at the next meeting. The EUR/USD forecast indicates a rebound in the dollar after upbeat employment figures in the previous session. However,
Tech momentum unwinds after weeks of gains The Nasdaq 100’s 0.82% decline to 20,202.89 marked a retreat from recent highs, as investors took profits following an extended period of outperformance. The NYFANG index’s 1.8% drop highlighted just how concentrated the selling pressure had become amongst the market’s largest technology names. Tesla’s 5.4% plunge exemplified the volatility
Gold price struggles to attract any meaningful buyers amid a combination of diverging forces. A modest USD bounce from a multi-year low and a positive risk tone caps the XAU/USD pair. Fed rate cut bets keep a lid on the USD and support the XAU/USD pair amid trade uncertainties. Gold price (XAU/USD) seesaws between tepid
2025.07.02 2025.07.02 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 02.07.2025 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 price is rising in the fifth section of a bullish impulse to a high of
The recent minor corrective decline of -3.4% seen on the Japan 225 CFD Index (a proxy of the Nikkei 225 futures) from its 30 June 2025 intraday high of 40,852 to 2 July 2025 intraday low of 39,527 has stalled at an intermediate key support inflection area. Firstly, the lower boundary of a minor ascending
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
Australia’s retail sales increased at a slower-than-expected pace in May due to the drop in food-related spending, data from the Australian Bureau of Statistics showed on Wednesday. Retail turnover grew 0.2 percent on a monthly basis, after remaining flat in April. However, this was weaker than economists’ forecast of 0.3 percent. On a yearly basis,
