Brazil’s service sector continued to deteriorate in May amid a further fall in new orders and inflationary pressures, survey results published by S&P Global showed on Wednesday. The seasonally adjusted S&P Global Brazil Services Business Activity Index rose to 49.6 in May from 48.9 in the previous month. However, any score below 50 indicates contraction. […]
As Norway’s property market experiences a cooling period, the House Price Index for May 2025 indicates a notable decline. The index has settled at 5.20%, a decrease from April’s 5.90% rate, marking a significant shift in the country’s housing sector. This data, updated on June 4, 2025, points to a potential easing after a period
Trading remains subdued as markets drift into the US session, with little conviction across asset classes. US futures dipped slightly after a dismal ADP employment report showing only 37k job additions in May, sharply below expectations. Still, the reaction was contained, with no clear evidence of a broad risk-off move. US President Donald Trump added
On Wednesday, the Bank of Canada (BoC) held its policy rate steady at 2.75%, aligning with the expectations of market analysts. BoC policy statement key highlights Uncertainty over US tariffs remains high; we will seek more information on US trade policy and its impacts. The BoC also cites unexpected firmness in recent inflation data and
Outstanding market performance reflects strong results May’s best stock in the FTSE 100 index was British Airways operator International Consolidated Airlines Group (IAG) after its first quarter (Q1) results and unchanged full-year outlook eased City fears about the potential impact of tariffs and economic turbulence on North Atlantic demand. The over 25% advance left IAG shares 11.5%
The USD/CAD forecast points south as the loonie strengthens ahead of a likely BoC pause. Market participants are waiting to see developments in trade negotiations. The US is set to release the nonfarm payrolls report on Friday. The USD/CAD forecast points south as the loonie strengthens ahead of a likely BoC pause. At the same
2025.06.04 2025.06.04 Loonie’s Recent Gains Likely Short-Lived. Forecast as of 04.06.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Canada is considered one of the main victims of global trade wars. However, the fall of the USDCAD pair suggests the opposite. What are the factors contributing to the Canadian dollar’s strength? Let’s discuss this topic and make a trading plan. The
Trump-Xi call gives markets hope There was yet another positive session in US markets yesterday, on hopes that a call between Presidents Trump and Xi would help to move the US-China trade war towards a conclusion. Stocks continue to make gains despite the tariff uncertainty. Today marks the point at which US trading partners are
Zain Vawda Market Analyst Zain is an experienced financial markets analyst and educator with a rich tapestry of experience in the world of retail forex, economics, and market analysis. Initially starting out in a sales and business development role, his passion for economics and technical analysis propelled him towards a career as an analyst. He
2025.06.04 2025.06.04 Short-Term Analysis for Oil, Gold, and EURUSD for 04.06.2025 Alex Rodiоnovhttps://www.litefinance.org/blog/authors/alex-rodionov/ I welcome my fellow traders! I have made a price forecast for USCrude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. Gold continues to trade in
Global markets remain subdued as investors struggle to find a firm direction. US stocks closed higher overnight, with NASDAQ extending to fresh multi-week highs, suggesting some resilience in tech-led risk appetite. Asian equities followed suit to some extent, but the overall momentum has been tepid. In the currency markets, Dollar is attempting to recover from
“I like President XI of China, always have, and always will, but he is VERY TOUGH, AND EXTREMELY HARD TO MAKE A DEAL WITH!!!” There’s no follow up on that and it isn’t clear if he actually spoke to Xi already or not. Earlier suggestions were that they were working towards a potential phone call
The Australian Dollar offered its daily gains as the Greenback edged higher. Australia’s Gross Domestic Product expanded 0.2% QoQ in Q1, against the previous 0.6% growth. The US Dollar faced challenges as tariff uncertainty may hurt growth in the US economy. The Australian Dollar (AUD) loses ground against the US Dollar (USD) on Wednesday after
Trump plans to invoke emergency powers under the Defense Production Act to fast-track domestic production of critical minerals, bypassing some legal and funding requirements. The move aims to counter China’s dominance in the critical minerals supply chain, especially after Beijing recently restricted exports in response to U.S. trade tensions. Trump’s waivers would remove limits such
Australia’s gross domestic product expanded a seasonally adjusted 0.2 percent on quarter in the first quarter of 2025, the Australian Bureau of Statistics said on Wednesday. That missed expectations for an increase of 0.4 percent and was down from 0.6 percent in the three months prior. On an annualized basis, GDP was up 1.3 percent
NZD/USD gains ground to near 0.6000 in Wednesday’s early Asian session. US JOLTS Job Openings rose to 7.39 million in April, above the consensus. US President Trump and Chinese President Xi Jinping were likely to have a call soon. The NZD/USD pair holds positive ground around 0.6000 during the early Asian session on Wednesday. The
