Federal Reserve (Fed) Chair Jerome Powell added further comments during his testimony before the congressional budget committee on Tuesday, building out his case for holding off on rate cuts, likely until sometime in the fourth quarter. Key highlights When the time is right, expect rate cuts to continue.Data suggests at least some of tariff will
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One of the last bastions of cash-only payments in the financial markets is showing signs of wavering. Global banks accepted $325 billion of non-cash variation margin (VM) at the end of 2024, according to the International Swaps and Derivatives Association’s latest margin survey – accounting for a record 31.6% of the roughly $1 trillion in total
Stock heatmap by FinViz.com Tue, 24 Jun 2025 14:46:06 GMT Sector Overview: Tech and Semiconductors Shine The technology sector is having a bright day, with strong performances across both software infrastructure and semiconductors. Notably, semiconductor stocks, including Nvidia (NVDA) and Advanced Micro Devices (AMD), are experiencing impressive gains of 1.98% and 5.09%, respectively. This uptick
Ceasefire announcement triggers sharp oil price decline Oil prices experienced a sharp decline following the announcement of a ceasefire between Israel and Iran, alleviating concerns over potential disruptions in the Middle East’s oil supply. Brent crude fell by over 3% to $68.55 per barrel, while West Texas Intermediate (WTI) dropped by a similar percentage to
Selling flows in the US Dollar have came back promptly after the Iranian repost on the US Base of Al-Udeid in Qatar – What was previously thought to have the potential to be a new phase of a prolonged conflict materialized into a cease-fire. A build-up of angst through last week trading sent markets gapping
Inflation in Canada, as measured by the change in the Consumer Price Index (CPI), remained unchanged at 1.7% on a yearly basis in May, Statistics Canada reported on Tuesday. This reading aligned with market expectations. On a monthly basis, the CPI rose 0.6% following the 0.1% decline reported in April. This print surpassed the market
The AUD/USD outlook is bullish as the pair quickly recovered after a ceasefire. The US dollar and crude oil lost all the gains accumulated after Middle East escalation. Market participants expect Fed’s easing to begin as soon as July. The AUD/USD price rebounded sharply, staging recovery from the losses posted on Monday due to escalated
XRP is seen heading back up again amid Middle East ceasefire and risk on sentiment. Source link
2025.06.24 2025.06.24 Silver Shines As Key Safe Haven. Forecast as of 24.06.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ At the beginning of the year, silver was regarded as an underdog, but it has proven resilient and has outperformed expectations. The precious metal has emerged as a competitive alternative to gold, particularly in light of rising geopolitical tensions. Let’s discuss
2025.06.24 2025.06.24 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 24.06.2025 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. Expect the price to rise in the fifth section of an impulse
The Islamic Republic of Iran Broadcasting (IRIB) is denying the breach of ceasefire as Israel threats a retaliation. Earlier, the Israeli military said that it identified missiles launched from Iran towards Israel. The first assements said that two missiles were launched and got quickly intercepted. Israel then said that they will retaliate with force and
The Dutch economy expanded more than initially estimated in the first quarter of 2025, the latest data from the Central Bureau of Statistics showed on Tuesday. Gross domestic product rose 0.4 percent sequentially in the first quarter, following an upwardly revised 0.5 percent increase in the fourth quarter of 2024. In the flash estimate, the rate of
Global markets experienced another volatile session on Monday, 23 June, swinging sharply from early risk-off sentiment to a late-session risk-on rally as fresh developments unfolded around the Israel-Iran conflict. /* Requesting advertisement by calling an endpoint assures that the advertisement is never cached together with the page. FD19g – is a forced measure to prevent
The greenback is down across the board already today but it could stand to be hurt more as the market focus shifts back to “normal”. USD/JPY is down 0.5% to 145.40 while EUR/USD is up 0.3% in testing waters above 1.1600 on the day. On the latter, the previous daily closes this month failed to
US stock market rises as oil prices drop amid geopolitical tensions United States (US) stocks closed higher overnight, while crude oil prices fell 9.20% to $67.20 following Iran’s pre-signalled retaliatory missile strike on a US air base in Qatar. The rally in US equity futures and the sell-off in oil futures continued this morning after
The turmoil from US president Donald Trump’s ‘liberation day’ tariff announcements rattled global foreign exchange, interest rate and equities markets, where it triggered significant volatility and negatively impacted liquidity conditions. Understanding how execution strategies behave under such conditions is critical for market participants to navigate future turbulent periods. In BestX’s latest study, “Empirical statistics of
