Since our last publication, the Hang Seng Index has declined by 18% and hit 19,700 medium-term support as expected (printed an intraday low of 19,260 on 9 April), reinforced by the uncertainties of the US White House Administration’s ratcheting reciprocal tariffs on Chinese imports. Thereafter, US President Trump has watered down his hard-line approach towards
S&P 500 returns to 6000 Friday’s session was yet another positive one for US markets, following the latest jobs report. The S&P 500’s recovery from the April lows continues, as it touches 6000 for the first time since late February. This leaves it just 2.4% from the record highs seen in mid-February. I’m sure that many
The USD/CAD forecast shows market participants weighing employment figures from Canada and the US. The economy added 139,000 new jobs in May. Canada reported an unexpected increase in employment of 8,800. The USD/CAD forecast shows market participants weighing employment figures from Canada and the US. At the same time, traders are gearing up for crucial
2025.06.09 2025.06.09 Short-Term Analysis for Oil, Gold, and EURUSD for 09.06.2025 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 is trading in correction
Asian equity markets opened the week on a positive note, supported by cautious optimism surrounding the high-stakes US-China trade negotiations in London. US Treasury Secretary Scott Bessent, along with Commerce Secretary Howard Lutnick and Trade Representative Jamieson Greer, are meeting Chinese counterparts as efforts to revive dialogue intensify. The outcome of these talks could set
China’s exports increased in May, while imports declined from the last year due to weak domestic demand, figures from the customs office showed on Monday. Exports grew 4.8 percent on a yearly basis in May. This followed an 8.1 percent increase in April and also came in weaker than economists’ forecast of 5.0 percent. Meanwhile,
The diffusion index climbed slightly in May, owing a better trend among households with an increase in retail-related activity. The trend for businesses declined on the month amid easing conditions in the manufacturing sector. Meanwhile, there were also better prospects on the employment front. The outlook index was seen at 44.8, up from 42.7 in
Silver price gains momentum to near $36.00 in Monday’s early early Monday Investors look to broaden their exposure to safe-haven assets beyond gold, supporting the Silver price. The stronger US May employment report might lift the USD and cap the white metal’s upside. The Silver (XAG/USD) price trades in positive territory around $36.00 during the
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
Japan posted a current account surplus of 2.258 trillion yen in April, the Ministry of Finance said on Monday. That was shy of expectations for a surplus of 2.560 trillion yen and was down from 3.678 trillion yen in March. Exports were up 4.0 percent on year at 8.769 trillion yen and imports slipped an
The Japanese economy showed no growth over the quarter in the first quarter (Q1) of 2025, the final reading released by Japan’s Cabinet Office showed on Monday. This reading came in above the market expectation and the previous estimate of -0.2%. The Japan’s Gross Domestic Product (GDP) fell at an annual rate of 0.2% in Q1, compared to -0.7% in the previous
St Louis Fed President Alberto Musalem spoke to the press on the weekend and was asked about the impact of tariffs on inflation. He said that it was 50/50 on whether it would cause sustained inflation or inflation for a quarter or two. Critically, he also said there would be ongoing uncertainty around tariffs “right
China trade balance Mon: Japanese GDP R (Q1), Chinese Inflation (May), Chinese Trade Balance (May), EZ Sentix Index (Jun), US Employment Trends (May) Tue: EIA STEO, UK Jobs Report (Apr), Swedish GDP (Apr), Norwegian CPI (May) Wed: ECB Wage Tracker, US CPI (May), UK Spending Review Thu: UK GDP (Apr), US PPI (May) Fri: French/Spanish
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
