The report says that the ECB will brush aside calls for self-criticism and stand by its aggressive stimulus policy during the past decade in its strategy review. The review began in March and is believed to try and address issues such as whether QE, negative rates, and forward guidance have been appropriate tools in policymaking. […]
Artificial intelligence has increasingly become an all-encompassing term in financial circles. But in foreign exchange trading, what does it actually mean? Banks have been vocal about how they have used AI for years when developing their execution algorithms, making documentation easier, and in their client chatbots. But from a trading perspective, arguably the more impactful
European markets reach new highs as US-China tariff cuts boost DAX and FTSE European equity markets kicked off the new week with strong gains, as the Germany 40 (DAX 40) reached a fresh record high and the FTSE 100 hit an almost six-week high. Their gains followed the announcement that the United States (US) and China
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Tencent’s strategic focus on artificial intelligence Tencent has been aggressively ramping up its investments in AI, positioning itself as a frontrunner in China’s AI race. The company is developing its own large language models to compete with domestic and international rivals. The integration of AI technology into Tencent’s core platforms, such as Weixin chat and
UK consumers delivered a strong rebound in spending last month, with April retail sales jumping sharply thanks to Easter timing and unusually sunny weather. The British Retail Consortium reported a 7.0% year-on-year rise in total retail sales, up from 1.1% in March — the strongest annual gain for any month since the pandemic. Like-for-like sales
Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee took a cautionary stance on the ever-evolving trade stance of the Trump administration on Monday. According to Goolsbee’s interview with The New York Times, constantly-changing tariffs and trade strategies from the White House have thrown a very large wrench in plans for hiring and investment for
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
The NASDAQ Composite Index has broken back above the 200-day moving average (green line on the chart at 18,320.79) and 100-day moving average (blue line at 18,476.49) —a technical development that marks a shift in the medium-term trend. These MA levels were broken for the last time (to the downside) on March 6 and had
EUR/USD slides below 1.1100 as the US Dollar rallies after the US and China agreed to lower tariffs by 115% for 90 days. The US-China temporary trade truce is expected to tame elevated consumer inflation expectations. ECB Schnabel sees no need to lower interest rates further. EUR/USD is down over 1% near 1.1100 during North
(Video transcript) This week’s trading opportunity Hello and welcome to “Trade of the week” on Monday 12th May, 2025. And let’s have a look at today’s trade, and it’s a difficult one to pick because, basically, markets are a bit wild now that China and the US seem to be talking about a possible trade
Global risk markets surged after the surprising breakthrough in US-China trade negotiations delivered results far beyond market expectations. Just days ago, hopes were low, with even the mere continuation of talks seen as a positive development. Investors had braced for a possible breakdown or at best, a symbolic gesture of engagement. Instead, both countries announced
The Japanese yen has started the week with sharp losses. USD/JPY is trading at 148.18, up 1.9% on the day. Earlier, the yen strengthened to 148.59, its strongest level since April 3. US and China agree to temporary cut in tariffs The US and China have reached an agreement to slash tariffs on each other’s
Following closely watched meetings over the weekend in Geneva, Switzerland, the U.S. and China have announced an agreement to drastically reduce tariffs on each other’s goods. The White House said the agreement calls for the U.S. and China to each lower tariffs by 115 percent while retaining an additional 10 percent tariff. The U.S. will
2025.05.12 2025.05.12 Yen Under Pressure Amid Trade Optimism. Forecast as of 12.05.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The S&P 500 has risen 14% from its April low, forcing USDJPY bears to flee the market. Reduced demand for safe-haven assets is not the only negative factor for the Japanese yen. The Bank of Japan remains dormant. Let’s discuss these
