First the US, and now China Within the past 24 hours we have seen signs of slowing activity in both the US and China, though yet another tariff pause extension (more TACOs, anyone?) supported sentiment. Yesterday’s US Institute of Supply Management (ISM) Purchasing Managers’ Index (PMI) fell for a third consecutive month, indicating shrinking activity
2025.06.03 2025.06.03 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 03.06.2025 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 price continues to rise in the final part of the bullish impulse. The recommendation is
Eurostoxx +0.2% Germany DAX +0.2% France CAC 40 +0.2% UK FTSE +0.3% Spain IBEX flat Italy FTSE MIB -0.1% It’s a bit of catching up to the late bounce in Wall Street but any optimism there is balanced out by a slight drop as well in US futures today. S&P 500 futures are down 0.35%
Global markets remain mixed, reflecting a cautious investor mood amid heightened trade uncertainty and a lack of clear directional drivers. US stocks closed modestly higher overnight, reversing losses from earlier in the session. Asian equities broadly followed the rebound, seemingly brushing off disappointing Chinese manufacturing data. The overall tone, however, remains indecisive, with no strong
The Japanese Yen attracts some intraday sellers amid a combination of negative factors. Calls for the BoJ to slow tapering beyond 2026 and a positive risk tone undermine the JPY. The divergent BoJ-Fed policy expectations should cap any meaningful upside for USD/JPY. The Japanese Yen (JPY) is looking to extend its retracement slide from a
Deutsche Bank is shifting gears on its proprietary foreign exchange trading platform, offering access to certain workflow elements via third-party platforms – as clients continue to migrate towards these venues. For years, banks have tried to divert FX traffic from the multi-dealer platforms by offering value-added services. But their efforts have not slowed down the
Reserve Bank of Australia assistant Gov Hunter: Higher US tariffs will put a drag on the global economy Assuming weaker global growth environment will moderately dampen prices for tradable goods Higher uncertainty can lead to declines in investment, output and employment Higher global uncertainty has a large negative effect on Australian business investment Australia’s exporters
The manufacturing sector in Malaysia continued to contract in May, albeit at a slower pace, the latest survey from S&P Global revealed on Tuesday with a manufacturing PMI score of 48.8. That’s up from 48.6 in April, although it remains beneath the boom-or-bust line of 50 that separates expansion from contraction. Production levels were subdued
Bank of Japan (BoJ) former board member Makoto Sakurai said on Tuesday that the Japanese central bank will probably halt its quarterly reductions in government bond purchases starting next fiscal year, per Bloomberg. The BoJ has been trimming its bond-buying by ¥400 billion ($2.8 billion) every quarter since last summer, but recent pressure from rising
The Bank of Japan is being urged by market participants to either maintain or ease the pace of its bond purchase tapering beyond fiscal 2026, according to a summary of meetings the Bank held in late May with bond market players. The requests reflect growing concern over recent volatility in super-long Japanese government bond (JGB)
New Zealand’s terms of trade was up 1.9 percent on quarter in the first quarter of 2025, Statistics New Zealand said on Tuesday. That was well shy of forecasts for an increase of 3.6 percent and down from 3.1 percent in the three months prior. Export prices were up 7.1 percent on quarter, beating expectations
Elior Manier Market Analyst Elior brings over seven years of experience in financial markets to our analyst team. Since 2018, he has actively engaged in observing, charting, and trading, driven by his passion for mastering market dynamics. With a profound understanding of the geopolitical and macroeconomic forces that shape market movements, Elior focuses on analysing
USD/CHF drops to 0.8155 amid renewed ‘Sell America’ sentiment across global markets. RSI confirms bearish momentum; next targets are YTD low at 0.8083 and psychological support at 0.8000. Recovery needs a break above 0.8200, with resistance at 0.8300 and last week’s high at 0.8346. USD/CHF extended its losses during Monday’s North American session, down 0.60%
The latest GDP growth for Q2 rises to 4.6% from 3.8%. In your own words: The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2025 is 4.6 percent on June 2, up from 3.8 percent on May 30. After this morning’s releases from the US Census Bureau
The President of the Federal Reserve (Fed) Bank of Dallas, Lorie Logan, struck a cautiously balanced tone in earlier remarks, acknowledging both persistent inflation pressures and rising market uncertainty. Key Quotes Despite uncertainty and financial market volatility, the US economy is resilient. The labour market remains stable. Inflation is still somewhat above target. Risks are
2025.06.02 2025.06.02 Best Continuation Candlestick Patterns: Bullish and Bearish Examples Alan Tsagaraevhttps://www.litefinance.org/blog/authors/alan-tsagaraev/ In the world of trading, where even a minor change in an asset’s value represents an opportunity to generate substantial profits, candlestick patterns play a pivotal role. Candlestick continuation patterns indicate that the existing trend is likely to continue. By mastering these candlestick
