Semafor reports: President Donald Trump notified Hill leaders on Friday, the 60th day of the Iran war, that US hostilities with Tehran are over — for now — and thus don’t need congressional authorization. There is some confusion about what the War Powers Act as it says the president needs to seek authorization from Congress […]
Global markets will continue to track developments around a potential new round of US–Iran talks, with equities, bonds, currencies, and energy-intensive commodities still moving largely in step with oil prices. On the data front, the US labor market remains in focus: the nonfarm payrolls report will headline the calendar, alongside the JOLTS job openings figures
Well this is worrisome: Not satisfied with Iran’s latest proposal Not sure we’re going to get a deal We’re negotiating by phone I just had a conversation with Iran We now have talks going on, they’re not getting there options: either blast them away or make a deal, when this war ends oil, gas and
2026.05.01 2026.05.01 XAU/USD: Elliott Wave Analysis and Forecast for 01.05.26–08.05.26 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider long positions from corrections above 4,493.40 with a target of 5,610.00–6,000.00. A buy signal: the price holds above 4,493.40. Stop Loss: below 4,420.00, Take Profit: 5,610.00–6,000.00. Alternative scenario: Breakout and consolidation below
Manufacturing activity in the U.S. expanded for the fourth consecutive month in April, according to a report released by the Institute for Supply Management on Friday. The ISM said its manufacturing PMI came in at 52.7 in April, unchanged from March. While a reading above 50 still indicates growth, economists had expected the index to
Ethereum has slowly broken out of its October downtrend that had led to its progressive, but brutal 64% correction. Global disinterest for high-beta, AI and Tech assets had shun interest for Cryptocurrencies but with the Conflict turning the script on Energy prices, hence normal consumption, traders slowly turned away from traditional assets. The idea is
Dollar remains firmly on the defensive as markets head into the US session, with selling pressure picking up once again. Despite a busy geopolitical backdrop, the greenback is being weighed down by a strong risk-on environment that continues to dominate market thinking. April delivered a powerful signal for equities. US stock markets closed the month
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2026.05.01 2026.05.01 USD/CHF: Elliott Wave Analysis and Forecast for 01.05.26–08.05.26 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider long positions from corrections above 0.7765 with a target of 0.8220–0.8400. A buy signal: the price holds above 0.7765. Stop Loss: below 0.7725, Take Profit: 0.8220–0.8400. Alternative scenario: Breakout and consolidation below
Oil prices fell yesterday while stocks rallied in what may be attributed in part to month-end flows. But as we get into the new day, we’re still seeing equities hold steadier so far on the day. It may a more muted session with European markets closed, but US futures are holding the gains from yesterday
Oil price surge drives earnings tailwind The dominant theme heading into the results is the sharp rise in oil prices during Q1, driven by the Middle East conflict and supply disruptions. Brent crude climbed to multi-year highs, at times approaching $120 per barrel, providing a powerful boost to upstream earnings and cash flow. For Shell, this environment
UK house prices logged a faster growth in April despite geopolitical tensions in the Middle East and rising energy prices, data published by Nationwide Building Society showed Friday. House prices grew by more-than-expected 3.0 percent on a yearly basis in April, following an increase of 2.2 percent in March. Prices were expected to rise again
2026.05.01 2026.05.01 Suspected Interventions Hold Back US Dollar. Forecast as of 01.05.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The rise in the EUR/USD pair was unlikely driven by weaker US GDP or ECB rate hike signals. Instead, it was largely the result of pressure on the euro caused by heavy selling of oil and dollar futures by the US
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Dollar is losing ground quickly as markets move into May, caught between a powerful risk rally and a sharp rebound in the Japanese Yen. What stands out is not just the scale of the move, but the shift in market priorities—growth optimism is now outweighing both geopolitical risks and inflation concerns. The risk-on tone is
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At a glance: Asia-Pacific markets subdued with Singapore, Hong Kong and mainland China on holiday; Japanese markets will be closed Monday to Wednesday next week for Golden Week USD/JPY edged back above 157.00 as Mimura declined to officially confirm Thursday’s intervention but warned speculators that Golden Week has just started and his view on speculative
