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US flash PMI Overview The preliminary United States (US) S&P Global Purchasing Managers’ Index (PMI) data for January is due for release today at 14:45 GMT. According to preliminary estimates, the US Composite PMI expanded at a faster pace due to an improvement in both manufacturing and the service sector activity. In December, the Composite

Domestic data provides modest boost ​United Kingdom (UK) retail sales rose 0.4% month-on-month (MoM) in December, comfortably beating expectations. Non-store retailers drove the advance, while demand for precious metals strengthened amid higher gold and silver prices. ​The data offered some reassurance about consumer resilience heading into year-end. However, the bigger picture remains mixed, with household budgets

Key takeaways Suspected FX intervention jolts USD/JPY: After briefly spiking above 159 following BoJ comments, USD/JPY plunged nearly 200 pips within minutes to ~157.30 with no data catalyst, strongly suggesting intervention or rate-checking by Japanese authorities. Momentum signals warn of a trend shift: A bearish RSI divergence on the daily chart flags rising risk of

The USD/CAD forecast remains strongly bearish under 1.3800 as the geopolitical risks ease. Upbeat US GDP data failed to sustain buying pressure for the US dollar. Stable oil prices and receding oversupply concerns continue to support the loonie. USD/CAD has stabilized around 1.3790 after snapping a four-day losing streak, as the US dollar finds a

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2026.01.23 2026.01.23 Short-Term Analysis for Oil, Gold, and EURUSD for 23.01.2026 Alex Rodionovhttps://www.litefinance.org/blog/authors/alex-rodionov/ Welcome, my fellow traders! I have prepared a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of the margin zones method and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. The oil price

67 of 79 (~85%) of economists said rates would remain unchanged through 2026 All 83 economists expect no change to the deposit rate for the 5 February policy decision The poll numbers sum up very well the market expectations currently towards the ECB. And the ~85% share of opinion of no change in rates for

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Bank of Japan (BoJ) Governor Kazuo Ueda is due to hold a press conference at 6:30 GMT, following the central bank’s decision to hold the benchmark interest rate at 0.75% on Friday.  Traders await additional clues from Ueda’s press conference regarding the expected timing of the BoJ’s next rate hike.  Economic Indicator BoJ Press Conference The

The PBOC follows a managed floating exchange rate system that allows the value of the yuan to fluctuate within a +/- 2% range, around a central reference rate, or “midpoint.” The rate set under 7 today for the first time since May 2023. Previous close 6.9672 PBoC injects 125bn yuan through 7-day reverse repos at

Japan’s National Consumer Price Index (CPI) rose by 2.1% YoY in December, compared to the previous reading of 2.9%, according to the latest data released by the Japan Statistics Bureau on Friday. Further details unveil that the National CPI ex Fresh food arrived at 2.4% YoY in December versus 3.0% prior. The figure came in line with

Thursday’s session is front-loaded with Asia-Pacific inflation and activity data. New Zealand CPI gets released in a few minutes, followed by Australia’s flash PMIs, setting the tone for regional growth expectations. Attention then turns squarely to Japan in the evening, with national CPI prints ahead of the BoJ rate decision, policy statement and outlook report

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The S&P 500 already closed the gap but with earnings, you know… you never know. It’s always a tricky event with risk, everyone’s got an opinion, especially us with ourself, and everyone’s got good explanations about why it should go up. Or why it would go down. Then when the report is out, it gets