South Korea had a current account surplus of $14.27 billion in June, the Bank of Korea said on Thursday – up from $10.14 billion in May. The goods account recorded a $13.16 billion surplus as exports increased by 2.3 percent to $60.37 billion and as imports increased by 0.7 percent to $47.21 billion, both compared […]
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
This article is a follow-up to the article written on July 31, 2025 titled Silver (XAG/USD) Price: Down 1.5% as Trendline Break Hints at Deeper Correction Silver prices have retraced following the initial selloff last week. Friday’s US jobs data has obviously been extensively discussed, but that was the end of the initial bearish run
The news was a little while ago, good news if we get an end to Russia’s war on Ukraine: While Trump didn’t tweet his meeting intentions, The White House sent out the news with widespread media reporting. Trump did have something to say though: Good news for markets if true. Likely outcomes: supportive for risk
The Treasury Department continued this week’s series of announcement of the results of its long-term securities auctions on Wednesday, revealing this month’s sale of $42 billion worth of ten-year notes attracted well below average demand. The ten-year note auction drew a high yield of 4.255 percent and a bid-to-cover ratio of 2.35. Last month, the
2025.08.06 2025.08.06 Is Silver a Good Investment in 2025? Artem Shashkovhttps://www.litefinance.org/blog/authors/artem-shashkov/ Silver has traditionally attracted investors’ attention as one of the most stable precious metals, especially during periods of economic instability and rising inflation. However, many people wonder whether silver is a bad or good investment. This precious metal has a number of features that
Oil prices have had volatile swing in the past week, finding strong demand towards the end of July after bouncing at the lows of its $65 to $70 range, even breaking its highs (71.38) before getting hammered from downbeat sentiment post-NFP miss.The commodity is in the Middle of some fundamental headwinds between strong supply (OPEC+
President Trump is set to impose an additional 25% tariff on imports from India. The move is aimed squarely at penalizing New Delhi for its continued purchases of Russian oil, despite U.S. pressure to curtail such trade. The tariff also comes against the backdrop of expectations for further sanctions on Russia, as Washington seeks to
Slovakia’s retail sales declined for the fifth straight month in June, figures from the Statistical Office of the Republic of Slovenia showed on Wednesday. Retail sales fell 0.4 percent year-on-year in June, slower than the 1.8 percent decrease in May. The most significant negative impact was the turnover decline of e-shops and mail orders by 4.8 percent,
The pharmaceutical sector has been one of the standout performers in recent years, driven largely by breakthrough treatments in diabetes and obesity. But Novo Nordisk’s latest results serve as a reminder that even the most promising growth stories can hit bumps along the way. The Danish company’s second-quarter (Q2) numbers have sent shockwaves through the market,
The New Zealand dollar continues to have a quiet week. In the European session, NZD/USD is trading at 0.5923, up 0.37% on the day. The kiwi has been under pressure, falling 3.4% against the US dollar in July. New Zealand’s unemployment rises, job growth declines New Zealand’s employment report for Q2 was pretty much as
AUD/JPY may find primary support at the 50-day EMA of 95.07. The 14-day Relative Strength Index is positioned on the 50 mark, indicating a neutral bias. The immediate resistance appears at the nine-day EMA of 95.98. AUD/JPY continues to gain ground for the second successive day, trading around 95.90 during the European hours on Wednesday.
That is the highest reading since February 2023 as the construction downturn in Germany shows further signs of easing in July. Looking at the details, a lot of this owes to a renewed rise in commercial building work (chart below). That being said, firms continued to cut both workforce numbers and purchasing activity, citing a
2025.08.06 2025.08.06 Short-Term Analysis for Oil, Gold, and EURUSD for 06.08.2025 Alex Rodiоnovhttps://www.litefinance.org/blog/authors/alex-rodionov/ I welcome my fellow traders! I have made a price forecast for the 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
Ireland’s service sector activity expanded at the weakest pace in one-and-a-half years in July amid slower rises in output and new business, data released by S&P Global showed on Wednesday. The AIB Ireland Services Purchasing Managers’ Index fell to 50.9 in July from 51.5 in June. However, any reading above 50 suggests expansion in the
The euro has staged a remarkable bullish reversal against the US dollar last Friday, 1 August, ex-post weaker-than-expected US non-farm payrolls data release. The EUR/USD jumped by 1.5% which put a halt to the prior week-long corrective decline from the 24 July 2025 swing high of 1.1789. Since Monday, 4 August, the EUR/USD has drifted
When is Tencent reporting Q2 2025 earnings? Tencent will announce its second-quarter results after Hong Kong markets close on Wednesday, 13 August 2025. The company will hold its earnings conference call at 8.00pm (Hong Kong time) to discuss financial performance. The Chinese technology conglomerate has established itself as one of the world’s most valuable companies.
