Last August’s perfect storm revisited Last year’s August selloff wasn’t triggered by trade tensions, but rather a toxic combination of tech earnings disappointment, Japanese yen strength forcing carry trade unwinding, and crucially, a hotter-than-expected inflation print that derailed the disinflation narrative. The catalyst came when core consumer price index (CPI) for July 2024 rose 0.3% month-on-month (MoM)
2025.08.01 2025.08.01 GBP/USD: Elliott Wave Analysis and Forecast for 01.08.25 – 08.08.25 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider short positions from corrections below the level of 1.3387 with a target of 1.2936 – 1.2735. A sell signal: the price holds below 1.3387. Stop Loss: above 1.3425, Take Profit:
The ranges of estimates are important in terms of market reaction because when the actual data deviates from the expectations, it creates a surprise effect. Another important input in market’s reaction is the distribution of forecasts. In fact, although we can have a range of estimates, most forecasts might be clustered on the upper bound
The Swiss franc has continued to face downside pressure against the US dollar as it extends its losses in place since last Wednesday, 23 July. In today’s Asia, it shed -0.3% at this time of writing, making it the worst-performing major currency against the greenback. Swiss franc under pressure as US hikes tariffs to 39%,
India’s manufacturing sector strengthened in July on faster increases in new orders, output and stocks of purchases, final survey data from S&P Global showed on Friday. The HSBC manufacturing Purchasing Managers’ Index rose to a 16-month high of 59.1 in July from 58.4 in June. The score was slightly below the flash estimate of 59.2.
2025.08.01 2025.08.01 The Dollar’s Third Miracle. Forecast as of 01.08.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The United States quickly recovered after the pandemic and avoided a recession following the Fed’s most aggressive rate hike cycle in four decades. Will tariffs break the economy this time? Let’s discuss it and make a trading plan for EUR/USD. The article covers
There is just one to take note of on the day, as highlighted in bold below. That being for EUR/USD at the 1.1460 level. It isn’t one that ties much to any technical significance, so the impact of the expiries might be a bit more muted in general. But if anything, it could help to
Asian equities slipped slight today after U.S. President Donald Trump issued a long-anticipated executive order updating tariff rates following the August 1 trade truce deadline. But losses were relatively restrained as many of Asia’s key exporters avoided the harshest duties. While tariffs now top out at 41%, nations like Thailand, Malaysia, and Taiwan saw their
Gold prices are making a fresh attempt to reclaim ground above the $3300/oz mark following a selloff this week. The selloff in Gold has been down to a combination of factors such as improved sentiment as trade deals were struck and a stronger US Dollar. The question now is whether this is the start of
Goldman Sachs has laid out a clear reaction playbook for equity markets ahead of Friday’s U.S. nonfarm payrolls report, suggesting the S&P 500 is poised for moderate swings based on where the headline jobs figure lands. According to the bank’s estimates, a print around their baseline forecast of +100k jobs would be the market’s “neutral
China has suspended approvals for outbound investments by domestic firms seeking to establish or expand operations in the United States, the Nikkei reported Thursday, citing unnamed sources familiar with the matter. According to the report, local governments and the National Development and Reform Commission (NDRC) — the country’s top economic planning agency — have stopped
People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate system that allows the value of the yuan to fluctuate
Several alternative measures of U.S. inflation showed signs of firming in June, complicating the picture for Federal Reserve policymakers as they weigh the timing of potential interest rate cuts. The Dallas Fed’s trimmed mean PCE — which excludes the most extreme price movements each month to capture underlying inflation trends — rose at a 3.4%
Log in to today’s North American session recap for July 31, 2025.Market saw another leg higher in the US Dollar after the Core PCE came above expectations (0.3% vs 0.2% exp m/m).Despite pushing back some tariff deadlines with Mexico notably, Equities still finish the session in the red – This comes amid some technical resistances (high
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
AUDUSD technicals AUDUSD: The pair fell sharply yesterday amid broad USD strength, pushing the price down to test its 100-day moving average, now at 0.64259. That level attracted buying interest, as it has consistently provided support since April 14. While the pair bounced modestly, sellers regained control during the European and U.S. sessions today, sending
The US 30-yr mortgage rates dip to 6.72%, offering slight relief amid high home prices & borrowing costs. Sales slump continues to rate last week was 6.74%. The high for the year was at 7.04%. The low for the year was at 6.62%. This article was written by Greg Michalowski at investinglive.com. Source link
