The oil market continues to attract steady bids on speculation that the US will join the war in Iran, with Iran potentially closing the Strait of Hormuz in response. Brent crude daily Brent is now up $2.10 to $78.80 and at the highest since January. it’s risen about $13 since the first signs of hostilities. […]
Q1 GDP rose 0.8% q/q, slightly above our 0.7% forecast and stronger than the RBNZ’s 0.4%. Services and manufacturing drove the gains, while construction stabilised after a year of contraction. The economy has now posted back-to-back q/q expansions, but output remains below potential, Standard Chartered’s economists Bader Al Sarraf and Nicholas Chia report. Perfecting the
2025.06.19 2025.06.19 Vaulta (EOS) Forecast: AUSD (EOSUSD) Price Prediction for 2025, 2026, 2027–2030 and Beyond Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Vaulta (formerly EOS) is a blockchain platform designed to facilitate the development of decentralized applications (dApps) and smart contracts. The project’s primary objective is to address the challenges of scalability, transaction speed, and high transaction fees. Launched in
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
![QCOM Elliott Wave technical analysis [Video]](https://i3.wp.com/editorial.fxsstatic.com/images/i/car-industry-01_Large.jpg?w=1024&resize=1024,1024&ssl=1 "QCOM Elliott Wave technical analysis [Video]")
QCOM Elliott Wave technical analysis Function: Trend. Mode: Impulsive. Structure: Motive. Position: Wave {iii} of 1. Direction: Upward movement expected in wave {iii}. Details: Currently positioned near the MediumLevel support at $150, aiming for further gains in minute wave {iii}. The Elliott Wave analysis for QCOM on the daily chart suggests a strong bullish trend.
BoE maintains rates at 4.25% The Bank of England didn’t have any surprises up its sleeve as it held rates at 4.25%. This follows a quarter-point cut at last month’s meeting. The MPC vote indicated that six members voted to hold while three voted to lower rates. The markets had projected that the vote would
Solana (SOL) rapidly approaches key technical support zone as investors continue to sell the token. Source link
USD/CAD outlook improves as it trades above 1.37, lifted by safe-haven flows. Fed’s cautious stance on inflation reinforces support for the dollar, but policy uncertainty persists. CAD gains limit upside as rising oil prices offer some counterbalance to USD strength. The USD/CAD outlook remains mildly positive as the pair extended its upside for the third
The Financial Times reports that the EU is weighing a UK-style trade deal with the US. That would leave the reciprocal tariffs around 10% and then they will try to negotiate better conditions for sectoral tariffs. The EU is also not looking to retaliate after the July deadline anymore as they fear stronger economic consequences
2025.06.19 2025.06.19 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 19.06.2025 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: Correction [B] is developing within a flat structure. Consider buying with Take Profit at 110,747.83. XRPUSD:
The US Federal Reserve kept its benchmark Fed funds rate unchanged at 4.25%–4.50% for the fourth consecutive meeting, as widely expected. During the press conference, Fed Chair Jerome Powell warned that recently announced tariffs could exert upward pressure on prices. /* Requesting advertisement by calling an endpoint assures that the advertisement is never cached together
There are just a couple to take note of on the day, as highlighted in bold. That being for EUR/USD at the 1.1475 and 1.1500 levels. The expiries could play a role in pulling price action a little in the session ahead but they might not see much impact/interest. The market action is likely to
BNP Paribas is planning to selectively expand its white-labelling programme to give more regional banks and their clients access to its spot foreign exchange execution algorithms. Earlier this month, BNP Paribas struck its first algo white label partnership with Lloyds, whereby corporate and financial institution clients of the UK bank can now use its three
The Australian Dollar remains subdued after mixed employment figures were released on Thursday. Australia’s Employment Change surprisingly declined by 2.5K in May, while Unemployment Rate steadied at 4.1% as expected. The Federal Reserve kept its interest rates on hold at 4.5% in June, as expected. The Australian Dollar (AUD) depreciated against the US Dollar (USD)
New Zealand’s gross domestic product expanded by a seasonally adjusted 0.8 percent on quarter in the first quarter of 2025, Statistics New Zealand said on Thursday. That beat forecasts for an increase of 0.7 percent following the downwardly revised 0.5 percent gain in the previous quarter (originally 0.7 percent). On an annualized basis, GDP fell
