Market participants endured an absolute rollercoaster of emotions over the past five sessions, navigating a landscape that violently whipsawed between extreme fear and sudden euphoria. The week kicked off with intense anxiety as the United States firmly rejected an initial Iranian diplomatic offer, a move that immediately spiked crude oil prices and threatened to reignite […]
Inflation in France, Italy, Germany and Spain is expected to remain above the ECB’s 2% target. Persistent price pressure, driven partly by energy risks and supply concerns, may strengthen the case for a June rate hike. The ECB faces a difficult choice between fighting inflation and avoiding further weakness in eurozone growth. Inflation in the
Sky News Arabia is reporting: Negotiations in Tehran have reached an understanding on broad outlines regarding the nuclear issue. Delivery of Uranium would be linked to lifting the sanctions and would be gradual. Focused on an understanding regarding the Strait of Hormuz which is still in negotiations. Iran still wants American guarantees for any agreement
A reading on leading U.S. economic indicators unexpectedly edged slightly higher in the month of April, according to a report released by the Conference Board on Friday.The Conference Board said its leading economic index crept up by 0.1 percent in April after falling by 0.6 percent. Economists had expected the index to dip by 0.3
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
Global financial markets remain trapped in a tense but directionless pattern as investors struggle to price a US-Iran conflict that is neither escalating into full confrontation nor moving convincingly toward resolution. Brent crude continues hovering near USD 105 after another volatile week, while US 10-year Treasury yields remain comfortably above 4.5%. Equities are largely drifting
2026.05.22 2026.05.22 XAU/USD: Elliott Wave Analysis and Forecast for 22.05.26–29.05.26 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 4,090.00 with a target of 5,610.00–6,000.00. A buy signal: the price holds above 4,090.00. Stop Loss: below 4,020.00, Take Profit: 5,610.00–6,000.00. Alternative scenario: Breakout and consolidation below
Two former foreign exchange exotics options traders at Citi have left the US bank to take up new roles at Morgan Stanley and Millennium. Jay Steinberg joined the hedge fund in New York this month as a portfolio manager, while London-based Thomas Roberts joined Morgan Stanley in April as an FX options trader focusing on
Binance continues pushing technical upgrades BNB Chain’s development roadmap remains highly ambitious. Binance recently confirmed testing around quantum-resistant cryptography, a long-term security initiative aimed at protecting blockchain infrastructure from future quantum computing threats. Although the tests reportedly reduced transaction throughput significantly, the effort demonstrates Binance’s focus on future-proofing the network against emerging technological risks. At
2026.05.22 2026.05.22 GBP/USD: Elliott Wave Analysis and Forecast for 22.05.26–29.05.26 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 1.3553 with a target of 1.3150–1.2936. A sell signal: the price holds below 1.3553. Stop Loss: above 1.3590, Take Profit: 1.3150–1.2936. Alternative scenario: Breakout
Full report here Lagarde declined to provide specific guidance regarding the ECB’s upcoming June 11 meeting. She emphasized that the bank will maintain a “data-dependent” and “meeting-by-meeting” approach to ensure inflation returns to its 2% target. She highlighted the energy price shock that is simultaneously driving up inflation and slowing economic growth. While long-term inflation
Greece’s current account deficit decreased in March, due to improvements mostly in the goods and services balance and the primary income account, data from the Bank of Greece showed on Friday.The current account showed a deficit of EUR 2.3 billion in March, down from 3.3 billion in the corresponding month last year.The goods trade deficit
EUR/CAD has remained trapped in a broad sideways range after rebounding to 1.6247 in early April, with neither Euro nor Canadian Dollar able to establish a convincing directional advantage. The pair’s hesitation reflects a market caught between fading oil-driven momentum on the CAD side and uncertainty over how aggressively ECB will tighten policy through the
Macro update Stocks rise on peace hopes: Asian equities advanced as investors focused on US-Iran negotiations, with MSCI’s Asia-Pacific index ex-Japan up 0.8%, US futures higher and European futures pointing to a stronger open. Nikkei nears record high: Japan’s Nikkei climbed more than 2%, led by AI-related stocks following gains in US chipmakers, with SoftBank,
2026.05.22 2026.05.22 Short-Term Analysis for Oil, Gold, and EURUSD for 22.05.2026 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. Gold is trading
Retail sales -1.3% vs -0.6% m/m expected Prior +0.7%; revised to +0.6% Retail sales 0.0% vs +1.3% y/y expected Prior +1.7%; revised to +1.4% Retail sales (ex autos, fuel) -0.4% vs -0.3% m/m expected Prior +0.2%; revised to +0.1% Retail sales (ex autos, fuel) +1.1% vs +1.5% y/y expected Prior +1.7%; revised to +1.5% Well,
Quarterly national accounts, business and consumer sentiment survey results from Germany and retail sales and public finance from the UK are the top economic news due on Friday.At 2.00 am ET, Destatis releases Germany’s GDP data for the first quarter. The preliminary estimate showed that the largest euro area economy expanded 0.3 percent after rising
