US Indices, which have started the day mixed, have appreciated this morning’s JOLTS report. The data came out better than expected, with 7,391M Job Openings vs 7,200 Expected, a rise of 191,000 on the month. This data set is still proving the strength of US Data amid geopolitical uncertainties. Sentiment is positive throughout markets as
GBP/USD trades flat on Tuesday, holding within Monday’s range near 1.3520. BoE Governor Bailey sees rates moving lower but warns of increased uncertainty. A split within the MPC signals a cautious, data-driven rate path ahead. The British Pound (GBP) is trading flat against the US Dollar (USD) on Tuesday, edging slightly lower from its intraday
2025.06.03 2025.06.03 10 Day Trading Patterns for Beginners Alan Tsagaraevhttps://www.litefinance.org/blog/authors/alan-tsagaraev/ There are many different day candlestick trading patterns used in intraday trading on Forex. In this article, we will analyze popular patterns for stock markets, which can also be applied to various complex instruments, for example, currency and cryptocurrency pairs. Day traders often use them
Xinhau reports that China’s top diplomat met with the US ambassador and said he hopes the US official will promote healthy, steady, sustainable ties. I think you have to take the existence of a meeting as a good sign that they will get to a point where Trump and Xi can have a call and
The currency markets remain largely listless today, with all major pairs and crosses still trapped within last week’s ranges. Euro edged slightly lower following the release of Eurozone CPI data, which showed inflation falling below the ECB’s 2% target for the first time since September last year. The core measure also softened notably, reinforcing the
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Key events shaping global market sentiment As global markets navigate heightened trade tensions and shifting monetary policies, two pivotal events are set to influence investor sentiment this week: the European Central Bank (ECB) policy meeting on Thursday, 5 June, and the US non-farm payrolls (NFP) report on Friday, 6 June. Adding to the mix, China
The USD/JPY price analysis shows strength in the yen after Ueda’s comments. The BoJ will hike rates if the economy re-accelerates. Data revealed soft business activity in the US manufacturing sector. The USD/JPY price analysis shows strength in the yen after BoJ’s Ueda said the central bank would hike rates if growth re-accelerates. At the
According to the Organisation for Economic Cooperation and Development (OECD) the global economy is expected to grow more slowly this year, with growth predicted to be 2.9% in both 2025 and 2026, compared to 3.3% last year. The OECD cited growing uncertainty on the back of US trade policies under the Trump administration as a
First the US, and now China Within the past 24 hours we have seen signs of slowing activity in both the US and China, though yet another tariff pause extension (more TACOs, anyone?) supported sentiment. Yesterday’s US Institute of Supply Management (ISM) Purchasing Managers’ Index (PMI) fell for a third consecutive month, indicating shrinking activity
2025.06.03 2025.06.03 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 03.06.2025 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: The price continues to rise in the final part of the bullish impulse. The recommendation is
Eurostoxx +0.2% Germany DAX +0.2% France CAC 40 +0.2% UK FTSE +0.3% Spain IBEX flat Italy FTSE MIB -0.1% It’s a bit of catching up to the late bounce in Wall Street but any optimism there is balanced out by a slight drop as well in US futures today. S&P 500 futures are down 0.35%
Global markets remain mixed, reflecting a cautious investor mood amid heightened trade uncertainty and a lack of clear directional drivers. US stocks closed modestly higher overnight, reversing losses from earlier in the session. Asian equities broadly followed the rebound, seemingly brushing off disappointing Chinese manufacturing data. The overall tone, however, remains indecisive, with no strong
The Japanese Yen attracts some intraday sellers amid a combination of negative factors. Calls for the BoJ to slow tapering beyond 2026 and a positive risk tone undermine the JPY. The divergent BoJ-Fed policy expectations should cap any meaningful upside for USD/JPY. The Japanese Yen (JPY) is looking to extend its retracement slide from a
Deutsche Bank is shifting gears on its proprietary foreign exchange trading platform, offering access to certain workflow elements via third-party platforms – as clients continue to migrate towards these venues. For years, banks have tried to divert FX traffic from the multi-dealer platforms by offering value-added services. But their efforts have not slowed down the
Reserve Bank of Australia assistant Gov Hunter: Higher US tariffs will put a drag on the global economy Assuming weaker global growth environment will moderately dampen prices for tradable goods Higher uncertainty can lead to declines in investment, output and employment Higher global uncertainty has a large negative effect on Australian business investment Australia’s exporters
