China will on Thursday release February figures for industrial profits, highlighting an extremely light day for Asia-Pacific economic activity. In January, profits were down 3.3 percent on year. Thursday is also the last day before a lengthy break for the Indonesia stock market; it’s off Friday for Saka New Year and then all next week […]
The DXY trades near the 104.30 area after a modest upward reaction to economic data. Traders weigh durable goods strength and fresh copper tariff comments against geopolitical ceasefire noise. Resistance aligns near 104.53, while 104.09 acts as short-term support. The US Dollar Index (DXY), which measures the value of the US Dollar against a basket
The Mexican Peso falls as traders brace for a 50-basis-point rate cut amid signs of cooling inflation and weak economic activity. Banxico expected to slash rates by 50 bps as economy shows signs of fatigue. Economic activity remains in contraction despite solid retail sales and marginal January improvement. The Mexican Peso (MXN) depreciates against the
Housing prices in Luxembourg rose in the fourth quarter of 2024, marking the first increase in two years, preliminary data from the statistical office showed on Wednesday. Prices of apartments and houses climbed 1.4 percent year-on-year after a 1.9 percent fall in the third quarter. This was the first increase since the final three months
Australia’s CPI eases to 2.4% Australia’s inflation rate surprised on the downside, as CPI eased in February to 2.4% y/y. This was below the 2.5% gain in January which was also the market estimate. The drop in inflation was noted in across a range of sub-categories, including gasoline, electricity and food. Core inflation also eased
The move to one-day settlement for US equities, known as T+1, may be contributing to record liquidity shortfalls at the National Securities Clearing Corporation (NSCC), which clears all US-listed stock trades. NSCC, a subsidiary of the Depository Trust & Clearing Corporation (DTCC), reported a liquidity shortfall of $7.1 billion in the fourth quarter of 2024,
There is a lot of uncertainty about tariffs A lot of the sentiment shift is about tariffs It’s conceivable the hit to confidence could be bigger than the tariffs themselves The good news is that there are resolutions of trade uncertainty and confidence could be restored I take very seriously the hit to confidence, the
2025.03.26 2025.03.26 GBPUSD Forecast & Predictions for 2025, 2026, 2027–2030 and Beyond Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ The GBP/USD pair is one of the most popular major currency pairs in the Forex market, representing the exchange rate of the British pound against the US dollar. This pair is highly sought after by traders, investors, and hedge fund managers
Sterling fell broadly today after UK’s February CPI came in slightly below expectations. However, the selloff has been contained, with markets still expecting the BoE to proceed cautiously with policy easing. In particular, services inflation remained sticky at 5%, signaling that underlying price pressures are not abating as quickly as hoped. Some economists argue that
Iceland’s jobless rate increased further in February to the highest level in more than three years, figures from Statistics Iceland showed on Wednesday. The jobless rate rose to a seasonally adjusted 5.5 percent in February from 4.9 percent in January. In the same month last year, the unemployment rate was 3.2 percent. Further, this was
USD/CAD falls further to near 1.4250 amid strength in the Canadian Dollar. Investors doubt that the BoC will continue reducing interest rates after the release of the hot CPI report for February. The risk sentiment remains cautious as US President Trump is expected to announce significant tariffs on April 2. The USD/CAD pair extends its
2025.03.26 2025.03.26 Moderna (MRNA) Stock Forecast & Predictions for 2025, 2026, 2027–2030 and Beyond Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Moderna is an American pharmaceutical company that focuses on developing medicines based on messenger ribonucleic acid (mRNA). It is best known for creating the Moderna COVID-19 vaccine. MRNA stock price forecasts are based on a thorough analysis of current
The AUD/USD price analysis shows a strong Aussie despite downbeat inflation data. Inflation in Australia increased by a smaller-than-expected 2.4% annually. Data from the previous session revealed a big decline in US consumer confidence. The AUD/USD price analysis shows a strong Australian dollar despite downbeat inflation data from Australia. The rise in the Aussie came
Various indicators show underlying inflation moving towards 2% inflation sustainably Some effects of monetary policy steps appear with a lag Want to scrutinise how policy decisions so far could affect the economy Neutral rate is an important means in deciding monetary policy But need to take into account features of various data, models, and assumptions
Singapore’s industrial production contracted for the first time in eight months in February, preliminary data from the Economic Development Board revealed on Wednesday. Industrial production dropped 1.3 percent year-on-year in February, reversing an 8.0 percent sharp growth in January. Meanwhile, economists had expected a further growth of 7.5 percent. Excluding biomedical manufacturing, industrial production rose
Commodity currencies are finding a bid in Asian session today, though still largely range-bound against Dollar. A sharp rally in Copper prices, driven by US tariff fears, is likely giving Aussie a tailwind, countering lingering drag from today’s slightly weaker-than-expected inflation data. Meanwhile, Loonie is benefitting from speculation that Canada may be assigned lower tariffs
Gold price ticks lower on Wednesday amid some USD dip-buying. A positive risk tone further weighs on the safe-haven precious metal. Trade jitters, US recession fears, and Fed rate cut bets help limit losses. Gold price (XAU/USD) struggles to capitalize on the previous day’s move higher and attracts some intraday sellers during the Asian session
