ETF flows remain relatively resilient Although XRP has joined the broader crypto sell-off, ETF flows have continued to compare favourably with those seen in Bitcoin and Ethereum. Throughout early May, spot XRP ETFs attracted strong institutional demand, recording one of their best months since launch while competing crypto funds experienced substantial redemptions. During the final
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FUNDAMENTAL OVERVIEW USD: The US dollar has been consolidating against most major currencies since Monday. The US CPI report yesterday came mostly in line with expectations and helped alleviate some of the most hawkish fears. The market pricing hasn’t changed though as traders continue to price in 24 bps of tightening by year-end, down very
2026.06.11 2026.06.11 Gold Slumps as Key Sources of Support Fade. Forecast as of 11.06.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ An unfavorable macroeconomic backdrop, fading support from central banks and ETFs, and the bubble burst have sent gold into a tailspin. Attention is now turning to potential catalysts, including the Federal Reserve’s policy decisions and the anticipated SpaceX IPO.
UK house prices continued to decline and sales activity indicators remained negative as challenging macroeconomic conditions weighed on demand but some measures showed signs of stabilization in the property market, the Residential Market Survey results from the Royal Institution of Chartered Surveyors, or RICS, showed Thursday. The house price balance posted -35 percent in May,
2026.06.11 2026.06.11 US Dollar Ignores Bullish Signals. Forecast as of 11.06.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ It would seem that the dollar has everything going its way. Inflation in the US has accelerated to 4.2%, keeping the likelihood of a Fed rate hike elevated. Geopolitical risks are mounting, while global risk appetite is waning. Why is the greenback
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Equities: The S&P 500 lost 1.6%, and the technology-heavy Nasdaq 100 declined 2% as hardware and semiconductor names underperformed, while the Dow Jones Industrial Average dropped 1.9% amid weakness in consumer retail and logistics. In Europe, the STOXX 600 retreated amid concerns about industrial vulnerabilities. In today’s Asia opening session, the S&P 500 and Nasdaq
Financial markets continue to behave as though diplomacy will ultimately prevail in the Middle East. That assumption is becoming increasingly difficult to justify. Over the past 48 hours, the conflict has escalated dramatically following the downing of a US military helicopter off the coast of Oman, triggering direct military exchanges between Washington and Tehran and
The future of a high-profile foreign exchange “cartel” case against six global banks is in doubt after the UK Supreme Court found that the class action cannot proceed on an opt-out basis. The case, which is valued at £2.7 billion ($3.61 billion) and was brought by Phillip Evans – a former chair of the UK’s
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
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The note argues that record fast crude inventory draws are being misread as evidence of no supply problem, when in fact roughly 11 million b/d of shut in production is being offset by a combination of higher refinery throughput, SPR releases and storage drawdowns, none of which are sustainable. If global onshore inventories including SPR
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A formal closure order for the Strait of Hormuz, backed by an actual strike on two vessels, marks a major escalation with direct implications for roughly a fifth of global oil flows. This moves the conflict from threatened disruption to active interdiction of shipping, and should drive a spike in Brent and WTI alongside surging
The S&P/TSX Composite Index fell 0.8% to 34,151, its lowest close in three weeks, as escalating tensions in the Middle East prompted a broader risk-off move. US President Donald Trump warned that the US would respond forcefully against Iran if a peace agreement is not reached, increasing fears of further conflict following some of the
South Korea will on Thursday release jobless figures for May, highlighting a light day for Asia-Pacific economic activity. In April, the unemployment rate was 2.8 percent. Malaysia will see unemployment numbers for April; in March, the jobless rate was 2.9 percent. Indonesia will release April figures for retail sales; in March, sales were up 3.4
