What Is the Petrodollar? System, History & Collapse Explained

What Is the Petrodollar? System, History & Collapse Explained

2026.05.14 2026.05.14 What Is the Petrodollar and How Does It Affect the Global Economy? Gleb Kabanovhttps://www.litefinance.org/blog/authors/gleb-kabanov/ What is the petrodollar, and why has this concept shaped the architecture of the global economy for decades? The term describes a mechanism in which oil is traded mainly in US dollars, while oil exporters reinvest their oil revenues […]

Treasury Yields Ease on Thursday

Treasury Yields Ease on Thursday

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Trump-Xi Summit Fails to Convince Oil Markets on Hormuz

Trump-Xi Summit Fails to Convince Oil Markets on Hormuz

Risk sentiment remained broadly stable on Thursday as US equity futures edged higher alongside European stocks, extending the optimistic tone already dominating global markets this week. But while equities continued drifting along the existing AI- and liquidity-driven rally, oil markets delivered a far more cautious verdict on the opening phase of the Trump-Xi summit in

​​​​Marks & Spencer FY 2026 Earnings Preview: 20 May Results​​​

​​​​Marks & Spencer FY 2026 Earnings Preview: 20 May Results​​​

Food division continues to lead ​The food business remains the standout performer within M&S and is increasingly central to the investment case. The retailer has continued to gain market share in premium grocery, supported by strong demand for convenience products, seasonal ranges and value-focused offerings. ​Management has accelerated its strategy of reshaping the estate around

Brent Price Remains High Despite China Demand Pullback. Forecast as of 14.05.2026

Brent Price Remains High Despite China Demand Pullback. Forecast as of 14.05.2026

2026.05.14 2026.05.14 Brent Price Remains High Despite China Demand Pullback. Forecast as of 14.05.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Brent is not breaking records despite a roughly 20% drop in supply—a seeming paradox, but one with clear explanations. Rising US exports, falling global inventories, and weaker Chinese imports are supporting the oil market. The key question is whether this

An eye on API: bilateral FX takes hold with some asset managers

An eye on API: bilateral FX takes hold with some asset managers

Foreign exchange trading venues have a persuasive pitch: visible pricing, liquidity, convenience. But hefty platform fees are a perennial gripe for users. In response, dealers are offering direct pricing streams via application programming interface (API) – and more buy-side clients are starting to connect. JP Morgan Asset Management, for example, runs its own FX hub

Slovakia Inflation Rises To 3.9% In April

Slovakia Inflation Rises To 3.9% In April

Slovakia’s consumer price inflation accelerated for the first time in three months in April amid higher fuel prices, figures from the Statistical Office of the Slovak Republic showed on Thursday.Consumer prices rose 3.9 percent annually in April, faster than the 3.5 percent increase in March. Inflation was expected to remain stable at 3.5 percent.The upward

​Technical analysis of the Dow, GBP/USD as they consolidate while US natural gas futures prices near resistance.

​Technical analysis of the Dow, GBP/USD as they consolidate while US natural gas futures prices near resistance.

​​​Macro Update ​Asia stocks rise on AI optimism: Asian equities advanced as investors looked through inflation and geopolitical risks, with enthusiasm around AI supporting tech-heavy markets and European futures signalling a stronger open. ​Trump-Xi summit offers few surprises: Market reaction was subdued as initial comments from Xi suggested progress in trade discussions but warned that

Rupiah Stays Fragile Near Record Low

Rupiah Stays Fragile Near Record Low

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Markets Await Concrete Signals as Trump-Xi Summit Begins in Beijing

Markets Await Concrete Signals as Trump-Xi Summit Begins in Beijing

Markets are still waiting for the real signals. As US President Donald Trump’s two-day summit with Chinese President Xi Jinping began in Beijing today, investors largely avoided making aggressive bets, preferring instead to wait for the kinds of concrete announcements and joint language that typically emerge near the end of high-level diplomatic visits. Beneath the

Trump-Xi summit 2026: Key expectations and what markets are watching

Trump-Xi summit 2026: Key expectations and what markets are watching

Kelvin Wong Senior Market Analyst Based in Singapore, Kelvin Wong is a well-established senior global macro strategist with over 15 years of experience trading and providing market research on foreign exchange, stock markets, and commodities. Passionate about connecting the dots in the financial markets and sharing perspectives around trading and investment, Kelvin Wong is an

Shanghai Stocks Hover Near 11-Year High

Shanghai Stocks Hover Near 11-Year High

The Shanghai Composite slipped 0.2% to around 4,233, remaining close to its highest level since July 2015, while the Shenzhen Component fell 0.9% to 15,950, as investors closely tracked the highly anticipated summit between US President Donald Trump and Chinese President Xi Jinping. The meeting, seen as a pivotal moment for US–China relations, is expected

Asia open: US PPI surges as Inflation heat derails rate cut hopes ahead of Trump-Xi summit

Asia open: US PPI surges as Inflation heat derails rate cut hopes ahead of Trump-Xi summit

Key takeaways US inflation pressures intensified after April PPI surged 6.0% y/y, reinforcing the “higher for longer” Federal Reserve narrative and fuelling expectations that any future Fed move could shift toward rate hikes rather than cuts. Donald Trump and Xi Jinping began high-stakes talks in Beijing, with AI competition, semiconductor restrictions, and Middle East geopolitical

Gold Weighed Down by Fed Rate Hike Fears

Gold Weighed Down by Fed Rate Hike Fears

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