U.S. Rig Count Rises Slightly, Signaling Econ…

U.S. Rig Count Rises Slightly, Signaling Econ…

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U.S. Consumer Sentiment Deteriorates More Than Previously Estimated In October

U.S. Consumer Sentiment Deteriorates More Than Previously Estimated In October

Revised data released by the University of Michigan on Friday showed consumer sentiment in the U.S. deteriorated by more than initially estimated in the month of October. The University of Michigan said its consumer sentiment index was downwardly revised to 53.6 from the preliminary reading of 55.0. Economists had expected the consumer sentiment index to

Why Russia sanctions pushed PBF Energy to a critical technical test

Why Russia sanctions pushed PBF Energy to a critical technical test

PBF Energy Inc. (PBF), a major U.S. petroleum refiner, experienced an explosive day on Thursday, surging 15.67% to close at $34.10. This aggressive move was fueled not only by recent analyst upgrades but, more significantly, by the increase in global oil costs due to new U.S. sanctions on Russia. By limiting or halting Russian oil

XAU/USD: Elliott Wave Analysis and Forecast for 24.10.25 – 31.10.25

XAU/USD: Elliott Wave Analysis and Forecast for 24.10.25 – 31.10.25

2025.10.24 2025.10.24 XAU/USD: Elliott Wave Analysis and Forecast for 24.10.25 – 31.10.25 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 the level of 4,007.50 with a target of 4,500.00 – 4,700.00. A buy signal: the price holds above 4,007.50. Stop Loss: below 3,965.00, Take Profit:

​UK shoppers go spending in September​

​UK shoppers go spending in September​

​​​Retail sales defy expectations with September surge ​UK retail sales volumes rose 0.5% month-on-month (MoM) in September, comfortably beating economist forecasts for a 0.4% decline. The positive surprise marks a continuation of the summer’s momentum, with August’s reading revised upward to 0.6% from the initial 0.4% estimate. ​Annual growth in retail sales accelerated to 1.5%,

USD/CHF: Elliott Wave Analysis and Forecast for 24.10.25 – 31.10.25

USD/CHF: Elliott Wave Analysis and Forecast for 24.10.25 – 31.10.25

2025.10.24 2025.10.24 USD/CHF: Elliott Wave Analysis and Forecast for 24.10.25 – 31.10.25 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 0.8080 with a target of 0.7700 – 0.7500. A sell signal: the price holds below 0.8080. Stop Loss: above 0.8120, Take Profit:

UK Manufacturing PMI Inches Closer to Expansi…

UK Manufacturing PMI Inches Closer to Expansi…

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UK October flash services PMI 51.1 vs 51.0 expected

UK October flash services PMI 51.1 vs 51.0 expected

Prior 50.8 Manufacturing PMI 49.6 vs 46.6 expected Prior 46.2 Composite PMI 51.1 vs 50.6 expected Prior 50.1 Key Findings: Faster rate of UK private sector output growth recorded in October, while cost inflation eases to 11-month low Comment: Chris Williamson, Chief Business Economist at S&P Global Market Intelligence: “October’s flash UK PMI survey brings

Japan Leading Index Improves Less Than Estimated

Japan Leading Index Improves Less Than Estimated

Japan’s leading index increased less than estimated in August to the highest level in five months, the latest data from the Cabinet Office showed on Friday. The leading index, which measures future economic activity, rose to 107.0 in August from 106.1 in the previous month. The flash score was 107.4. Meanwhile, the coincident index weakened

Palm Oil Set to Post Second Straight Weekly L…

Palm Oil Set to Post Second Straight Weekly L…

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EUR/JPY Price Forecast: Constructive view prevails near 177.50

EUR/JPY Price Forecast: Constructive view prevails near 177.50

The EUR/JPY cross trades in positive territory for the fourth consecutive day around 177.45 during the early European session on Friday. The Japanese Yen (JPY) softens against the Euro (EUR), even as core inflation in Japan accelerated in September for the first time since May. The report came ahead of the Bank of Japan’s (BoJ)

U.S. Rig Count Rises Slightly, Signaling Econ…

Aussie Stocks Flat, Poised for Weekly Gains

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PBOC sets USD/CNY reference rate at 7.0928 vs. 7.1235 previous

The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Friday at 7.0928 compared to the previous day’s fix of 7.1235 and 7.1192 Reuters estimate. PBOC FAQs The primary monetary policy objectives of the People’s Bank of China (PBoC) are to safeguard price stability, including exchange rate stability,

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