Consumer confidence in South Korea dipped in September, the latest survey from the Bank of Korea said on Wednesday with a consumer sentiment index score of 110.1. That’s down from 111.4 in August, although it remains above the break-even score of 100 that separates optimism from pessimism. Consumer sentiment regarding current living standards was unchanged […]
Zain Vawda Market Analyst Zain is an experienced financial markets analyst and educator with a rich tapestry of experience in the world of retail forex, economics, and market analysis. Initially starting out in a sales and business development role, his passion for economics and technical analysis propelled him towards a career as an analyst. He
The Organisation for Economic Co-operation and Development said in a report on Tuesday that the full impact of the massive hike in trade tariffs announced by the U.S. is yet to be felt though early effects are becoming increasingly evident. In the interim outlook report, the Paris-based think tank raised the global growth forecast to
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Gold prices reached a new record high on Tuesday, helped by growing expectations of more US interest rate cuts. Investors were also waiting for a speech from Federal Reserve Chair Jerome Powell to get more hints about future policy. The price of spot gold went up 1% to $3,784.01 per ounce, after hitting a new
The NZDUSD climbed higher last week, with momentum peaking in the aftermath of the FOMC rate decision. That rally carried the pair above a key target at 0.5997, which marked not only the swing high from August 13 but also the 61.8% retracement of the decline from the July 1 high down to the August
Gold extends its record run, hitting a fresh all-time high of $3,791 on Tuesday. Geopolitical tensions continue to fuel safe-haven flows, keeping Gold demand elevated. Fed Chair Jerome Powell cautioned that “two-sided risks mean there is no risk-free path,” describing policy as “modestly restrictive.” Gold (XAU/USD) pushes deeper into uncharted territory on Tuesday, climbing to
Multiple factors support gold’s sustained strength The gold price continues to capture the attention of global investors as the metal trades in record highs, supported by a combination of softer US Treasury yields, persistent geopolitical uncertainty, and expectations of further monetary easing by major central banks. The Federal Reserve’s (Fed) recent decision to cut rates has
The forex markets remained largely directionless today, with consolidative trading dominating across major pairs. Price action was muted, and the release of PMI data failed to provide much impetus, with investors largely shrugging off the surveys. Eurozone PMIs offered a mixed picture. Germany showed a promising improvement, but sluggish readings in France offset the optimism.
2025.09.23 2025.09.23 Reversal Candlestick Patterns: Bullish and Bearish Reversal Candles Alan Tsagaraevhttps://www.litefinance.org/blog/authors/alan-tsagaraev/ Candlestick reversal patterns are important harbingers or rend reversals. These technical analysis tools can be used to predict price changes. These patterns form on an asset’s price chart and, depending on their type and shape, indicate potential upward or downward movement. These patterns
UK private sector output expanded at the slowest pace in four months in September amid deceleration in services growth along with continued contraction in the manufacturing production, flash survey results from S&P Global revealed on Tuesday. The composite output index dropped to 51.0 in September from August’s 1-year high of 53.5. Nonetheless, a score above
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Global stocks climbed on Tuesday, driven by growing excitement around artificial intelligence (AI), which is attracting a lot of money into technology companies. Expectations that the US Federal Reserve will continue cutting interest rates also pushed the price of gold to a new record high. European stocks, which have typically been slower to follow the
2025.09.23 2025.09.23 Gold Offers Ideal Hedge. Forecast as of 23.09.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The Fed refuses to protect the US economy and markets from high inflation, but gold can do so. The 43% rally of the XAUUSD in 2025 demonstrates the high demand for the precious metal as a safe haven. Let’s discuss this topic and
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
India’s private sector growth moderated in September from a record growth seen in August, flash survey results from S&P Global showed on Tuesday. The HSBC flash composite output index dropped to 61.9 in September from 63.2 in August. However, a score above 50 indicates expansion in the sector. Among components, new orders, output, and employment
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
