A report released by the Institute for Supply Management on Wednesday showed its reading on U.S. service sector activity came in unchanged in the month of January. The ISM said its services PMI came in at 53.8 in January, unchanged from a revised reading in December. A reading above 50 indicates growth in the sector.
AstraZeneca full-year earnings: can the pharma giant maintain oncology momentum? AstraZeneca is set to release its full-year 2025 (FY25) financial results on 10 February 2026, a milestone moment for one of the world’s largest biopharmaceutical companies. The upcoming report will provide a comprehensive view of how AstraZeneca performed across its key therapeutic franchises, how effectively it
2026.02.04 2026.02.04 What Is Margin Level in Forex? Definition, Calculation & Management Guide Alex Rodionovhttps://www.litefinance.org/blog/authors/alex-rodionov/ Margin trading is especially common in the forex market. Because of the high entry threshold, most brokers offer clients leverage, which allows them to trade forex with a relatively small initial investment. However, this approach involves additional costs, such as
Bitcoin rises above $76,000 following an extended decline to $72,946 the previous day as Fed-related headlines keep investors on edge. Ethereum advances toward the $2,300 hurdle amid low retail interest, with futures Open Interest falling to $26.3 billion. Source link
Euro is trading steadily today despite inflation data coming in weaker than expected. The muted market reaction suggests investors are comfortable looking through near-term softness, focusing instead on the broader policy and inflation backdrop. Indeed, recent data point to inflation likely undershooting the ECB’s own forecasts in the near term. That said, medium-term inflation expectations
Solana weighs on major support Since the beginning of 2026, Solana (SOL) has traded under the weight of broader market pressures, with a recent sharp sell-off crystallising many of the risks that have been building beneath the surface. While the blockchain’s long-term narrative – centred on high throughput, low fees and ecosystem growth – remains intact,
2026.02.04 2026.02.04 Who Owns BlackRock Inc.? Major Shareholders & Ownership Structure Alan Tsagaraevhttps://www.litefinance.org/blog/authors/alan-tsagaraev/ BlackRock Inc. is one of the world’s largest asset management companies, with significant influence on both Wall Street and global financial markets. The company manages trillions of dollars in assets, and its investment decisions can greatly affect the global economy. That leaves
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Market snapshot for QCOM before its earnings tonight It’s been a whirlwind 24 hours for Wall Street as a big divergence hits US stocks, leaving many investors wondering if the long-awaited cyclical trade is finally back in season. The shift comes on the heels of what many are calling the worst day of the year
The European Central Bank (ECB) is widely expected to hold key interest rates steady January’s inflation hitting the 2% target supports this “wait-and-see” approach, with the focus now on “how long” rates will remain at this level The Euro’s recent strength helps suppress imported inflation but creates a “Growth Drag” that threatens Eurozone exports Market
India’s service sector growth rebounded at the start of the year amid quicker rises in new orders and output, final data compiled by S&P Global showed on Tuesday. The seasonally adjusted HSBC India Services PMI rose to 58.5 in January from 58.0 in December. The flash score was 59.3. A score above 50.0 indicates expansion.
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
The Reserve Bank of Australia (RBA) raised its cash rate by 25 basis points to 3.85% and maintained a hawkish bias due to persistent inflationary pressures. The RBA noted that inflation is likely to remain above target for some time, reflecting greater capacity pressures in the economy, note Charlie Lay and Moses Lim from Commerzbank.
Yen selloff returned to focus in Asian trading today as investors positioned ahead of Japan’s snap election this weekend. continues to enjoy solid public support. Although recent polls show a modest dip in approval, her standing remains strong enough to anchor expectations of electoral success. More importantly for markets, her ruling Liberal Democratic Party appears
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China’s services sector started 2026 on firmer footing, though confidence remains cautious despite easing cost pressures. Via private survey RatingDog / S&P Global. Summary: China’s services sector accelerated to a three-month growth high in January New business and export orders strengthened at the start of 2026 Employment rose for the first time in six months
2026.02.03 2026.02.04 Weekly Economic Calendar for 09.02.2026–15.02.2026 Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Market participants continue to digest the outcome of the Fed’s late-January meeting, along with speculation surrounding Kevin Warsh’s nomination as its next chair. Attention is also turning to fresh data from the ISM and the US Department of Labor, which offer new insight into business activity
