The DAX Index has continued to edge higher in the European session. Investors are keeping an eye on economic data, company earnings, and global events, as Presidents Trump and Putin are set to meet tomorrow. Optimism is also growing with expectations that the Fed will cut interest rates by 25 basis points next month. Euro […]
Macron adds that Trump clearly ruled out Ukraine joining NATO during their meeting. However, he expressed willingness for the US to provide Ukraine with security guarantees as part of efforts to reach a ceasefire with Russia. For some context, NATO membership for Ukraine has been an impediment in getting any peaceful resolution with Russia. So,
A reversal through Wednesday’s trough at $118,919.91 would possibly bring the $117,921.57-$117,701.33 support band (7–9 August highs) back into view as potential support, while a failure there could see a move towards the 22 July low near $116,195.25. The density of support levels in this range reflects the multiple attempts Bitcoin has made to break
India’s wholesale prices decreased for the second straight month in July and at the fastest pace in two years, provisional data from the Ministry of Commerce and Industry revealed on Thursday. The wholesale price index, or WPI, dropped 0.58 percent year-over-year in July, following a 0.13 percent fall in June. Economists had expected a decline
This is a follow-up analysis and update of our prior report, USD/JPY Technical: Potential impending minor bullish breakout for Japanese yen, published on 8 August 2025. The emergence of the Japanese yen’s strength has materialized as expected that saw the USD/JPY recording a week-to-date drop of -0.9% at this time of writing and breaking below
2025.08.14 2025.08.14 US Dollar Slips Lower As Bessent Calls For Rate Cuts. Forecast as of 14.08.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Treasury Secretary Scott Bessent is urging the Fed to reduce interest rates by 150-175 basis points and has recommended that the Bank of Japan consider increasing rates. This divergence is weakening the US dollar, which is precisely
While the UK government was quick to take the plaudits for the Q1 showing (+0.7% q/q), let’s not forget that it has a lot to do with a surge in exports amid a frontloading of shipments before Trump’s initial reciprocal tariffs struck. As such, we are to see that effect reverse in Q2 alongside softer
Australia’s unemployment rate dropped in July and employment increased sharply, suggesting that the labor market conditions remain strong, data from the Australian Bureau of Statistics revealed Thursday. The jobless rate came in at 4.2 percent in July compared to 4.3 percent in June, which was the highest since late 2021. The 4.2 percent matched economists’
Federal Reserve Bank of Richmond President Thomas Barkin participates in a virtual conversation webinar hosted by the National Association for Business Economics 1400 US Eastern time/1800 GMT Barkin spoke in an interview with the Wall Street Journal earlier this week: Fed’s Barkin spoke to Wall Street Journal – says inflation won’t be as high as
The Shanghai Cooperation Organization (SCO, an intergovernmental organization led by China and Russia) conference will will take place about two weeks after Trump and Putin meet in Alaska. will discuss the war in Ukraine, and also the political rifts opened by the tariffs being imposed by Trump leaders from more than 20 countries, including Putin,
Elior Manier Market Analyst Elior brings over seven years of experience in financial markets to our analyst team. Since 2018, he has actively engaged in observing, charting, and trading, driven by his passion for mastering market dynamics. With a profound understanding of the geopolitical and macroeconomic forces that shape market movements, Elior focuses on analysing
Export prices in South Korea were up 1.0 percent on month in July, the Bank of Korea said on Thursday – after shrinking 1.2 percent in June. On a yearly basis, export prices fell 4.3 percent after shedding 4.5 percent in the previous month. Individually, export prices for agricultural, forestry and marine products jumped 4.2
Citibank sees Brent crude swinging between $60 and $90 depending on geopolitical and demand drivers. Analysts at Citibank said on Wednesday that Brent crude oil prices could fall into the low-$60 per barrel range if there is tangible progress toward a U.S.–Russia agreement, a development they see as easing geopolitical risk premiums in the market.
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
While the market price is in 100% chance of a September rate cut, Fed members are less assured it is needed despite the weaker jobs report from earlier this month, and continued pressure from Pres. Trump. Atlanta Fed Pres. Bostic is on the wires saying that: Feel like we have the luxury today to wait
Elior Manier Market Analyst Elior brings over seven years of experience in financial markets to our analyst team. Since 2018, he has actively engaged in observing, charting, and trading, driven by his passion for mastering market dynamics. With a profound understanding of the geopolitical and macroeconomic forces that shape market movements, Elior focuses on analysing
Crude oil inventories +3.036M vs -0.275M estimate Distillates 0.714M vs 0.725M estimate Gasoline -0.792M vs -0.693M estimate Cushing inventories 0.045M vs last week 0.453M The private estimates released late yesterday showed: . So there was a bias for crude to the upside but the build was much higher. The price of crude oil is now
