Gold slips below $3,300 on upbeat US economic data, traders stay cautious ahead of the Federal Reserve’s monetary policy decision. The Federal Reserve is widely expected to keep interest rates steady, but forward guidance on rate cuts is the main market driver. Safe-haven demand remains muted amid easing global trade tensions and improving risk appetite. […]
The USD/CAD forecast shows intense pressure on the Canadian dollar ahead of the tariff deadline. Canada could face tariffs of 35% if there is no trade deal soon. Traders are expecting both the Fed and the BoC to pause. The USD/CAD forecast shows intense pressure on the Canadian dollar as the August 1 tariff deadline
2025.07.30 2025.07.30 ExxonMobil (XOM) Stock Forecast for 2025, 2026, 2027–2030 and Beyond Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Despite market fluctuations and volatile commodity prices, ExxonMobil maintains its position as a dominant force in the oil and gas sector. In the coming years, the company’s share price will be influenced by a number of factors, including the geopolitical situation,
Prior quarter -0.5% GDP 3.0% versus 2.4% estimate. GDP sales 6.3% much stronger than the 2.5% estimate. Last quarter -3.1% GDP consumer spending 1.4% versus 0.5% last quarter Core PCE 2.5% versus 2.3%. PCE prices 2.1% versus 2.9% estimate PCE Ex food, energy, and housing 2.2% versus 3.5% last quarter PCE services excluding energy and
Italy’s economy shrank for the first time in two years in the second quarter, preliminary estimate from the statistical office ISTAT showed Wednesday. Gross domestic product dropped unexpectedly by 0.1 percent sequentially, in contrast to the 0.3 percent expansion in the first quarter. This was the first fall since the second quarter 2023 and confounded
Wall Street stumbles as earnings season loses momentum Wall Street’s remarkable run hit a speed bump as disappointing corporate results dragged major indices lower from their record peaks. The S&P 500 retreated 0.30%, while the Nasdaq 100 declined 0.38% and the Dow Jones fell 0.46%. The retreat came as several household names delivered underwhelming results. UnitedHealth led the declines
The Australian dollar is showing limited movement. In the European session, AUD/USD is trading at 0.6500, down 0.15% on the day. Australian CPI eases to 2.1% Australia’s inflation rate for the second quarter came in lower than expected. Headline CPI dropped to 2.1% y/y, down from 2.4% in the prior two quarters and falling to
2025.07.30 2025.07.30 Short-Term Analysis for Oil, Gold, and EURUSD for 30.07.2025 Alex Rodiоnovhttps://www.litefinance.org/blog/authors/alex-rodionov/ I welcome my fellow traders! I have made a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. Short-term forecast for
Eurostoxx -0.1% Germany DAX -0.1% France CAC 40 +0.1% UK FTSE -0.4% Spain IBEX -0.4% Italy FTSE MIB -0.2% This comes as US futures are also largely flattish now after the more tepid showing yesterday. There’s going to be plenty to sort out in the next two days, so that will make it tricky to
The meetings in Stockholm this week were pretty straightforward as both sides are just wanting to extend the status quo for longer. And that means to delay the idea of a potential trade war as they reassess their respective positions. China confirmed the extension but the US camp later came out to say that “our
BofA Global Research has raised its year-end targets for Japan’s Topix and Nikkei Stock Average, citing the U.S.-Japan trade deal, anticipated fiscal stimulus in Japan, and supportive market conditions. In a note from two of its strategists, BofA said that while cyclical stocks may face headwinds, they still see room for gains. The firm now
ANZ New Zealand business survey Business confidence 47.8% prior 46.3% Business activity 40.6% prior 40.9% This article was written by Eamonn Sheridan at investinglive.com. Source link
2025.07.29 2025.07.30 Weekly Economic Calendar for 04.08.2025–10.08.2025 Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Volatility continues to grip the markets. Even though the US signed a bunch of trade deals with key partners last week, trade wars are still a big deal when it comes to uncertainty. Nevertheless, investors are trying to remain optimistic, as evidenced by the growth of
MAS will maintain the prevailing rate of appreciation of the S$neer policy band There will be no change to its width and the level at which it is centred more to come This article was written by Eamonn Sheridan at investinglive.com. Source link
The recent wave of tariff reductions on U.S. exports could carry broader global implications than previously appreciated, according to a note from JPMorgan economists published Monday. While the direct boost to U.S. growth is expected to be modest, the real impact may lie in how global trade rules distribute those benefits more widely. Under the
The U.S. Securities and Exchange Commission (SEC) has approved in-kind creation and redemption for cryptocurrency exchange-traded products (ETPs), marking a significant step toward improving efficiency and reducing costs in the crypto investment landscape. The change allows authorized participants to exchange ETP shares directly for the underlying crypto assets—rather than settling in cash—streamlining the creation and
Major U.S. stock indices ended the session lower, led by declines in the Russell 2000 and Dow Jones Industrial Average. The S&P 500 and NASDAQ both touched fresh intraday record highs early in the day but failed to hold gains, closing in the red as upside momentum faded. Investor sentiment appeared cautious ahead of several
