JPMorgan CEO Jamie Dimon said a fresh Labor Department report confirms the U.S. economy is losing momentum. The agency cut its estimate of nonfarm payroll growth for the year through March 2025 by 911,000 jobs, the sharpest revision in over 20 years and worse than Wall Street expected () Benchmark revisions slash 911K jobs from […]
Confidence among the U.S. small businesses increased for a second month in a row in August, largely led by stronger sales expectations and easing uncertainty, while labor quality remained the main worry for businesses, results of a monthly survey by the National Federation of Independent Business showed on Tuesday. The NFIB Small Business Optimism Index
Some contradicting headlines are influencing the US Dollar in a battle of wits right ahead of quintessential inflation data. Markets have been unable to provide a clear answer on how the upcoming FOMC (September 17th) and its rate cut expectations will affect the future outlook for the Dollar. The thesis had been that despite negative
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Major US indices has tilted to the downside with the NASDAQ index leading the way. That index is currently down -0.25% at 21,742. The NASDAQ index closed at a record level yesterday. The S&P index is also lower by -0.15% at 6485.47. The Dow industrial average is trading above and below unchanged while the Russell
Gold extends record-breaking rally to a fresh all-time high near $3,675, trading around $3,650 on Tuesday. Markets fully price in a September Fed rate cut after weaker-than-expected NFP, with a 25 bps move seen as certain. XAU/USD is consolidating just below record highs on the 1-hour chart, with RSI divergence signaling momentum fatigue. Gold (XAU/USD)
Lithuania’s trade deficit incrased in July from a year ago as exports fell amid an increase in imports, figures from the statistical office showed on Tuesday. The trade deficit rose to EUR 908.6 in July from EUR 628.4 million in the corresponding month last year. In June, the shortfall was EUR 374.8 million. Exports declined
The projected uptick underscores the resilience of services inflation, particularly in housing, healthcare, and other core components, despite the Fed’s prolonged tightening campaign. Such momentum keeps core inflation running above the pace required to achieve the 2% annual target, leaving policymakers in a difficult balancing act between curbing inflation and avoiding a sharp economic slowdown.
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
2025.09.09 2025.09.09 What Is Elliott Wave Theory and How to Use It in Trading Roman Oneginhttps://www.litefinance.org/blog/authors/roman-onegin/ Elliott waves are a form of technical analysis of financial markets developed by Ralph Nelson Elliott in the 1930s. Wave analysis has proven effective in analyzing and forecasting future price movements. The Elliott Wave Theory places significant emphasis on
The USD/JPY price analysis points south as the yen finds relief from political uncertainty. Traders are pricing a 12% chance of a massive Fed rate cut in September. The US will release benchmark revisions for jobs data between April 2024 and March 2024. The USD/JPY price analysis points south as the yen finds relief from
Historic breakthrough reflects multiple tailwinds The Nikkei 225 has crossed the 44,000 threshold for the first time, briefly reaching 44,185 before easing back. The move reflects a confluence of supportive factors, with markets pricing in both domestic and external tailwinds. Optimism around stimulus and trade has been a critical driver, reinforcing Japan’s position as one of
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2025.09.09 2025.09.09 Short-Term Analysis for Oil, Gold, and EURUSD for 09.09.2025 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. Gold continues to
In line with our mission of empowering clients throughout their trading journey, and in addition to your favourite Acuity AI tools, OneRoyal is pleased to announce we have partnered with the highly regarded tech innovator Autochartist to offer advanced technical analysis tools to our valued customers. Autochartist’s products are recognised industry wide as the leading
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The overturning of Mark Johnson’s fraud conviction in July could indicate that dealers do not owe fiduciary duties to their counterparties when pre-hedging large transactions, according to lawyers. Johnson, former head of foreign exchange cash trading at HSBC, was accused of wire fraud involving Scottish energy company Cairn over a $3.5 billion dollar/sterling transaction. In
