US stock market sentiment might feel frothy because it’s been a one-way TACO trade since Trump backed down on Liberation Day tariffs but most sentiment surveys weren’t overly frothy. That could be changing. The AAII survey — which is a solid one — rose in the latest week to 45% bullish from 35.1%. That’s a […]
The NA session kicks off quietly, with subdued volumes as American traders take the day off, giving markets a breather after yesterday’s upside surprise in the Non-Farm Payrolls and fresh diplomatic updates from the US – More is to come next week as we approach Trump’s infamous July 9th deadline With little on the immediate calendar,
Get some good rest with this long weekend because next week we have some important events that could potentially trigger big moves in the markets. The focus will be on Trump’s letters with the new tariff rates and the US CPI. I think the CPI will be more important given that Trump put August 1st
Germany’s factory orders declined more than expected in May on falling demand from both the domestic market and other euro area economies, official data revealed on Friday. Factory orders decreased 1.4 percent from a month ago, Destatis reported. Orders were expected to drop 0.2 percent after an upwardly revised 1.6 percent rise in April. Orders
2025.07.04 2025.07.04 XAU/USD: Elliott Wave Analysis and Forecast for 04.07.25 – 11.07.25 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider long positions from corrections above the level of 3250.00 with a target of 3600.00 – 3800.00. A buy signal: the price holds above 3250.00. Stop Loss: below 3200.00, Take Profit:
2025.07.04 2025.07.04 WTI Crude Oil: Elliott Wave Analysis and Forecast for 04.07.25 – 11.07.25 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider long positions from corrections above the level of 64.90 with a target of 80.50 – 85.00. A buy signal: the price holds above 64.90. Stop Loss: below 62.50,
Rate cuts by year-end Fed: 54 bps (95% probability of no change at the upcoming meeting) ECB: 26 bps (88% probability of no change at the upcoming meeting) BoE: 53 bps (80% probability of rate cut at the upcoming meeting) BoC: 30 bps (72% probability of no change at the upcoming meeting) RBA: 77 bps
Switzerland’s unemployment rate held steady in June after falling slightly in the previous month, the State Secretariat for Economic Affairs, or SECO, said on Friday. The unadjusted unemployment rate stood at 2.7 percent in June, the same as in May.In the corresponding month last year, the jobless rate was 2.2 percent. The number of registered
Jobs data sparks Wall Street rally Wall Street decided to throw itself a party on Thursday, with the S&P 500 and Nasdaq 100 both hitting fresh record highs in what can only be described as a classic case of American optimism in the face of looming uncertainty. The rally was sparked by a surprisingly robust jobs report
2025.07.04 2025.07.04 US Dollars Inches Higher After Strong Jobs Report. Forecast as of 04.07.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ If the US economy is truly thriving, as the US administration asserts, is there a need to further stimulate it with fiscal and monetary measures? The derivatives market perceives this as an erroneous move. Let’s discuss this topic and
We must have stability on prices ECB is fully committed to inflation target Economic system needs to become more efficient before euro can boost global currency status EU needs to cut trade barriers further within Europe, simplify regulation There’s not really much in these comments, just some token remarks in general. As things stand, the
Gold prices rose in Saudi Arabia on Friday, according to data compiled by FXStreet. The price for Gold stood at 402.86 Saudi Riyals (SAR) per gram, up compared with the SAR 401.07 it cost on Thursday. The price for Gold increased to SAR 4,698.82 per tola from SAR 4,677.96 per tola a day earlier. Unit
Trump said the U.S. will begin sending letters on Friday to inform countries of the specific tariff rates they will face Trump cited the difficulty of negotiating with over 170 nations, prefers setting fixed tariffs over extensive negotiations letters will be sent out 10 at a time will describe rates ranging from 20% to 30%
Goldman Sachs has revised down its U.S. Treasury yield forecasts, now expect the 2-year yield to close 2025 at 3.45% and the 10-year at 4.20% down from prior projections of 3.85% and 4.50% revision includes lower expectations across all key maturities Goldman Sachs cite growing chance the Federal Reserve could begin cutting interest rates earlier
India’s markets regulator bars US trading firm Jane Street from accessing the country’s securities market Getting the details on this. It’ll be interesting hearing the reasoning. Algo-driven firms like this tend to not have too many fans … but they do provide liquidity and what have you to markets (yeah, most of the time ….).
The average of household spending in Japan was up 4.7 percent on year in May, the Ministry of Economy, Trade and Industry said on Friday – coming in at 316,085 yen. That beat forecasts for an increase of 1.3 percent following the 0.1 percent contraction in April. On a monthly basis, household spending rose a
China’s Foreign Minister Wang Yi, speaking in Berlin, addressed EU concerns over rare earth export controls: “Rare earths have not been, are not, and will not be a problem between China and Europe, or between China and Germany.” “If legal applications are submitted, Europe’s and Germany’s normal needs can be met.” China imposed new export
