The Indian Rupee (INR) opens on a weak note against the US Dollar (USD) on Wednesday. The USD/INR pair rises to near 88.80 as the Indian Rupee underperforms ahead of the release of India’s Consumer Price Index (CPI) data for October at 10:30 GMT. Economists expect India’s retail inflation to have grown 0.48% on an
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Chinese banks reportedly issuing ‘phantom loans’ to hit targets amid weak economy Chinese banks are reportedly resorting to “quick-lend-and-recover” tactics to meet government-mandated lending quotas as real-world demand for credit falters in the slowing economy. According to bankers, this practice involves issuing short-term loans, only to reclaim them weeks later. The strategy helps banks meet
2025.11.10 2025.11.12 Weekly Economic Calendar for 17.11.2025–23.11.2025 Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Market sentiment is gradually turning positive after the resolution of the US government shutdown earlier this week. Investors are still digesting last week’s inflation data as they try to predict the Fed’s next move at its December meeting. Investors will carefully study the Fed’s October meeting
The M2 money stock in Japan was up 1.6 percent on year in October, the Bank of Japan said on Wednesday – coming in at 1,270.1 trillion yen. That was shy of expectations for an increase of 1.8 percent following the downwardly revised 1.5 percent increase in September (originally 1.6 percent). The M3 money stock
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
The Euro advances during the North American session posting gains of 0.30% as the Greenback tumbles on worse than expected US ADP jobs data and business turning pessimistic on the economic outlook. The EUR/USD trades at 1.1590 after bouncing of daily lows of 1.1547. Euro gains as soft ADP report, business pessimism reinforce bets for
Germany’s DAX index concluded trading up by approximately 0.5% at a one-week high of 24,096 on Tuesday, marking a second consecutive day of gains. This positive movement was largely fueled by rising optimism regarding a resolution to the US government shutdown. On Monday, the US Senate approved a temporary spending measure, which awaits approval from
The major European indices are closing with a solid gains led by Spain’s Ibex, and Italy’s FTSE MIB and France’s CAC. The FTSE 100, and Spain’s Ibex closed at record levels again. The Italy’s FTSE MIB close that the lowest level going back to 2000 (its kind of amazing that the Italy’s FTSE MIB was
Real earnings separate today’s tech from dot-com dreams The current technology rally bears superficial resemblance to the late 1990s bubble, but the fundamental differences prove striking. Nvidia generates over $60 billion in annual revenue with margins exceeding 50%, whilst trading at approximately 40 times forward earnings. Compare that valuation to Cisco in 2000, which commanded 200 times
As our members know we have had many profitable trading setups recently. In this technical article, we are going to talk about another Elliott Wave trading setup we got in S&P 500 ETF. SPY has completed its correction exactly at the Equal Legs zone, also known as the Blue Box Area. In this article, we’ll break down
Institutional investors take profit on gold trades – FX Markets Skip to main content End of drawer navigation content Hedge funds trimmed longs after gold rally and triggered massive market selloff Following a 50% year-to-date rally in gold prices to more than $4,000 an ounce, institutional investors have begun closing some of their long positions
Sterling fell mildly across the board today as weak UK labor market data reinforced expectations that the BoE would deliver a rate cut in December. Yet, as seen in comments from MPC member Megan Greene, not all policymakers are convinced, leaving December’s decision finely balanced. The data comes just days after a closely divided 5–4
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XRP recovery on the wane XRP has shifted into the spotlight this week as new institutional pathways and regulatory cues begin to reshape the narrative around the token. The Depository Trust & Clearing Corporation (DTCC) listed five spot-XRP exchange-traded funds (ETFs) in its “active/pre-launch” category, signalling a tangible step toward US institutional access. Alongside this,
This is not a market-moving report. The data is basically in line with expectations. The agency said: “The NFIB Small Business Optimism Index declined 0.6 points in October to 98.2 but remained above its 52-year average of 98. The Uncertainty Index fell 12 points from September to 88, the lowest reading of this year.“ Bill
In the UK, regular pay (not including bonuses) increased by 4.6% in the three months leading up to September 2025 compared to the year before. The average regular weekly pay was GBP 684. This rate of increase was slightly slower than the 4.7% rise seen in the previous three months and matched what analysts expected.
