Hassett is Trump’s director of the National Economic Council. He tends not have independent views, in my experience, merely repeating Trump’s favoured talking points. Still, that’s the poor man’s job, despite the hit to his credibility. So I wouldn’t take his views on what the Federal Reserve might or might not do as being useful. […]
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 question and answer is over and Powell played it down the middle of the road. Although the Fed Chair sees some slowing of the consumer and some employment “chinks in the armour” citing private employment it is worth waiting. Powell said that they would get two sets of jobs and inflation data between now
Portugal’s economy expanded in the second quarter after shrinking in the first three months of the year as exports and private consumption recovered, preliminary estimates from Statistics Portugal showed on Wednesday. Gross domestic product increased 0.6 percent from the first quarter, when it decreased 0.4 percent, flash estimates revealed. In the same quarter last year,
The Federal Reserve on Wednesday announced its widely expected decision to leave interest rates unchanged for the fifth consecutive meeting. In support of its dual goals of maximum employment and inflation at the rate of 2 percent over the longer run, the Fed said it decided to maintain the target range for the federal funds
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
Nvidia’s Blackwell ramp offers Super Micro a lifeline Super Micro Computer finds itself at a critical juncture as fourth quarter (Q4) results approach, with Nvidia’s Blackwell graphics processing unit (GPU) ramp-up potentially providing the catalyst for improved performance. The company’s fortunes remain closely tied to artificial intelligence (AI) infrastructure demand, and Nvidia’s latest GPU architecture could drive the
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
