BofA raised its year-end targets for Japan’s Topix and Nikkei

BofA raised its year-end targets for Japan’s Topix and Nikkei

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

Forex Economic Calendar Overview: Key Events for the Next Trading Week (04.08.2025–10.08.2025)

Forex Economic Calendar Overview: Key Events for the Next Trading Week (04.08.2025–10.08.2025)

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

SEC approves in-kind creation for crypto ETPs, aiming to boost market efficiency

SEC approves in-kind creation for crypto ETPs, aiming to boost market efficiency

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

Crude oil runs higher on threat of sanctions on Russian oil

Crude oil runs higher on threat of sanctions on Russian oil

President Trump has warned that sanctions targeting Russian oil could take effect in just 10 days. He’s threatening steep tariffs on countries that continue buying Russian oil, signaling that the rates won’t be low. The possibility of removing Russian supply from global markets has pushed crude oil prices higher. Technically: Crude moved back above its

Belgium Economic Growth Slightly Slows In Q2

Belgium Economic Growth Slightly Slows In Q2

Belgium’s economic growth eased modestly in the second quarter of the year, reversing the improvement seen in the first three months of the year, preliminary data from the National Bank of Belgium showed on Tuesday. Gross domestic product grew a calendar and seasonally adjusted 0.2 percent from the first quarter, when the economy expanded 0.4

EURUSD selloff deepens as yearly highs fade from view

EURUSD selloff deepens as yearly highs fade from view

The Euro had been on a strong run this year, and only a few events could stop its uptrend in the first half of 2025. Between new infrastructure deals, unification behind the Ukrainian cause, and the constant mess-ups from the Trump Administration, EUR/USD had many reasons go higher. But Markets are forward-looking, and all these

Turn of the skew: FX options dealers balance fragile market

Turn of the skew: FX options dealers balance fragile market

Macro hedge funds like Rokos Capital Management and Bridgewater may have profited from foreign exchange volatility during the second quarter, but for options dealers the market has become increasingly precarious. Since US president Donald Trump’s explosive tariff policy announcement in April, positioning has been firmly geared towards US dollar weakening across G10 currencies. A July

​Novo Nordisk Cuts Outlook As Wegovy Demand Slows​

​Novo Nordisk Cuts Outlook As Wegovy Demand Slows​

​​​Wegovy momentum stalls as reality bites ​Novo Nordisk’s decision to slash its 2025 outlook represents a sobering reality check for the weight-loss drug market that had captured investor imagination. The company’s guidance cut from 13-21% sales growth to just 8-14% signals that the initial euphoria around GLP-1 medications may have been overdone. ​US Wegovy prescriptions

Markets Back Dollar Strength, Await Australian Inflation Clarity

Markets Back Dollar Strength, Await Australian Inflation Clarity

Dollar’s broad-based advance continues today, underpinned by firm sentiment that recent US trade deals with the EU and Japan mark the clearing of major global trade risks, at least for now. Though US–China talks continue in Stockholm, markets appear unbothered. Officials on both sides have indicated willingness to negotiate terms and extend the August 12

USDCHF Technical Analysis – We are trading at a key resistance zone

USDCHF Technical Analysis – We are trading at a key resistance zone

Fundamental Overview The USD regained some ground in the final part of last week and extended the gains yesterday although we haven’t got any meaningful catalyst for the move. Overall, we continue to range as the market is waiting for something new for the next sustained trend. Given that the “short US dollar” is now

Scroll to Top