NBC with the report citing Republican senators: Republicans shouldn’t back away from looking at potential changes to Medicare exploring ideas to slash “waste, fraud and abuse” in Medicare, several senators they’re open to looking at other programs, too Sen. Kevin Cramer, R-N.D., said they shouldn’t be afraid of cutting waste in Medicare “Why don’t we […]
The average of household spending in Japan was down a seasonally adjusted 1.8 percent on month in April, the Ministry of Internal Affairs and Communications said on Friday – coming in at 325,717 yen. That missed forecasts for a decline of 0.8 percent following the 0.4 percent increase in March. On a yearly basis, household
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 Dow Jones is holding steady as markets await Friday’s NFP report. Despite an overall upbeat tone to equities, market sentiment remains hobbled. The US is heading into trade talks with China, which Trump staffers historically lack the patience for. The Dow Jones Industrial Average (DJIA) held steady on Thursday, chugging quietly near the previous
In May 2025, Brazil experienced a trade surplus of $7.24 billion, marking a decline from the $7.64 billion surplus recorded in April and not meeting the market’s anticipated $8.4 billion. Export figures saw a slight decrease of 0.1% year-on-year, amounting to $30.16 billion. This was characterized by a 0.6% decrease in agricultural exports, a notable
The range has been fairly tight in US stock markets today but some sellers just took a leg lower after hitting stops below the earlier double bottom. At 0.4%, the move today isn’t large but it’s disappointing after some seeming progress between the US and China. I warned about a ‘sell the fact’ trade on
United States (US) President Donald Trump said on Truth Social on Thursday that he had a “very good phone call” with Chinese President Xi Jinping, during which they discussed the intricacies of the trade deal. “The call lasted approximately one and a half hours, and resulted in a very positive conclusion for both countries,” Trump
Euro surged against Dollar after ECB President Christine Lagarde struck a relatively confident tone in her post-meeting press conference. She downplayed immediate trade war fallout, stating that U.S. tariffs would likely impact growth more in 2026, by which time EU fiscal expansion—particularly military spending—would help cushion the blow. Also, Lagarde emphasized that the ECB is
The Euro is rallying despite the 25bps cut from the European Central Bank from this morning. The ECB Deposit Rate is now at 2% from 2.25%. The fact that the markets had the cut priced in (well-expected) led to prices were broadly unchanged – markets seesawed but came right back to their level from the
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2025.06.05 2025.06.05 Gold Prepares for Bull Run After Short Breather. Forecast as of 05.06.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Since the end of April, gold has remained in a state of consolidation. Investors believe that trade wars have begun to subside. In this case, the monetary policy and the slowdown in the US economy have provided a favorable
The USD/CAD forecast shows a cautious Bank of Canada that has boosted the Canadian dollar. Market participants are pricing a 45% chance of a BoC rate cut in July. Data revealed weaker-than-expected US private employment. The USD/CAD forecast shows a cautious Bank of Canada that has boosted the Canadian dollar. At the same time, downbeat
In a modest upturn, the UK Construction Purchasing Managers’ Index (PMI) rose to 47.9 in May 2025, up from 46.6 in April, according to the latest S&P Global report. Released on 5th June 2025, this data indicates a cautious movement towards recovery for the construction sector. Despite the May increase, the PMI reading still hovers
The decline in activity was steeper than in April but there looks to be some improvement in fortunes, led by a continued recovery in civil engineering activity. Homebuilding and commercial activity continues to stutter though but firms’ expectations for the coming year improved markedly to turn positive for the first time since the start of
2025.06.05 2025.06.05 Short-Term Analysis for Oil, Gold, and EURUSD for 05.06.2025 Alex Rodiоnovhttps://www.litefinance.org/blog/authors/alex-rodionov/ I welcome my fellow traders! I have made a price forecast for 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. Oil continues to trade in
Singapore’s retail sales increased for the second straight month in April, though at a slower pace, preliminary data from the Department of Statistics showed on Thursday. Retail sales rose 0.3 percent year-on-year in April, following an upwardly revised 1.3 percent rebound in March. Sales excluding motor vehicles increased 0.8 percent from last year versus a
