Why GM investors seem to like the idea of spending billions to boost U.S….
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Major European indices closing the day mostly lower
The major European indices are closing the day mostly lower. The exception is the UKs FTSE 100 which rose 0.23%. A snapshot of the closing levels are showing: German DAX -0.06% France’s CAC -0.34% UK FTSE 100 +0.23% Spain’s Ibex -0.59% Italy’s FTSE MIB -0.09% The EURUSD is stretching to new highs as European/London traders
EURUSD jumps on CPI: what are the next hurdles?
The Euro is currently leading gains across the currency board following the weaker-than-expected US CPI release, nearing a break of last week’s highs against the US Dollar. While the initial CPI reaction saw reversals in several assets, such as the Nasdaq briefly surpassing the 22,000 milestone before retreating, EUR/USD continues to consolidate at its highs.
AUD/USD climbs to new highs north of 0.6500
AUD/USD adds to the weekly advance, surpassing the 0.6500 mark. The US Dollar remains under pressure from economic data, US-China trade deal. The US CPI fell below consensus, rising by 2.4% YoY in May. The upward trend in the Aussie Dollar (AUD) continues unabated this week, with AUD/USD advancing for the third consecutive day and
Dollar Drops on CPI Miss; Trade Optimism Offers Limited Support
Dollar fell broadly following weaker-than-expected US inflation report for May, reinforcing the narrative that consumer prices have not yet felt the full brunt of tariff pressures. The data offered some relief that the feared pass-through from tariffs to end consumers hasn’t materialized, at least not yet. However, it wasn’t enough to shift expectations for the
CPI Misses, Everything (But the Dollar) Rallies–Market Reactions
US Consumer Prices came in notably weaker than expected. Specifically, Core CPI, which was anticipated at +0.3% month-over-month, registered +0.1% month-over-month, bringing the year-over-year figure to 2.8%. Headline CPI also showed a softer reading, at 0.1% m/m against a 0.2% expectation. Markets had remained subdued at the beginning of the week in anticipation of this
USD/JPY Forecast: Economists Push Back BoJ Hike Timeline
The USD/JPY forecast shows an increasing likelihood that the BoJ will delay rate hikes to next year. Talks between China and the US ended, easing trade war fears. Traders are paying close attention to the upcoming US CPI report. The USD/JPY forecast shows an increasing likelihood that the Bank of Japan will delay rate hikes
Vodafone-Three Merger: Creating UK’s Largest Mobile Operator
Transformational merger creates market leader In a significant move to strengthen its market position, Vodafone completed a £16.5 billion merger with Three UK in May 2025. The newly formed entity, VodafoneThree, now stands as the UK’s largest mobile operator, serving 27 million customers. The merger includes a commitment to invest £11 billion over the next decade
ECB’s Kazaks: Keeping 2% inflation will require some further cuts for fine tuning
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
Technical Analysis of US Crude, XAUUSD, and EURUSD for Today (June 11, 2025)
2025.06.11 2025.06.11 Short-Term Analysis for Oil, Gold, and EURUSD for 11.06.2025 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. Gold is trying to rise
Malaysia Industrial Output Growth Eases
Malaysia’s industrial output growth moderated in April amid contractions in the mining and electricity sectors, figures from the Department of Statistics showed on Wednesday. Industrial production climbed 2.7 percent year-over-year in April, slower than the 3.2 percent increase in the previous month. Production has been rising since January 2024. Among sectors, mining activity shrank 6.3
Fragile Trade Progress and CPI Ahead Keep Risk Appetite in Check
Asian equities edged modestly higher on Wednesday, lifted by the announcement that US and Chinese officials reached a “framework” to implement the Geneva trade consensus and advance commitments made in the latest Trump-Xi phone call. While officials from both sides struck an optimistic tone, the agreement remains preliminary, lacking substantive details on thornier issues. US
Asia Mid-Session: Risk-on Prevailed For Equities, GBP Underperformed, Gold Above Support
US and Chinese officials have concluded two days of trade negotiations in London, reaching a preliminary agreement aimed at easing ongoing trade tensions. The agreement outlines a framework to implement consensus points from the previous round of talks held in Switzerland on 10–11 May. If ratified by both presidents, it could pave the way for
ETH Technical Analysis as ETH Futures Conquers $2800
Ethereum (ETH) Futures: Comprehensive Analysis & Institutional Bullish Signals The past weeks have seen Ethereum (ETH) futures steadily gaining momentum, marked by increasing trading volumes and institutional inflows. The evolving landscape of Ethereum ETFs further supports a bullish short-term narrative, driving increased optimism among crypto traders and investors. This article provides a detailed technical and
US, China officials agree on plan to ease trade tensions
The United States (US) and China agreed to a preliminary deal on how to implement the consensus the two sides reached in Geneva, per Bloomberg. US negotiators said early Wednesday that they “absolutely expect” that issues around shipments of rare earth minerals and magnets will be resolved with the framework implementation, even though the full
Forex Economic Calendar Overview: Key Events for the Next Trading Week (16.06.2025–22.06.2025)
2025.06.10 2025.06.11 Weekly Economic Calendar for 16.06.2025–22.06.2025 Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Market participants are still processing last week’s US inflation report as the new week brings fresh challenges. On Wednesday, the Fed will release the minutes from its meeting and announce its interest rate decision. Currently, analysts predict a nearly 100% chance of the Fed taking a