Gold drops 0.27% after Fed cites tariff-driven inflation concerns; yields rebound, stalling bullion’s rally. Fed minutes highlight risks of persistent inflation and weakening job growth, prompting cautious rate stance. US bond yields rebound, lifting the Dollar and pressuring Gold below $3,300. Goldman Sachs urges increased Gold exposure amid rising geopolitical risks and central bank demand.
USDJPY technicals The USDJPY began the U.S. session trading between two key technical levels: the 100-bar moving average on the 4-hour chart at 144.77 and the 200-hour moving average at 143.97. Both buyers and sellers initially leaned against these levels, leading to a period of consolidation. During the session, the pair broke above the 100-bar
European Central Bank (ECB) Governing Council member and head of the Dutch central bank De Nederlandsche Bank (DNB) Klass Knot noted on Wednesday that the current outlook on European inflation is murky, making it difficult for the ECB to engage in direct moves. Key highlights Medium-term inflation outlook is more ambiguous. Near-term growth and inflation
Currently trading at around ~1.34650, GBP/USD trades 0.32% lower in today’s session. Easing from multi-year highs made last week, cable continues to benefit from robust economic data and underlying dollar weakness. /* Requesting advertisement by calling an endpoint assures that the advertisement is never cached together with the page. 32Q2J – is a forced measure
2025.05.28 2025.05.28 Visa Stock Forecast for 2025, 2026, 2027–2030 and Beyond Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Visa Inc. is an international company specializing in payment technologies. It was founded in 1958 and went public in 2008. The company runs one of the world’s largest electronic payment networks, operating in over 200 countries. Notable acquisitions such as Cybersource and
Dollar’s near-term rebound is still intact as markets head into US session. But appears to be fading as traders await fresh catalysts. While the greenback has benefited from stabilizing sentiment, there’s a lack of conviction behind the move, particularly with no data releases of note today. Markets are now turning their attention to the upcoming
BATS 2025 outlook amid challenging conditions As British American Tobacco (BATS) approaches its 2025 half-year trading update on 3 June, investors are closely monitoring the company’s performance amid a challenging global landscape. BATS has projected approximately 1% revenue growth for 2025, with adjusted operating profit expected to rise between 1.5% and 2.5%. This conservative forecast reflects
Belgium’s economy expanded as initially estimated in the first quarter of 2025, the latest data from the National Bank of Belgium showed on Wednesday. Separate official data showed that consumer price inflation eased in May to the lowest level in nearly one-and-a-half years. Gross domestic product grew seasonally and calendar-adjusted 0.4 percent in the first quarter, slightly
Prior -5.1% Market index 235.7 vs 238.5 prior Purchase index 162.1 vs 157.8 prior Refinance index 634.1 vs 682.5 prior 30-year mortgage rate 6.98% vs 6.92% prior The slight drop in mortgage applications in the past week is led by a decline in refinancing activity, partially offset by higher purchase activity. But with rates still
USDJPY outlook turned bullish after Japanese bond market intervention and easing U.S.-EU trade tensions lifted the pair. A bullish reversal pattern formed, hinting at a short-term bottom, but the broader trend remains bearish. Market focus now turns to U.S. data for further dollar strength and to Japanese yields for signs of renewed yen support. The
2025.05.28 2025.05.28 Loonie Loses Ground As Trade War Continues. Forecast as of 28.05.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Despite delays and exceptions, the ongoing trade tensions between the US and Canada persist. The trade war damages the Canadian economy, prompting the central bank to take proactive measures. Let’s discuss this topic and make a trading plan for the
The US Dollar remains firm, drawing support from the positive US Consumer Confidence data and easing trade war fears. The CAD remains on the defensive amid lower Oil prices and hopes of further BoC cuts. Later today, the tone of the FOMC minutes is likely to confirm the US Dollar’s near-term direction. The US Dollar
All eyes on Nvidia Donald Trump’s latest tariff turnaround has helped markets to start the final week of May in strong form. For now, we can all take trade wars off our radar, at least until the 90-day pauses start to expire. This leaves us with Nvidia earnings as the main event of the week. For
2025.05.28 2025.05.28 Europe Ready to Face Hurdles in Effort to Boost Euro. Forecast as of 28.05.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Despite a 15% devaluation of the US dollar during Donald Trump’s first term as president, this adjustment did not adequately address the US trade deficit. This will require a 50% devaluation. Let’s review the historical context, discuss
Prior -1.0% That marks the sharpest monthly decline in import prices since the Covid pandemic period. That said, the drop is largely driven by a plunge in energy prices which fell by 11.2% on the month. If you strip that out, import prices were down 0.8% compared to March. This article was written by Justin
EUR/USD depreciates as the US Dollar strengthens, as US yields weaken due to Japan’s potential cuts in government debt issuance. The Greenback gains ground ahead of the May 7 FOMC Meeting Minutes release on Wednesday. Trump expressed his satisfaction as the EU is speeding up the process to reach a trade deal with the United
