Can you rent a liquidity provider? And not just any liquidity provider, but one like JP Morgan or Deutsche Bank, to gain access to their huge client franchises? This idea was raised during the FX Markets Europe conference in London on December 3 (if you weren’t there, you missed an excellent event). In outline, the […]
Gold price loses ground to around $2,690 in Monday’s early Asian session. The upbeat US job report and surging USD weigh on the Gold price. Trump’s policy uncertainty and geopolitical risks might cap the downside for the precious metal. Gold price (XAU/USD) trades with mild losses near $2,690 on the stronger US Dollar (USD) broadly
I posted earlier on Morgan Stanley being unmoved by the jobs report: They look like they are on a desert island though, analysts elsewhere are dialling back rate cut expectations. Goldman Sachs for example: Adam had the big call from Bank of America posted on Friday: Adding a bit more on that call: “The jobs
December payroll data from the US was much stronger than expected: The +256,000 headline significantly beat expectations of 160,000. The highest expected was +200,000, while the 140K-185K range showed the most clustering. If you didn’t know this going into the data you are missing out. Results that are well outside of what is expected usually
The number of building consents issued in New Zealand was up a seasonally adjusted 5.3 percent on month in November, Statistics New Zealand said on Monday – erasing the 5.2 percent decline in October. In November, there were 3,100 new dwellings consented, including 1,437 townhouses, flats, and units; 1,402 stand-alone houses; 186 apartments; and 75
UPCOMING EVENTS: Monday: NY Fed Inflation Expectations. Tuesday: US NFIB Small Business Optimism Index, US PPI. Wednesday: UK CPI, US CPI. Thursday: Japan PPI, Australia Employment report, UK GDP, US Retail Sales, US Jobless Claims, US Import Prices, US NAHB Housing Market Index, New Zealand Manufacturing PMI. Friday: China activity data, UK Retail Sales, US
The price of any financial markets news assets – stocks, currencies, oil, metals and others – depends on the market events. All changes in prices are reaction to the news. Analysis of market events is the most important tool for forecasting price movements. Without analyzing the global economic, political, or financial news, it is impossible
The US markets last week were shaped by two dominant themes: uncertainty surrounding trade policies of the incoming US administration and the impact of robust US economic data. Initial market confusion, driven by ambiguous signals regarding tariffs, created significant volatility. However, this indecisiveness gave way to clarity as strong US data reaffirmed the resilience of
The most-interesting Federal Reserve decision of Trump’s Presidency is likely to be June 17, 2026. That is a meeting that contains economic projections and will also be the first meeting chaired by Trump’s FOMC Chairman. He has frequently lamented his choice of Powell, in part because the Fed Chair took a hard line against political
Gold rebounds 0.69% despite significant US job additions, challenging Fed’s rate cut path. Gold recovers from post-labor report drop as investors weigh Fed’s cautious disinflation stance. Upcoming US inflation and retail sales data set to influence gold’s trajectory, Fed policy. Gold price rebounded off daily lows on Friday, extending its rally for the fourth consecutive
Investing.com — The surged to multi-year highs on Friday, hitting a level that an expert said would mark the pricing in of the ‘Trump Trade,’ leaving little room for further upside and creating an opportunity to turn bearish on the greenback. The jumped 0.5% to to 109.67, and had earlier hit 109.91 — its highest level since November 2022. “Start selling
Strong US Jobs Report Impacts Fed Expectations with some analysts now predicting no cuts at all. The S&P 500 experienced a sell-off, breaking below key support levels and raising concerns about further potential downside. US inflation and retail sales data will be crucial in shaping market expectations for future monetary policy. In addition to US
2025.01.10 2025.01.10 XAU/USD: Elliott Wave Analysis and Forecast for 10.01.25 – 17.01.25 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: After the correction ends, consider short positions below the level of 2728.40 with a target of 2500.00 – 2418.82. A sell signal: the price holds below 2728.40. Stop Loss: above 2735.00,
The greenback is heading for a sixth week of gains. Market participants fear a 25% tariff on Canadian goods. Traders are cautious ahead of employment figures from Canada and the US. The USD/CAD price analysis indicates increased tariff uncertainty, which has given the dollar an edge over its peers, such as the Canadian dollar. At
The yen is slightly higher on Friday. In the European session, USD/JPY is trading at 157.89, down 0.12% on the day. Japan’s household spending continues to decline Japanese consumers are holding tight on the purse strings and that could spell tr0uble for Japan’s fragile economy. Annually, household spending declined by 0.4% in November, following a
