The Australian Dollar declines against the US Dollar on Tuesday following the release of Australia’s Westpac Consumer Confidence, which fell 1.7% month-over-month (MoM) in January to a three-month low of 92.9, extending December’s sharp 9.0% drop amid shifting rate expectations. Reserve Bank of Australia (RBA) Governor Michele Bullock is expected to comment on concerns over […]
Summary: Nikkei and Topix surge to record highs Markets play catch-up with Wall Street rally Early election speculation boosts fiscal hopes Weak yen lifts exporters; Katayama comments fade Global risk appetite outweighs Fed concerns Japanese equities surged to record highs on Tuesday as markets played catch-up with Wall Street’s recent rally and investors leaned into
Gold Price (XAU/USD) jumps to near $4,600 during the early Asian session on Tuesday. The precious metal extends the rally after retreating from a fresh record high of $4,630 in the previous session amid uncertainty and geopolitical risks. The US Consumer Price Index (CPI) inflation data for December will take center stage later on Tuesday.
Things will get quite busy in the next 24 hours. Today’s evening session will start with a speech from the very influential NY Fed Williams at an International Economics event (look for clues regarding the upcoming Rate Decision and his views for 2026). For the rest, mid-tier data for Australia, Japan, and the UK between
‘, buttonPrevHTML: ”, }; function adaptBreadcrumbs() { let breadcrumbs = document.querySelectorAll(‘#header-breadcrumbs’); for(i = 0; i < breadcrumbs.length; i++) { let title = breadcrumbs[i].querySelector(‘.breadcrumbs-title’); let btns = breadcrumbs[i].querySelector(‘.btn-container:last-child’); if(btns && btns.children && btns.children.length) { if(parseInt(title.getBoundingClientRect().top + title.getBoundingClientRect().height / 2) == parseInt(btns.getBoundingClientRect().top + btns.getBoundingClientRect().height / 2)) { title.style=”flex-grow:1;”; } else { title.style=”flex-grow:0;”; } } else { title.style=”flex-grow:1;”;
The U.S. Treasury will auction $39 billion of 10 year note of the top of the hour. The six-month average as of the major components will be compared to the actual results to determine relative strength or weakness of the auction. The 6 month averages shows: Tail 0.1 basis points Bid to cover 2.51X Directs
Nomura has hired Mark McMillan as its global head of electronic foreign exchange, based in London. In the newly created role, McMillan will oversee the bank’s electronic FX business, encompassing trading, sales, quant and strats, according to an internal memo seen by FX Markets. Chris Torrington, global head of eFX trading and Ben Robson, global
Federal Reserve Chair Jerome Powell revealed on Sunday that the U.S. central bank has been served subpoenas by the Department of Justice that threaten criminal charges, raising concerns that the Trump administration is trying to undermine the institution’s independence. “On Friday, the Department of Justice served the Federal Reserve with grand jury subpoenas, threatening a
SanDisk (NASDAQ: SNDK) surged over 1000% since its IPO last year and it shows no signs of slowing. Today, we decode the Elliott Wave structure behind its powerful breakout. Consequently, our analysis charts a precise path to higher targets. This technical blueprint reveals a compelling setup fueled by pure momentum. Elliott Wave analysis SNDK rallied
(Partial video transcript) This week’s trading opportunity What I would like to do this week is to go short Brent crude oil. Now, there are several reasons. One is that the rally we saw the last few days because of heightened geopolitical tensions, in my opinion, is going to soon start to fizzle out, and that the
With the economic calendar nearly empty, markets are fixated on the escalating political risk surrounding Fed Chair Jerome Powell, who is now under federal criminal investigation linked to the renovation of the Fed’s headquarters and his congressional testimony on the matter. The move has taken markets by surprise, particularly given that Powell’s term as Fed
Bitcoin looks lacklustre Since the beginning of 2026, Bitcoin has traded in a more measured and nuanced environment, shaped by macroeconomic uncertainty, evolving institutional participation and shifting investor sentiment. Rather than extending the sharp correction seen at the end of last year, Bitcoin has settled into a broad consolidation phase, with prices oscillating mainly between the
2026.01.12 2026.01.12 Yen Weakens Amid BoJ Doubts And Political Uncertainty. Forecast as of 12.01.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Prolonged pauses in the monetary policy cycles of the Fed and the Bank of Japan, coupled with the growing risks of a trade war between Tokyo and Beijing, make it more likely that the upward trend in the USD/JPY
Zain Vawda Market Analyst Zain is an experienced financial markets analyst and educator with a rich tapestry of experience in the world of retail forex, economics, and market analysis. Initially starting out in a sales and business development role, his passion for economics and technical analysis propelled him towards a career as an analyst. He
‘, buttonPrevHTML: ”, }; function adaptBreadcrumbs() { let breadcrumbs = document.querySelectorAll(‘#header-breadcrumbs’); for(i = 0; i < breadcrumbs.length; i++) { let title = breadcrumbs[i].querySelector(‘.breadcrumbs-title’); let btns = breadcrumbs[i].querySelector(‘.btn-container:last-child’); if(btns && btns.children && btns.children.length) { if(parseInt(title.getBoundingClientRect().top + title.getBoundingClientRect().height / 2) == parseInt(btns.getBoundingClientRect().top + btns.getBoundingClientRect().height / 2)) { title.style=”flex-grow:1;”; } else { title.style=”flex-grow:0;”; } } else { title.style=”flex-grow:1;”;
News of a US criminal investigation into Fed Chair Jerome Powell dominated global financial headlines, injecting a fresh dose of political risk into markets. While the investigation itself was unsettling, the sharper jolt came from Powell’s unusually direct response, which framed the episode as part of a broader campaign to pressure the central bank. In
2026.01.12 2026.01.12 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 12.01.2026 Roman Oneginhttps://www.litefinance.org/blog/authors/roman-onegin/ Dear readers, I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis. The article covers the following subjects: Major Takeaways BTCUSD: Wave (Z) may target the 80,770.57 level. Consider short positions. XRPUSD: The price is expected
