The ongoing tensions between the US and Iran are poised to set the tone for global markets this week, amid reports of progress on a deal that could restore trade flows through the Strait of Hormuz. On the data front, the US faces a pivotal labor-market calendar, highlighted by the nonfarm payrolls report and complemented
Latvia’s economic growth eased in the first quarter of the year amid a decline in public spending but strong gains in investment offset the impact, and retail sales grew in April on higher demand for non-food products and automotive fuel, separate reports from the Central Statistical Bureau showed on Friday. Gross domestic product rose a
No agreement has been finalised with the United States so far The management of the Strait of Hormuz must be decided by Iran and Oman At this stage, we are focused on ending the war; we are not negotiating over Iran’s nuclear program Iran’s Foreign Ministry spokesperson Esmaeil Baghaei said no final agreement has yet
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
Taiwan’s economic growth accelerated more than initially estimated in the first quarter, the latest data by the Directorate General of Budget, Accounting, and Statistics, or DGBAS, revealed on Friday. Gross domestic product, or GDP, advanced 14.55 percent year-on-year in the March quarter, faster than the revised 12.95 percent increase in the December quarter. In the
When it comes to the electronification of foreign exchange swaps market, you’d forgive traders for having a fair amount of scepticism about the various venue initiatives springing up. Many have been down this road before. Dealers recognise a problem and work with new trading venue to address it, but sell-side firms are slow to connect,
Global markets are ending the week firmly in risk-on mode, but the enthusiasm is far from evenly distributed. Equity investors are aggressively embracing both AI-driven optimism and growing hopes that the United States and Iran are moving closer to a formal agreement extending the current ceasefire. Reports that negotiators have drafted a 60-day memorandum of
2026.05.29 2026.05.29 XAU/USD: Elliott Wave Analysis and Forecast for 29.05.26–05.06.26 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider long positions from corrections above 4,352.00 with a target of 5,610.00–6,000.00. A buy signal: the price holds above 4,352.00. Stop Loss: below 4,280.00, Take Profit: 5,610.00–6,000.00. Alternative scenario: Breakout and consolidation below
How to invest in Rolls-Royce shares Investors interested in UK aerospace and defence exposure through Rolls-Royce have several options. Here’s how to approach investing: Research Rolls-Royce’s latest results, transformation progress and aerospace industry trends thoroughly. Understanding civil aviation recovery dynamics and defence spending helps inform investment decisions. How to invest in stocks provides background. Download IG
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Key takeaways WTI crude oil is on track for its worst monthly performance since April 2025, down 16% in May as easing US-Iran tensions reduce geopolitical risk premium. Technical signals remain bearish, as WTI trades below its 20-day and 50-day moving averages within a descending channel. Further downside risks remain in play toward the US$87.60
Markets have spent the past 24 hours receiving what should have been overwhelmingly Dollar-negative news. Negotiators from Washington and Tehran reportedly finalized a draft framework that would extend the current ceasefire, reopen the Strait of Hormuz, lift restrictions on Iranian oil exports, and reduce one of the largest geopolitical risks hanging over global markets. The
CPI +3.2% vs +3.2% y/y expected Prior +2.7% HICP +3.3% vs +3.2% y/y expected Prior +2.8% The initial estimates indicate that inflation pressures in Italy continued to push up in May. The jump as it was in April owes much to a further increase in energy prices but there was also an acceleration in both
Japan’s housing starts grew notably in April, registering their first decline in six months, data from the Ministry of Land, Infrastructure, Transport, and Tourism showed on Friday.Housing starts grew 11.4 percent yearly in April, reversing a 29.3 percent slump in March. However, this was slowed than the 15.5 percent recovery expected by economists.Increases were seen
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At the end of it, this will be framed as a “deal to put an end to the conflict”. However, what it actually will be is a memorandum of understanding to lay out the necessary preconditions to facilitate nuclear discussions. And that means extending the actual negotiations phase by another 60 days. Markets remain optimistic
The New Zealand Dollar extended its powerful rally on Friday as investors interpreted the latest comments from Reserve Bank of New Zealand officials as a signal that the tightening cycle could restart sooner — and perhaps more aggressively — than previously expected. Markets had already viewed July as a live meeting after this week’s dramatic
