The Bank of Japan (BoJ) kept its benchmark interest rate unchanged at 0.5% today, triggering a significant weakening of the Japanese yen across major currency pairs. The decision reflects the central bank’s cautious stance amid ongoing global trade uncertainties and domestic economic headwinds. Key Takeaways: Maintained its benchmark rate at 0.5%, as widely expected Revised growth forecasts downward, citing…
SPX daily ‘Buy America’ is the theme as the market anticipates some kind of trade deal to be announced later today. That’s led to strong US dollar bids across the board that have accelerated in the last hour. In addition, stock markets are at the highs of the day with the S&P 500 up 1.4% and the Nasdaq up…
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2025.05.01 2025.05.01 Gold Bubble Bursts. Forecast as of 01.05.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Investors bought gold as its value continued to climb. Although the uptrend was supported by strong fundamentals, it proved insufficient to propel prices above the $3,500 level. At the same time, there were indications of a potential reversal. Let’s discuss this topic and make a trading plan. The…
Market participants had plenty to deal with on Tuesday, as U.S. equity indices took cues from big tech earnings data, crude oil caved to another round of bearish updates, and top-tier U.S. inflation and growth data were printed. Here are the updates you need to know: Headlines: New Zealand ANZ Business Confidence for April 2025: 49.3 (50.0 forecast; 57.5…
WTI crude oil daily chart The near 3% drop today sees oil poised for a potential decline of over 10% this week with not much reprieve in sight. The previous low in April this year touched $55.15 before a bounce on the tariffs pause. But even then, it hardly resulted in a change in confidence in the oil market….
Former US Treasury Secretary Janet Yellen said on Thursday that US President Donald “Trump’s tariffs to have a ‘tremendously adverse’ impact on the economy.” Additional comments They ‘hobble’ companies that rely on critical minerals supplies from China. About 40% of goods imported into the country were inputs for domestic production. The odds for a recession have gone up. Tariffs…
2025.05.01 2025.05.01 Short-Term Analysis for Oil, Gold, and EURUSD for 01.05.2025 Alex Rodiоnovhttps://www.litefinance.org/blog/authors/alex-rodionov/ I welcome my fellow traders! I have made a price forecast for the 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. Short-term forecast for oil, gold, and euro-dollar…
Markets just brushed off a surprise Q1 GDP contraction with a solid rebound, and now all eyes are on the April jobs report. Will the labor market show cracks or hold steady in the face of tariffs and recession chatter? Here are points you should know if you’re trading Friday’s U.S. NFP report! This Article Is For…
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 invest money that you…
