One more hike then extended plateau – Commerzbank

Commerzbank economists expect the European Central Bank (ECB) to leave its deposit rate at 2.50% in October, then raise it to 2.75% in December in response to persistent Eurozone inflation. With rates already seen as slightly restrictive and inflation projected to fall toward target by late 2027, they forecast the ECB depo rate staying at 2.75% throughout 2027. December…

Read more

XAU/USD: Elliott Wave Analysis and Forecast for 23.10.26–30.10.26

2026.10.23 2026.10.23 XAUUSD: Elliott Wave Analysis and Forecast for 23.10.26–30.10.26 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider short positions from corrections below the level of 4,692.78 with a target of 3,593.00–3,127.70. A sell signal: the price holds below 4,692.78. Stop Loss: above 4,760.00, Take Profit: 3,593.00–3,127.70. Alternative scenario: Breakout and consolidation above the…

Read more

Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 23.10.2026

2026.10.23 2026.10.23 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 23.10.2026 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 Elliott Wave analysis. The article covers the following subjects: Major Takeaways BTCUSD: The price continues to rise in a bullish correction (B). Consider long positions with a Take Profit at 88,766.91. XRPUSD:…

Read more

What are the main events for today?

EUROPEAN SESSION In the European session, we get the Flash PMIs for the major Eurozone economies and the UK. Given the current growth concerns, disappointing PMIs could add to fears that the recent tightening in financial conditions and the elevated energy prices are starting to strangle the economy. This scenario should result in a dovish repricing further out the…

Read more

Hormuz risks and freight costs drive prices higher – Rabobank

Rabobank strategist Molly Schwartz discusses conflicting narratives around Iran-related tanker damage in the Strait of Hormuz and rising Oil flows from the Persian Gulf. Despite higher volumes, Schwartz stresses that insurance, freight and inefficiencies keep markets far from normal, with Brent futures at their highest since April and physical benchmarks trading at steep premiums to paper contracts. Strait tensions…

Read more