Artificial intelligence enthusiasm, a landmark Trump-Xi summit in Beijing, and stronger-than-expected U.S. retail sales combined to push the S&P 500 above 7,500 for the first time, while the U.S. dollar advanced progressively through the day to close as the top-performing major currency. Gold declined as risk appetite improved, and Bitcoin surged past $80,000, correlating with a significant regulatory advance…
Fed Chair Powell’s eight-year run as Fed Chair officially came to an end today, and he exited with markets under heavy pressure from sharply rising yields and renewed inflation concerns. US Treasury yields surged across the curve. The 2-year note yield rose 8.7 basis points on the day and 19.0 basis points for the week to 4.079% — the…
ING analysts see Taiwan’s external demand remaining a key growth driver, led by technology exports. They expect export orders to stay very strong, even as the year-on-year rate moderates. Robust higher-tech product prices are supporting headline export values and overall growth, although they also raise import costs, tempering some of the positive impact on Taiwan’s trade balance. Export orders…
2026.05.15 2026.05.15 Gold Remains Under Pressure. Forecast as of 15.05.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Historical parallels with 2022 suggest that XAU/USD could rally amid falling oil prices, even if the Fed raises interest rates. However, Brent is unlikely to decline while the Strait of Hormuz remains blocked. Is gold doomed? Let’s discuss this and outline a trading plan. The article covers…
There are weeks when markets get one big event to digest. Then there are weeks like this one when they get handed two inflation shockers, a Fed leadership change, and a Beijing summit — all in five days, all pointing in roughly the same inconvenient direction. The U.S.-Iran ceasefire was still nominally alive at Monday’s open, but traders barely…
Powell exits amid another bond market surge Jerome Powell is leaving the Fed chairmanship at a time when the bond market is once again under pressure. The 10-year Treasury yield is posting its largest weekly rise since April 2025, climbing 23.5 basis points, or 5.39%, in just one week. After ending 2025 near 4.16%, the yield fell to a…
UOB’s Global Economics & Markets Research, led by Julia Goh and Loke Siew Ting, notes Malaysia’s 1Q26 Gross Domestic Product (GDP) grew 5.4% year-on-year, slightly above estimates but slower than 4Q25. Domestic demand and services remained key drivers, while external headwinds and the Middle East conflict are intensifying downside risks. UOB keeps its 2026 GDP growth forecast at 4.5%…
2026.05.15 2026.05.15 WTI Crude Oil: Elliott Wave Analysis and Forecast for 15.05.26–22.05.26 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 87.20 with a target of 115.70–126.00. A buy signal: the price holds above 87.20. Stop Loss: below 85.50, Take Profit: 115.70–126.00. Alternative scenario: Breakout and consolidation below 87.20 will…
After years of regulatory fog, the United States may finally be drawing clear lines around how digital assets are classified and overseen. The U.S. House of Representatives finally passed the Digital Asset Market Clarity Act (also known as the CLARITY Act), and bitcoin didn’t wait around for a second opinion. The OG crypto surged sharply higher as markets digested…
The EURUSD is trading sharply lower after breaking below a major technical support cluster defined by the 200-day moving average and the 38.2% retracement of the rally from the February 12 low. Both levels converged near 1.16806, creating an important barometer for buyers and sellers. Once the pair moved below that zone — and more importantly stayed below it…
