Prior was 98.0 Present Situation Index 129.1 vs. 135.5 prior Expectations Index 69.0 vs 73.6 prior 12-month inflation expectations 6.0% vs 6.4% prior Jobs hard-to-get at vs 16.6 prior “Consumer confidence weakened in June, erasing almost half of May’s sharp gains,” said Stephanie Guichard, Senior Economist, Global Indicators at The Conference Board. “The decline was broad-based across components, with…
Inflation in Canada, as measured by the change in the Consumer Price Index (CPI), remained unchanged at 1.7% on a yearly basis in May, Statistics Canada reported on Tuesday. This reading came in line with the market expectation. On a monthly basis, the CPI rose 0.6% following the 0.1% decline reported in April. This print surpassed the market expectation…
2025.06.24 2025.06.24 Silver Shines As Key Safe Haven. Forecast as of 24.06.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ At the beginning of the year, silver was regarded as an underdog, but it has proven resilient and has outperformed expectations. The precious metal has emerged as a competitive alternative to gold, particularly in light of rising geopolitical tensions. Let’s discuss these topics and make…
The Eurozone economy continued to show minimal growth in June as manufacturing output gains were largely offset by persistent weakness in the services sector, according to flash PMI data released Monday. While Germany showed tentative signs of improvement, France extended its contraction for a tenth consecutive month, highlighting the region’s uneven recovery trajectory. Key Takeaways from June Flash PMI…
Prior -30 This article was written by Justin Low at www.forexlive.com.
German IFO Business Climate Index outpaces estimates with 88.4 in June. EUR/USD defends minor bids near 1.1600 on German sentiment data. The headline German IFO Business Climate Index advanced to 88.4 in June from 87.5 in May. The data came in a tad higher than the market forecast of 88.3. Meanwhile, the Current Economic Assessment Index improved to 86.2 during…
2025.06.24 2025.06.24 Short-Term Analysis for Oil, Gold, and EURUSD for 24.06.2025 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. The euro continued to trade in a…
Yesterday’s headlines got traders sellin’ the U.S. dollar against major counterparts like the Loonie! Will this lead to USD/CAD extending its month-long downtrend? Here’s what we’re looking at! USD/CAD 4-hour Forex Chart by TradingView In case you missed it, the U.S. dollar has been on the back foot lately, weighed down by fresh Middle East tensions after the U.S….
From Truth Social: “Too Late” Jerome Powell, of the Fed, will be in Congress today in order to explain, among other things, why he is refusing to lower the Rate. Europe has had 10 cuts, we have had ZERO. No inflation, great economy – We should be at least two to three points lower. Would save the USA 800…
GBP/USD climbs from 1.3369 low as Bowman signals July rate cut could be appropriate. US strikes on Iran nuclear sites spark market volatility; Iranian parliament approves closing the Strait of Hormuz. UK Flash Services PMI improves to 51.3; US Manufacturing beats, Services dips slightly. The Pound Sterling (GBP) advances during the North American session, up 0.37% against the US…
