CPI Y/Y 3.48% vs 3.80% expected Prior 3.40% Full report here India’s annual inflation rate climbed to 3.48% in April, a slight uptick from the 3.40% recorded in March. The headline figure remains within the Reserve Bank of India’s comfort zone of 2% to 6%, and below the medium-term target of 4%. The rise was primarily driven by firming…
ING strategists Francesco Pesole, Frantisek Taborsky and Chris Turner expect a 0.9% MoM United States (US) Consumer Price Index (CPI) print, above consensus, with core at 0.3% MoM. They argue this could reinforce hawkish repricing in the USD curve, but say Dollar upside hinges on how equities react and on developments in US-Iran talks, which they see as a…
2026.05.12 2026.05.12 Short-Term Analysis for Oil, Gold, and EURUSD for 12.05.2026 Alex Rodionovhttps://www.litefinance.org/blog/authors/alex-rodionov/ Welcome, my fellow traders! I have prepared a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of the margin zones method and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. Gold continues its short-term bearish trend. The…
If markets have one appointment circled in red this week, it’s Beijing. President Trump is paying a state visit to China from May 13 to 15 — the first visit to China by an American president in almost nine years. For traders, a diplomatic handshake can still pack plenty of market punch. Currency, commodity, and stock moves could shift…
The US-Iran conflict continues to drag on and at this stage, it looks like nothing will change for at least another week. After keeping somewhat steadier yesterday, markets are starting to run into a bit of nerves today as we see a more defensive risk posture take shape. Oil prices are climbing back up with WTI crude now up…
The Indian Rupee (INR) slumps to a fresh all-time low against the US Dollar (USD) in the opening session on Tuesday. The USD/INR pair jumps to near 95.60 as renewed tensions between the United States (US) and Iran have prompted fears of a prolonged closure of the Strait of Hormuz, a critical passage for almost 20% of global energy…
AUD/USD looks ready to stretch its uptrend! Will Aussie keep piling on pips against the U.S. dollar in the next few trading sessions?
At a glance: Oil and the USD held firm as US-Iran pessimism deepened; Trump said the ceasefire is “on life support” on Monday, with CNN reporting he is now more seriously considering a return to major combat operations, frustrated by the Hormuz closure and stalled nuclear talks The Bank of Japan held rates at its April meeting but its…
USD/CAD gains ground after being nearly flat the previous day, trading around 1.3690 during Asian hours on Tuesday. The pair is seeing renewed upward pressure as the US Dollar (USD) strengthens on the back of intensifying geopolitical risks. Global investors are pivoting toward safe-haven assets following reports of deteriorating diplomatic relations in the Middle East. The shift in sentiment…
Markets are expecting a significantly upbeat U.S. CPI to tip the scales in favor of Fed tightening soon, but what if the numbers fail to impress? Our Event Guide for the U.S. CPI points out that the prevailing stagflation narrative raises the bar for war-related price pressures to convince the Fed to act. Here’s what I’m watching on USD/CHF…
