Cleveland Fed President Beth Hammack is sounding decidedly hawkish on monetary policy !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}
Canada lost nearly 42K jobs in August against forecasts for a 15K gain, and the unemployment rate stayed at 6.4% anyway. Wages grew 2% on the year, the slowest since November 2017 outside the pandemic years. Two days after the Bank of Canada (BoC) held at 2.25% with a rate statement that called the labour market improved, demand subdued,…
2026.09.04 2026.09.04 XAU/USD: Elliott Wave Analysis and Forecast for 04.09.26–11.09.26 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 4,282.50 with a target of 4,900.00–5,610.00. A buy signal: the price holds above 4,282.50. Stop Loss: below 4,215.00, Take Profit: 4,900.00–5,610.00. Alternative scenario: Breakout and consolidation below 4,282.50 will allow the…
It can be challenging to get back in sync with the markets after a big hiatus, so I’ve rounded up some tips that might help you get up to speed.
Prior month employment change: 75.1K Details for the month of August: Employment change: -41.7K vs +15.0K expected; prior +75.1K Unemployment rate: 6.4% vs 6.4% expected; prior 6.4% Full-time employment change: -35.9K vs prior +38.6K Part-time employment change: -5.8K vs prior +36.6K Participation rate: 65.0% vs prior 65.1% Average hourly wages for permanent employees: +2.0% YoY vs +3.0% expected; prior…
MUFG’s Michael Wan highlights a sharp strengthening in the Japanese Yen, with USD/JPY dropping from 160 to around 155.30 as the Dollar broadly weakened and Asian FX gained. The report notes uncertainty over any Bank of Japan (BoJ) intervention, discusses hawkish BoJ rhetoric, and argues that excessive Fed rate expectations should unwind, leading to a weaker Dollar over time….
2026.09.04 2026.09.04 Gold Has the Market on Its Side. Forecast as of 04.09.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Speculators are increasing their long positions, retail investors are boosting their ETF holdings, and central banks are adding to their gold reserves. Against this backdrop, buying the dip is becoming the best strategy for XAU/USD. The NFP report may provide an opportunity to put…
NZD/CAD recently fell through an ascending trend line, hinting at a likely reversal from the uptrend. Can it find more sellers on a retracement?
The ranges of estimates are important in terms of market reaction because when the actual data deviates from the expectations, it creates a surprise effect. Another important input in market’s reaction is the distribution of forecasts. In fact, although we can have a range of estimates, most forecasts might be clustered on the upper bound of the range, so…
The GBP/JPY cross stages a goodish intraday recovery from the vicinity of the 210.00 psychological mark, though it remains on track to register heavy weekly losses. Spot prices climb to the 211.80 area during the early European session on Friday and, for now, seem to have snapped a two-day losing streak to a one-month low, touched the previous day….
