Commerzbank highlights that BSP raised its policy rate by 25bp to 4.50%, signalling the start of a new tightening cycle to anchor inflation expectations. Despite a hawkish tone and higher inflation forecasts, the Peso underperforming regional peers since the Iran war as the Philippines remains highly exposed to Middle East energy prices. Rate hike fails to lift weak currency…
2026.04.24 2026.04.24 GBP/USD: Elliott Wave Analysis and Forecast for 24.04.26–01.05.26 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 the level of 1.3165 with a target of 1.3870–1.4300. A buy signal: the price holds above 1.3165. Stop Loss: below 1.3125, Take Profit: 1.3870–1.4300. Alternative scenario: Breakout and consolidation below 1.3165…
The week cycled through three scenario states before settling — and the framework’s two-tier WTI regime, DXY-first gold lens, and 7,049 equity floor all held.
The major US stock indices are closing mixed with the Dow industrial average lower while the broader S&P and NASDAQ indices are closing higher, and at record levels. A snapshot of the closing levels shows: Dow industrial average -79.61 points or -0.16% at 49230.71 S&P +56.68 points or 0.80% at 7165.08 NASDAQ index up 398.09 points or 1.63% at…
OCBC strategists Sim Moh Siong and Christopher Wong flag slight upside risks for USD/SGD as the Hormuz standoff weighs on risk appetite and imported cost pressures. While Singapore Dollar (SGD) remains a regional defensive currency, they note fading bearish momentum and rising RSI on USD/SGD, alongside expectations that Singapore inflation will accelerate toward 2% as energy-related costs from the…
2026.04.24 2026.04.24 WTI Crude Oil: Elliott Wave Analysis and Forecast for 24.04.26–01.05.26 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 79.20 with a target of 115.70–126.00. A buy signal: the price holds above 79.20. Stop Loss: below 77.50, Take Profit: 115.70–126.00. Alternative scenario: Breakout and consolidation below 79.20 will…
The Strait of Hormuz kept markets on edge all week, but blowout US data, oil swings, and a hot NZD CPI made for no shortage of action.
The NASDAQ and S&P indices close at record levels Meeting between US and Iran may not take place until Monday Global Central Banks decisions highlight next week’s calendar: Market Volatility Ahead Earnings next week: Big Tech takes center stage Trump sends WItkopf and Kushner for talks with Iran. Vance is not going US Dept of Justice drops probe of…
TD Securities strategists, including Andrew Kelvin and colleagues, expect the Bank of Canada to keep the Overnight Rate at 2.25% through the April meeting and likely for the rest of 2026. They see the Bank striking a more balanced but still cautious tone, emphasizing two-sided growth risks from higher Oil prices and USMCA renegotiation while looking through near-term inflation…
2026.04.24 2026.04.24 XAU/USD: Elliott Wave Analysis and Forecast for 24.04.26–01.05.26 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 4,397.00 with a target of 5,610.00–6,000.00. A buy signal: the price holds above 4,397.00. Stop Loss: below 4,320.00, Take Profit: 5,610.00–6,000.00. Alternative scenario: Breakout and consolidation below 4,397.00 will allow the…
