Trump threatens fresh UK tariffs unless London drops its 2% digital services tax on large US tech platforms. The levy raises £800m annually and has survived prior UK-US trade talks. Trump has threatened tariffs on the UK unless it scraps its Digital Services Tax The DST is a 2% levy on revenues from large digital platforms operating in the…
BNY’s Geoff Yu highlights that higher energy prices and gas market stress have not yet pushed key ASEAN economies into unsustainable external deficits. Bank Indonesia (BI) focuses on defending the Indonesian Rupiah (IDR) and strengthening the balance of payments, while the region as a whole still runs a modest trade surplus. Yu argues reserves should smooth volatility, with adjustment…
2026.04.23 2026.04.23 US Dollar Soars as US–Iran Tensions Fuel Safe-Haven Demand. Forecast as of 23.04.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ As the conflict in the Middle East has escalated, the US dollar’s share of international payments has risen to its highest level since 2023. Strong demand for the greenback is emerging as a new bearish factor for the EUR/USD pair. Let’s analyze…
Iran’s formal refusal to join ceasefire talks sent oil surging nearly 7% and equities sharply lower, while strong U.S. data and Warsh’s Fed hearing supported the dollar.
I’m not sure if this is reflective of Trump doing his usual raging at the media or a sign that he’s increasingly hawkish. The market hasn’t taken it badly. For those people, fewer in number now than ever before, that are reading The Failing New York Times, or watching Fake News CNN, that think that I am “anxious” to…
BNY’s Geoff Yu notes that Latin American (LatAm) currencies have been the standout Emerging Markets (EM) FX performers, with holdings remaining strong throughout the conflict and supported by attractive nominal and real rates. However, he warns that if risk appetite broadens after the ceasefire, flows could rotate into cheaper APAC (Asia-Pacific) and EMEA (Europe, the Middle East, and Africa)…
2026.04.23 2026.04.23 Short-Term Analysis for Oil, Gold, and EURUSD for 23.04.2026 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. Oil prices are still rising. The article…
Risk appetite revived Wednesday as Trump extended the Iran ceasefire indefinitely and strong earnings lifted the S&P 500 to a record high while Bitcoin surged over 4%.
Prior was 49.8 Manufacturing 54.0 vs 52.5 expected – -highest since May 2022 Prior manufacturing 52.4 Composite 52.0 vs 50.5 expected Composite prior was 51.4 Employment basically flat for a second month Input cost inflation at an 11-month high Output prices rising at the fastest pace since July 2022 This is a two-month high in services and a nice…
Rabobank’s Global Strategist Michael Every highlights how United States (US) economic statecraft is reinforcing the global role of the US Dollar (USD) through tools such as suspended Dollar shipments to Iraq and potential new swap lines for Gulf and Asian allies. He argues traditional FX benchmarks like EUR/USD, GBP/USD and USD/JPY are becoming less central in a resource- and…
