Chicago Fed Pres. Goolsby is on the wires saying US GDP and labor market are basically stable The weak retail sales represents one month of data Continued spending weakness could be worrying supported the July rate decision Notes is that the past two productivity data releases were very poor. If it persists, it could change the AI narrative Encouraged…
US Treasury yields advanced on Friday during the North American session after reversing their course following the release of US Retail Sales data, which disappointed investors. Meanwhile, the lack of news from the Middle East kept Oill prices higher, amid fears of a resumption of hostilities. US yields climb as Oil stays bid, while weak sales pressure Dollar The…
2026.08.14 2026.08.14 Gold Gets Ahead of Itself. Forecast as of 14.08.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Gold rallied to two-month highs ahead of the inflation reports, only to pull back immediately after the data was released. This seemingly paradoxical move raises a question: is XAU/USD getting carried away by its own euphoria? Let’s discuss this topic and outline a trading plan. The…
The weekly Baker Hughes rig count rises by 5 in the current week !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}
JPMorgan Chase ended its banking relationship with prediction market platform Polymarket in late 2025 over regulatory concerns, according to a Financial Times report. JPMorgan cuts banking ties with Polymarket The report noted that JPMorgan told Polymarket in October 2025 that it would need to find another banking partner. Polymarket has since moved to another lender, though it has not…
2026.08.14 2026.08.14 USD/CHF: Elliott Wave Analysis and Forecast for 14.08.26 – 21.08.26 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider short positions from corrections below the level of 0.8206 with a target of 0.7755–0.7593. A sell signal: the price holds below 0.8206. Stop Loss: above 0.8245, Take Profit: 0.7755–0.7593. Alternative scenario: Breakout and consolidation…
Trump: Pretty soon will be declaring Strait of Hormuz territory of the US !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}
The Australian Dollar advanced on Friday after US Retail Sales disappointed investors, increasing speculation that the Federal Reserve might not raise rates, as the economy showed tentative signs of weakness. The AUD/USD trades at 0.7083, up 0.34% AUD/USD Price Forecast: Technical outlook The daily chart shows the AUD/USD is bullish, but buyers remain unable to decisively crack the January…
2026.08.14 2026.08.14 EUR/USD: Elliott Wave Analysis and Forecast for 14.08.26 – 21.08.26 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 1.1438 with a target of 1.1790–1.2088. A buy signal: the correction ends and the price settles above 1.1438. Stop Loss: below 1.1395, Take Profit: 1.1790–1.2088. Alternative scenario: Breakout and…
US stocks finished mostly lower on Friday, taking some of the shine off a week that saw both the S&P 500 and Russell 2000 trade at record levels. The exception today was the small-cap Russell 2000, which bucked the broader weakness and closed at a new record high. The S&P 500 reached a fresh all-time high during the week…
