Cereal and packaged food giant General Mills reported earnings this week and the read from the was unambiguous: the consumer is stressed, staying stressed, and the company is planning around it rather than hoping for a turn. The core messages is that they don’t assume any improvement. Dana McNabb (COO) laid it out directly: “What we are anticipating is…
Mexico Consumer Confidence rose from previous 43.1 to 43.8 in June
2026.07.03 2026.07.03 XAU/USD: Elliott Wave Analysis and Forecast for 03.07.26–10.07.26 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 3,927.70 with a target of 4,900.00–5,610.00. A buy signal: the price holds above 3,927.70. Stop Loss: below 3,860.00, Take Profit: 4,900.00–5,610.00. Alternative scenario: Breakout and consolidation below 3,927.70 will allow the…
With the June NFP already released, will the ISM services PMI still move USD pairs? Here’s what to look out for.
FUNDAMENTAL OVERVIEW USD: The US dollar has weakened across the board yesterday following the US NFP report. The data wasn’t bad, but it was enough to trigger a slightly dovish repricing in interest rate expectations. The chances for a July hike dropped to 17% vs 30% before the NFP release, and the probabilities for a move in September stand…
Germany HCOB Composite PMI above expectations (48) in June: Actual (49.5)
June’s soft jobs report hit the dollar and cooled Fed hike bets, even as unemployment fell for the wrong reason.
It’s a quick drop of around 50 pips for USD/JPY this time, with the timing of things being somewhat similar to when the drop yesterday occurred. This time around at least, we’re seeing the dollar also stay under pressure across the board after having softened following the US non-farm payrolls yesterday. In case you missed it: US June non-farm…
Gold prices rose in Pakistan on Friday, according to data compiled by FXStreet. The price for Gold stood at 37,266.16 Pakistani Rupees (PKR) per gram, up compared with the PKR 36,768.36 it cost on Thursday. The price for Gold increased to PKR 434,662.00 per tola from PKR 428,858.90 per tola a day earlier. Unit measure Gold Price in PKR…
Spot gold prices are about to hit a key resistance zone! Will the precious metal extend a months-long downtrend in the next trading sessions?
