Summary points: Asia-Pac equities recovered from an early sell-off, with the Nikkei and KOSPI leading a broad-based bounce back into positive territory Japan’s services PMI rose to 52.2 in June from 50.0, with a stronger yen and softer oil prices driving rotation out of tech into cyclicals and consumer names Gold jumped over 1% as soft US jobs data…
China’s Services Purchasing Managers’ Index (PMI) declined to 54.1 in June from 54.4 in May, the latest data published by RatingDog showed on Friday. This figure still marked the third-steepest increase in services activity in nearly three years. Services exports grew for a second consecutive month, expanding at the fastest rate since October 2024. The Chinese proxy, the…
2026.07.02 2026.07.02 Short-Term Analysis for Oil, Gold, and EURUSD for 02.07.2026 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. Short-term forecast for oil, gold, and euro-dollar…
A bearish MACD crossover on USD/CHF hints at fading upside momentum after recent highs. Is a deeper pullback next?
The headline return to expansion is unlikely to shift RBA rate expectations much given it was driven by staffing rather than demand, with new orders now contracting for a fourth straight month and backlogs being run down rather than rebuilt. The sharpest signal for markets is the confidence collapse to a two-and-a-half-year low, which points to businesses pulling back…
UOB’s Global Economics & Markets Research highlights that Thailand’s external buffers remain credible, but current-account dynamics have turned less favorable. Apr–May deficits reflect strong imports of energy and capital goods alongside resilient exports, reducing domestic value-added. The Baht is seen supported by structural buffers, yet near-term FX performance will stay sensitive to Oil prices, Fed expectations and current-account data….
2026.07.02 2026.07.02 US Dollar Firms as Focus Shifts to US Jobs Report. Forecast as of 02.07.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ New Fed Chair Warsh wants the markets to do all the heavy lifting for the regulator, and so far he is succeeding. The decline in inflation expectations suggests that investors are more than ready to do this for the Fed. Let’s…
Here are three reasons why you’ll have better luck being the first trader to reach the sun than finding a “holy grail” for forex trading.
American officials were worried that Israel was plotting to kill Abbas Araghchi, Iran’s foreign minister, and Mohammad Bagher Ghalibaf, the speaker of the parliament, during ceasefire negotiations in April. The NYT reports. Fearful that an Israeli assassination effort would doom the negotiations, the United States, according to some of the officials, went so far as to ask other countries…
The US Dollar Index (DXY) trades under pressure on Thursday as weaker-than-expected US Nonfarm Payrolls (NFP) data dent expectations of a near-term Federal Reserve (Fed) rate hike. The index, which tracks the Greenback’s value against a basket of six major currencies, trades around 100.88 at the time of writing after hitting a two-week low of 100.56 earlier in the…
