ING’s Chief Economist for Greater China, Lynn Song, notes that China’s CPI inflation eased to 1.0% year-on-year after Lunar New Year, while PPI turned positive for the first time since 2022. The report highlights rising energy and transportation fuel costs, suggesting further upside for inflation and a gradual shift away from entrenched deflationary expectations in China. Energy-driven price pressures…
2026.04.10 2026.04.10 EUR/USD: Elliott Wave Analysis and Forecast for 10.04.26–17.04.26 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 1.1500 with a target of 1.2088–1.2400. A buy signal: the price holds above 1.1500. Stop Loss: below 1.1460, Take Profit: 1.2088–1.2400. Alternative scenario: Breakout and consolidation below 1.1500 will allow the…
The lowest-probability scenario activated, five assets moved in the right direction, and one probability lesson will change how we build frameworks going forward.
The markets had a brief respite from the headlines from the Middle East with the release of the CPI and the later the Michigan Consumer Confidence. The latest US CPI report showed a sharp headline acceleration driven primarily by energy, while underlying inflation trends remained relatively contained. Headline CPI rose 0.9% m/m, in line with expectations but well above…
ING’s Min Joo Kang notes that KRW is trading below 1,500, with near-term moves heavily dependent on Middle East developments. The team keeps its 1,450–1,550 trading range, expecting KRW to strengthen rapidly if the war ends. They argue recent KRW weakness stems mainly from foreign equity profit-taking, with attractive Korean equity valuations helping to stabilise the currency. War risk…
2026.04.10 2026.04.10 USD/JPY: Elliott Wave Analysis and Forecast for 10.04.26–17.04.26 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 156.95 with a target of 161.00–163.00. A buy signal: the price holds above 156.95. Stop Loss: below 156.50, Take Profit: 161.00–163.00. Alternative scenario: Breakout and consolidation below the…
The major stock indices were mixed in trading today with the Dow industrial average and S&P index falling, but the NASDAQ index rising. While the indices were higher on the week with the broader S&P and NASDAQ indices closing above their 100 day moving averages. The Dow industrial average trading above its 100 day moving average yesterday and closed…
United States Monthly Budget Statement registered at $-164B, below expectations ($-156.75B) in March
2026.04.10 2026.04.10 WTI Crude Oil: Elliott Wave Analysis and Forecast for 10.04.26–17.04.26 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 85.50 with a target of 115.70–126.00. A buy signal: the price holds above 85.50. Stop Loss: below 83.80, Take Profit: 115.70–126.00. Alternative scenario: Breakout and consolidation below 85.50 will…
There is the Strait of Hormuz and then there is domestic production. In the current week, the Baker Hughes rig count fell -3 at 545. Looking at the pieces: Oil rigs aree unchanged at 411 Natural Gas is down -3 at 127. Total rigs -3 at 545. Crude oil is is trading up $0.57 at $98.45. However for the…
