The US labour market debate is divided. Ask consumers and they’ll tell you hiring conditions are the worst since the mid-2010s (ex-pandemic). Ask the initial claims data and you’d conclude companies won’t let anyone go. Today the Fed’s Barkin reiterated that it’s a low-hire, low-fire economy. Zoom out and the pain is concentrated in one place: people trying to…
The Pound Sterling edges higher by some 0.29%, yet it remains trading sideways, unable to decisively crack 1.3500 after reaching a weekly peak of 1.3506, and has retreated to the 1.3490 area. GBP/USD Price Forecast: Technical outlook The technical picture shows that GBP/USD is consolidating, yet it is slightly tilted to the upside after clearing the 200-day Simple Moving…
2026.08.07 2026.08.07 XAU/USD: Elliott Wave Analysis and Forecast for 07.08.26 – 14.08.26 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 4,115.00 with a target of 4,900.00–5,610.00. A buy signal: the price holds above 4,115.00. Stop Loss: below 4,045.00, Take Profit: 4,900.00–5,610.00. Alternative scenario: Breakout and consolidation below the level…
Canada added 75,000 jobs in July 2026, far above forecasts, pushing unemployment to a two-year low of 6.4%. But wage growth is cooling fast.
New York Fed survey: One year inflation expectations dip to 3.6% from 3.7% !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}
ING Commodities Strategist Ewa Manthey highlights that Copper has surged back near record highs as traders accelerate shipments into the US ahead of potential import tariffs, tightening physical markets and draining LME inventories. She notes constrained mine supply, low treatment charges and strong electrification-related demand, but warns that any policy disappointment or narrower-than-expected tariffs could trigger a correction and…
2026.08.07 2026.08.07 WTI Crude Oil: Elliott Wave Analysis and Forecast for 07.08.26 – 14.08.26 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider long positions from corrections above 67.00 with a target of 105.17–115.50. A buy signal: the price holds above 67.00. Stop Loss: below 65.50, Take Profit: 105.17–115.50. Alternative scenario: Breakout and consolidation below…
There’s nothing wrong with setting high expectations, but problems could arise when you set unrealistic ones. Here’s how you can manage your trading expectations.
investingLive European markets wrap: Gold advances, dollar muted ahead of NFP !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}
Pi Network (PI) edges lower on Friday, extending the losses from the previous day. Retail demand holds firm in the near term, as PI futures Open Interest has remained above $9 million over the last three days. The technical outlook for PI highlights a downside risk as the price remains capped by an overhead trendline near $0.0910. Pi Network…
