SaPrior was 622K New home sales change -7.3% vs -6.2% prior Sales 6.8% below the May 2025 level of 622,000 This is a terrible report and this series has been cratering since October. It looks like the jump in borrowing rates around the war halted new home sales in a big way. That should reverse with the war now…
ING’s Warren Patterson and Ewa Manthey report that Aluminium led a broad metals sell-off triggered by a sharp global equity decline and a more hawkish Federal Reserve outlook. They stress that Aluminium fundamentals remain supportive, with the global market still seen in deficit this year after conflict-related disruptions removed an estimated 3 million tonnes of production, even as easing…
2026.06.24 2026.06.24 Brent Is No Longer Needed. Forecast as of 24.06.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Oil shipments through the Strait of Hormuz have quickly returned to normal after the conflict. With Gulf countries also ramping production back to pre-war levels, Brent prices are coming under pressure. Let’s explore the key factors and develop a trading strategy. The article covers the following…
With the FOMC leaning more hawkish in its latest statement, will the Fed’s preferred inflation metric further stoke tightening expectations? Here’s what to look out for.
Medium-term inflation pressures are unchanged Ready to intervene in the FX market if necessary Full report here SNB policymaker Petra Tschudin published a report on global economic developments and monetary policy in Switzerland. She noted that the inflation outlook remains broadly under control despite recent energy-driven price pressures. Tschudin said medium-term inflation pressures are unchanged, reinforcing the SNB’s view…
The Euro (EUR) extends its losing streak against the US Dollar (USD) for the third trading day on Wednesday, trading 0.25% lower at around 1.1350 during the European session. The major currency pair faces intense selling pressure as the US Dollar outperforms due to firm speculation that the next monetary policy move by the Federal Reserve (Fed) will be…
2026.06.24 2026.06.24 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 24.06.2026 Roman Oneginhttps://www.litefinance.org/blog/authors/roman-onegin/ Dear readers, I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on Elliott Wave analysis. The article covers the following subjects: Major Takeaways BTCUSD: The price continues to decline in impulse 5. Consider short positions with a Take Profit at 59,000.00. XRPUSD: The second half…
AUD/CAD tests the .9750 support after cooler Aussie CPI, but softer oil prices may limit Loonie pressure and slow the breakdown.
There was a sense of “how far will this selloff run” as tech shares in the US stumbled yesterday. Memory chipmakers bore the brunt of the selloff as both Micron and Sandisk fell by over 13%, after having surged in Monday trade before that. The timing is uncanny with Micron set for its earnings call after the close today….
Gold prices fell in India on Wednesday, according to data compiled by FXStreet. The price for Gold stood at 12,397.88 Indian Rupees (INR) per gram, down compared with the INR 12,536.40 it cost on Tuesday. The price for Gold decreased to INR 144,611.40 per tola from INR 146,222.10 per tola a day earlier. Unit measure Gold Price in INR…
