Shares of Wendy’s are down 78% from the June 2021 peak and it’s now valued at 0.6% of McDonald’s by market cap. It was once right in the race for fast food dominance but now it’s getting trounced. First here is the bull case: The market cap is just $1.2 billion, which isn’t even 0.5% of Elon Musk’s net…
DBS economist Radhika Rao reports that India and US are close to formalising an interim trade agreement under a new framework first agreed in February. She notes India’s push for tariff advantages versus regional peers, evolving US tariff structures, ambitious purchase commitments, and India’s aim to secure better terms to boost bilateral trade and investment. Interim agreement nears under…
2026.06.23 2026.06.23 Short-Term Analysis for Oil, Gold, and EURUSD for 23.06.2026 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. The euro is trading in the Gold…
Canada’s inflation rose to 3.2% in May 2026, beating the 3.0% forecast — but gasoline’s 33.2% surge drove most of the gain while core stayed near target.
Sector Overview Today’s market heatmap reveals a day of mixed outcomes across various sectors, with technology suffering significant losses while consumer-focused industries show resilience. The semiconductor sector is clearly in the red, with leading tech giants like Nvidia and Micron taking a considerable hit, down 2.73% and 8.86%, respectively. This decline may signal looming concerns over supply chain issues…
TD Securities’ Global Strategy Team reports that June Eurozone PMIs confirm a divergence between stabilizing German manufacturing and still weak French services. German manufacturing hovers around 50 with improving sentiment and bottoming new orders, while French services remain in contraction as demand and new orders fall, forcing discounting despite cost pressures and leaving employment and confidence only tentatively recovering….
2026.06.23 2026.06.23 European Small Caps Come Into Focus. EuroStoxx 50 Forecast as of 23.06.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ For a long time, the EuroStoxx 600 has underperformed the S&P 500 due to geopolitical factors. However, the end of the conflict in the Middle East has become a game-changer. Lower Brent prices are good for the eurozone economy. Let’s discuss this topic…
Starmer’s resignation looked like trouble for the pound, but Monday’s Cable rebound showed markets weren’t reading it quite that simply.
FUNDAMENTAL OVERVIEW USD: The US dollar continues to be supported following the hawkish Fed dot plot last week as the central bank’s tightening bias led to a hawkish repricing in interest rate expectations. As a reminder, the Fed delivered a hawkish surprise by projecting a rate hike this year (the consensus was for no cuts or hikes). The market…
BNY’s John Velis and David Tam argue that Chair Kevin Warsh is steering Federal Reserve communications toward less forward guidance and a stronger emphasis on price stability. They highlight new task forces on communications and framework, warning this shift could alter volatility dynamics even as the Fed signals confidence in robust US growth and persistent inflation pressures. Less guidance,…
