Gold steadies below $4,500 after the previous day’s fall as traders await further clarity over US-Iran peace talks amid mixed signals. US President Donald Trump reiterated that peace talks were ongoing, while Iran said that it would suspend negotiations following fresh US strikes and an Israeli military operation in Lebanon. The uncertainty keeps geopolitical risk in play, which, along…
2026.06.02 2026.06.02 US Dollar Steadies Amid Mixed Signals on US-Iran Talks. Forecast as of 02.06.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Investors are tired not only of geopolitical tensions but also of the uncertainty surrounding the US-Iran negotiations. The markets are optimistic about a peace agreement, but if that optimism turns into disappointment, the US dollar will once again see increased demand. Let’s…
The Sunday cheat sheet set up June 1–5 as a classic NFP-week sequence — one where the labor data hierarchy from Monday’s ISM Manufacturing through Friday’s jobs report would largely determine whether the dollar’s post-PCE bearish structure continues or reverses. The Iran ceasefire situation was the wildcard layered underneath, with WTI’s behavior around $87 pegged as the early read…
India’s RBI may have sold around $12bn in gold in the two weeks to May 22 to shore up foreign exchange reserves strained by high oil prices and a weakening rupee, Bloomberg Economics estimates. Summary: Source: Times of India, citing Bloomberg Economics analysis Bloomberg Economics estimates the RBI sold approximately $12 billion in gold during the two weeks ending…
Philip Wee at DBS Group Research has raised his USD/PHP year-end 2026 forecast to 62.7 from 57.8, reflecting persistent external and domestic pressures. The closure of the Strait of Hormuz and higher Oil prices have widened trade deficits and pushed inflation well above target. Bangko Sentral ng Pilipinas (BSP) has reversed earlier easing but is reluctant to repeat the…
2026.06.02 2026.06.02 Forex Trading Tips for Beginners: How to Trade Forex Successfully Gleb Kabanovhttps://www.litefinance.org/blog/authors/gleb-kabanov/ These Forex trading tips can help traders protect their capital and improve their chances of long-term success. While Forex trading attracts millions of participants, it is far more complex than it appears on social media. Many beginners treat the market like gambling, which often leads…
The U.S. ISM services PMI for May can be influential in setting NFP expectations and dollar direction this week. Here’s what to look out for.
Trump on TruthSocial is saying Trump says reports that the U.S. and Iran stopped communicating are false. He claims discussions between U.S. and Iranian officials have continued without interruption, including over the past several days. He emphasizes that talks were active four days ago, three days ago, two days ago, one day ago, and today. Trump acknowledges uncertainty about…
Deutsche Bank analysts, including Mark Wall and team, argue Germany faces multifaceted headwinds from the Middle East conflict, with growth momentum weakening into mid‑2026. Expansionary fiscal policy is seen as the key stabilizer, keeping Gross Domestic Product (GDP) growth at 0.5% in 2026. As external conditions normalize, a fiscal-led domestic recovery is projected to lift German GDP growth to…
2026.06.02 2026.06.02 Bull vs. Bear Markets: What’s the Difference Between Bullish and Bearish? Artem Shashkovhttps://www.litefinance.org/blog/authors/artem-shashkov/ The stock market is a constantly evolving system where the decisions and emotions of millions of investors influence price movements. These movements are typically described as either bull markets or bear markets. These terms refer to more than just rising or falling prices. They…
