Inflation is “too high” and price pressures are broad based Rate policy likely to remain on hold for quite some time Fed policy is in a good position to navigate inflation and labor challenges Remains committed to meeting the Fed’s inflation mandate The inflation problem extends beyond tariffs It would take a lot to dethrone the dollar’s global role…
ING economists Lynn Song and Min Joo Kang expect China’s February CPI inflation to pick up to 1.0% year-on-year, mainly due to Lunar New Year effects, while the impact of higher Oil prices should appear later. They also project solid growth in exports and imports over the first two months, resulting in a larger trade surplus. Lunar New Year…
2026.03.06 2026.03.06 Gold Looks to Past Crises for Clues. Forecast as of 06.03.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The confrontation between the US, Israel, and Iran may end within a week, as it did in 2025, or drag on for a long time, as in 2022. Gold will behave differently depending on how long the conflict lasts. Let’s examine this situation and…
The major US stock indices are closing lower with the broader indices down over 1.3% and the Dow 30, down -0.95%. Looking at the closing levels: Dow industrial average -453.19 points or -0.95% at 47501.55 S&P index -90.69 points or -1.33% at 6740.02. NASDAQ index -361.31 points or -1.59% at 22387.68. Russell 2000 of small-cap stocks -60.27 points or…
China Foreign Exchange Reserves (MoM): $3.428T (January) vs $3.358T
2026.03.06 2026.03.06 GBP/USD: Elliott Wave Analysis and Forecast for 06.03.26–13.03.26 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Once the correction ends, consider long positions above 1.3000 with a target of 1.4050–1.4300. A buy signal: the price holds above 1.3000. Stop Loss: below 1.3000, Take Profit: 1.4050–1.4300. Alternative scenario: Breakout and consolidation below the level…
China gold reserves at the end of February 2026: 74.22 million troy ounces In January 2026: 74.19 million troy ounces China gold reserves value at the end of February 2026: $387.59 billion In January 2026: $369.58 billion Is anyone really surprised? China has arguably the biggest buyer out there for a while now. And that also might be evident…
Colombia Consumer Price Index (MoM) below forecasts (1.27%) in February: Actual (1.08%)
2026.03.06 2026.03.06 USD/JPY: Elliott Wave Analysis and Forecast for 06.03.26–13.03.26 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 156.40 with a target of 160.00–162.00. A buy signal: the price holds above 156.40. Stop Loss: below 156.40, Take Profit: 160.00–162.00. Alternative scenario: Breakout and consolidation below the level of 156.40…
The focus shifted to the US jobs report released at 8:30 AM from the barrage of news from the Middle East. February U.S. employment report showed a noticeable slowdown in hiring, with nonfarm payrolls falling by about 92,000, well below expectations for modest job growth. The unemployment rate edged up to 4.4% from 4.3%, pointing to some softening in…
