Consumer confidence surveys track how Americans feel about the economy, and those feelings move markets. The Conference Board’s Consumer Confidence Index for June 2026 came in at 91.2, missing the 94.0 forecast and landing below levels many analysts considered the floor. Days earlier, the University of Michigan’s Consumer Sentiment Index clocked its second-lowest reading on record at 49.5 for…
As per earlier reports, US official says that the US did not agree to renew USMCA in current form United States will continue to engage with Mexico and Canada to address agreements shortcomings and heartrate deficits with these countries. Agreement remains “in force” pending resolution of these issues or until agreements termination USTR will continue to consult with Congress,…
EUR/USD pares some of its losses on Wednesday as softer-than-expected US economic data and remarks from Federal Reserve (Fed) Chair Kevin Warsh weigh on the US Dollar (USD). At the time of writing, the pair is trading around 1.1387 after recovering from an intraday low of 1.1361, though it remains down about 0.30% on the day. Speaking at the…
2026.07.01 2026.07.01 What Are AI Crypto Coins? Maxim Tkachenkohttps://www.litefinance.org/blog/authors/maxim-tkachenko/ What is AI cryptocurrency? This is a question many people ask as the worlds of artificial intelligence and blockchain continue to converge. Unlike Bitcoin, which primarily serves as a store of value, AI cryptocurrencies combine AI and blockchain technology to create tokens with real-world utility. They can be used to…
Hawkish Fed expectations are running pretty high these days, but what if the June jobs report falls way short of estimates? Our Event Guide for the NFP report points out that a combination of cooling wage growth and slower hiring could be enough for markets to rethink the FOMC tightening timeline. Here’s what I’m looking at on GBP/USD and…
Every trading day begins with new information. Economic releases, geopolitical developments, central bank statements, and changes in market sentiment can all influence price movements within minutes. For this reason, successful traders rarely rely on instinct alone. Instead, they begin with a structured daily market analysis before making any trading decision. Daily market analysis is not about predicting the future…
Attention shifts to Wednesday’s release of the June ISM Manufacturing Purchasing Managers Index (PMI), one of the most closely followed indicators of activity in the US manufacturing sector and an important barometer of the broader economy. Markets expect the headline index to remain unchanged at 54, matching May’s print. That would be the sixth consecutive month with the index…
2026.07.01 2026.07.01 Brent Under Pressure as Supply Surplus Outlook Builds. Forecast as of 01.07.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The IEA and Goldman Sachs expect significant oil market surpluses in 2027. Combined with the reopening of the Strait of Hormuz, rising Iranian and Russian exports, and declining demand in Asia and Europe, this factor is pushing Brent prices lower. Let’s analyze the…
Uncle Sam drops the June labor market numbers this week, and word around is that we’ll see another month of job gains. Our Event Guide for the U.S. June Non-Farm Payrolls report points to a print that could keep September rate hike expectations alive and keep the dollar bid. If the data backs that view, USD/CHF and USD/CAD could…
Would need stronger second-round effects to justify further tightening Any inflation surprise before the July meeting more likely on the downside Oil prices could fall below pre-war levels Most oil production capacity should be restored within a quarter if conflict is over One hike could be enough if shock fades before significant second-round effects More than one hike to…
