On Tuesday we had official PMIs from China: Today we get the privately surveyed manufacturing PMI from Rating Dog/S&P Global. Rating Dog is the best name for an economic indicator I have ever heard of. Anyway, back to it. The two sets of PMIs out of China each month routinely tell different stories. Knowing why saves you from reading…
Gold (XAU/USD) price posts modest gains of 0.35% on Tuesday, set to end the month with losses of over 11% after retreating from monthly highs around $4,500 towards $4,000, weighed by overall US Dollar strength. The XAU/USD pair trades at $4,026 after hitting an eight-month low of $3,942 earlier in the day. XAU/USD steadies as Dollar strength keeps monthly…
2026.06.30 2026.06.30 US Dollar Eyes Consolidation Amid Three Key Uncertainties. Forecast as of 30.06.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Kevin Warsh wants the markets, rather than the Fed, to determine interest rates. He prefers that the central bank talk less and act more. Silence increases uncertainty and the risk premium. Let’s analyze the situation and develop a trading plan for the EUR/USD…
Canada’s GDP rose 0.5% in April 2026, beating forecasts, but an oil-driven rebound and a weak May estimate raise doubts about momentum.
The ECB sounds like it’s working on new rules that would increase bank buffers. The headline means the ECB is reportedly considering requiring euro-area banks to keep a larger share of their deposit base parked at the central bank. Today, banks must hold minimum reserves equal to 1% of certain liabilities, mainly customer deposits and short-term funding. The proposal…
Gold (XAU/USD) rebounds on Tuesday after falling to a fresh seven-month low of $3,941 in the Asian session, as dip buyers help the precious metal recover some of its losses. At the time of writing, XAU/USD trades around $4,030 after hitting an intraday high of $4,063. Despite the modest intraday recovery, Gold remains on track for its worst quarter…
2026.06.30 2026.06.30 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 30.06.2026 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 57,926.00. XRPUSD: The second half…
Sector Overview Today’s stock market heatmap reveals a strong performance in the technology sector, which is primarily driving overall market gains. Multinational tech giants like Nvidia (NVDA) and Advanced Micro Devices (AMD) have posted significant gains of 1.56% and 3.45% respectively, with Intel (INTC) surging by 4.67%. This points to a bullish sentiment surrounding the tech industry, likely fueled…
Gold (XAU/USD) builds on its intraday recovery from the lowest level since November 2025, touched below $3,950 earlier this Tuesday, and trades marginally higher on the day above $4,000. Any meaningful appreciation still seems elusive in the wake of a broadly firmer US Dollar. Against the backdrop of renewed Mideast tensions, mixed signals on US-Iran talks assist the USD…
2026.06.30 2026.06.30 Silver Plummets Under Pressure From Stronger Dollar. Forecast as of 30.06.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The record price surge at the beginning of the year deprived silver of an important driver—demand for physical metal. Consumers are looking for alternatives, and the XAG/USD‘s dependence on gold is rising sharply. At the same time, the decline is happening much faster. Let’s…
