The Reserve Bank of Australia (RBA) published the Minutes of its June monetary policy meeting this Tuesday, with the details below. Additional takeaways: RBA board noted housing market softer than expected amid rate increases, tax adjustments. Recent data varied, indicates economy slowing broadly as anticipated. RBA board agrees financial conditions are likely somewhat tight. Weakening housing market, anticipated slowdown…
Australia’s labor market swung back hard in May, printing a strong rebound over the dismal decline back in April and bringing the jobless rate down a notch to 4.4%. On the surface, this was a clear beat. Underlying figures, however, painted a different picture as part-time hiring accounted for the majority of the gains while hours worked fell. The…
A pre-December BOJ rate hike would accelerate yen appreciation pressure and tighten the interest rate differential with the Federal Reserve and ECB at a time when those central banks are themselves navigating uncertain policy paths. Japanese government bond yields would face upward pressure across the curve if the market begins to price an earlier move, with knock-on effects for…
Geoff Yu at BNY highlights that the PBoC’s new overnight liquidity tool was launched at 1.25%, below consensus and the seven-day reverse repo rate, sending a dovish signal. The facility aims to smooth short-end funding and cash market volatility. Government bond yields edged lower and USD/CNY slipped, as markets priced a modest easing in Chinese financial conditions. Short-end rates…
2026.06.29 2026.06.29 US Dollar Eyes Biggest Monthly Gain as Gulf Tensions Resurface. Forecast as of 29.06.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The EUR/USD pair has fallen due to diverging monetary policies, but the resumption of the conflict between the US and Iran could accelerate its decline. Demand for the US dollar as a safe-haven asset is likely to increase. Let’s discuss this…
Technology shares led a Q2-closing equity rebound as the S&P 500 gained roughly 1.45%, while gold fell nearly 1.8% on a renewed U.S.-Iran ceasefire and USD finished broadly lower.
Markets: Gold down $72 to $4014 US 10-year yields flat at 4.37% WTI crude oil up $1.31 to $70.54 S&P 500 up 1.3% Nasdaq up 2.0% GBP leads, JPY lags The yen hit a 40-year low on Monday, just as its team was being eliminated in the World Cup after blowing a 1-0 lead to Brazil. The yen was…
United Overseas Bank’s (UOB) Quek Ser Leang notes USD/SGD slipped to 1.2929 before recovering, with intraday price action still seen as range trading. For the day, the pair is expected to stay between 1.2930 and 1.2960. On a 1–3 week horizon, the bank keeps a constructive Dollar view while stressing that a break below 1.2925 would cap recent strength…
2026.06.29 2026.06.29 Short-Term Analysis for Oil, Gold, and EURUSD for 29.06.2026 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. Oil settled below the Gold Zone 2…
The EURUSD has pushed to a fresh session high of 1.1427, breaking above its 200-hour moving average at 1.14236. The move higher comes after buyers successfully defended the 100-hour moving average earlier in the day, helping keep the bullish bias intact following last Thursday’s and Friday’s rallies. Those gains late last week did fade into the close, raising the…
