NYT reports the firm now looking to 2027 for its IPO. Nasdaq had the sads on Thursday: US stocks close mixed with the Dow modestly higher. The S&P was unchanged. The Nasdaq fell This article was written by Eamonn Sheridan at investinglive.com.
The Bank of Mexico (Banxico) held its main reference rate unchanged at 6.50% in a unanimous decision on Thursday, as expected. Based on its economic projections, Banxico noted that the balance of inflation risks is tilted to the upside. Board signals restrictive stance as core inflation remains key focus In the statement, the central bank mentioned that it is…
2026.06.25 2026.06.25 Gold’s Safe-Haven Appeal Tested by Fed Policy Shift. Forecast as of 25.06.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The advantages gold enjoyed yesterday have now turned against it. The Fed is no longer going to cut rates. Instead, it wants to raise them. Investors are returning to the US dollar, while gold ETFs see large outflows. How can gold survive this?…
US Core PCE rose 0.3% month-over-month in May 2026 and hit 3.4% year-over-year, matching forecasts but marking the highest annual rate since late 2023 amid energy shocks from the Strait of Hormuz.
Share of Micron are trading higher after reaching new all-time highs earlier in the day. Earnings and guidance after the close were stellar. However other once Micron-esque companies are looking tired and old. NVIDIA shares are lower on the day and, in the process, have fallen below the 100-day moving average at $196.17. The stock reached a session low…
USD/JPY trades slightly lower on Thursday as the US Dollar (USD) eases after the latest US Personal Consumption Expenditures (PCE) data broadly matched market expectations. Still, the Japanese Yen (JPY) remains pinned near its 40-year lows. At the time of writing, the pair trades around 161.75. Data from the US Bureau of Economic Analysis showed that the core Personal…
2026.06.25 2026.06.25 8 Best Crypto Day Trading Strategies Every Trader Should Know Maxim Tkachenkohttps://www.litefinance.org/blog/authors/maxim-tkachenko/ Crypto day trading revolves around managing probabilities in a highly volatile crypto market. Every day, the cryptocurrency market offers hundreds of opportunities to profit from short-term price movements. Yet consistently generating profits remains a challenge for most participants. According to cryptocurrency exchange data, only a…
Gold finally cracked below $4,000 this week, leaving the metal down about 29% from its January 29, 2026 record high of $5,595. A hawkish Fed, still elevated real yields, and the slow fade of the Middle East risk premium all showed up at the same time, and gold bulls didn’t have much room to argue. Now the chart has…
Prior estimate 1.6%. Prior quarter 0.5% GDP Final Q1 2.1% vs 1.6% estimate and 1.6% prior estimate GDP sales final 1.9% vs 1.5% estimate and 1.5% prior estimate GDP consumer spending final 0.5% versus 1.4% prior estimate GDP Deflator 3.6% vs 3.5% est. and 3.5% prior estimate. Core PCE Final 4.4% vs 4.4% estimate and 4.4% prior estimate. PCE…
Gold price (XAU/USD) clings to Wednesday’s losses near $3,985 during the European trading session on Thursday. The yellow metal remains under severe pressure as traders seem confident that the next monetary policy move by the Federal Reserve (Fed) will be on the upside. According to the CME FedWatch tool, the odds of the Fed hiking interest rates this year…
