I would have expected the Supreme Court decision to be a negative for gold, as it opens the pathway to a reversal of tariffs and a re-affirmation of the dollar-based system. Instead, the market seems to be taking it as a sign of further turmoil and uncertainty, which is gold bullish. The ongoing worries about a war in Iran…
DBS Group Research economist Chua Han Teng expects the People’s Bank of China to keep the 1-year Loan Prime Rate at 3.00% on February 24, as January data are still unfolding. The report says policy remains cautiously accommodative, reflected in a lower USD/CNY fixing below 7.0, with reliance on structural tools and broader easing anticipated toward the second half…
2026.02.20 2026.02.20 WTI Crude Oil: Elliott Wave Analysis and Forecast for 20.02.26–27.02.26 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: After the correction ends, consider short positions below the level of 70.00 with a target of 55.00–50.50. A sell signal: the price holds below 70.00. Stop Loss: above 70.00, Take Profit: 55.00–50.50. Alternative scenario: Breakout…
While most currencies have been tossing and turning from uncertainty, the Australian dollar has mostly been racking up gains across the board while the Reserve Bank of Australia (RBA) officially entered its tightening era. The latest Australian jobs report released earlier this month just handed RBA policymakers and Aussie bulls another reason to feel good. So what’s fueling this…
Markets: Gold up $87 to $5085 WTI crude oil flat at $66.39 US 10-year yields up 0.8 bps to 4.08% S&P 500 up 0.5% AUD leads, CAD lags It was a news-filled day that started with a big miss on GDP. You could sniff that downside surprise out (and we did) after yesterday’s trade data miss and this morning’s…
DBS Group Research economist Chua Han Teng forecasts Singapore core and headline inflation rising to 1.5% year-on-year in January 2026 from 1.2% in December, helped by low base effects and stronger services prices. Industrial production is expected to post a fifth month of expansion, with January growth jumping to 20.0% year-on-year on robust electronics and AI-related demand. Prices and…
2026.02.20 2026.02.20 XAU/USD: Elliott Wave Analysis and Forecast for 20.02.26–27.02.26 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider short positions from corrections below the level of 5,120.40 with a target of 4,405.00–4,025.00. A sell signal: the price holds below 5,120.40. Stop Loss: above 5,120.40, Take Profit: 4,405.00–4,025.00. Alternative scenario: Breakout and consolidation above the…
Everyone and his momma knew the Reserve Bank of New Zealand (RBNZ) was going to hold rates steady this month, so why did the Kiwi drop sharply even when the central bank did as expected? What can be sneaky about rate decisions is that sometimes it’s less about what policymakers announce, but more of how they say it. The…
The Atlanta Fed’s initial GDPNow estimate for Q1 2026 real GDP growth came in at 3.1% (annualized) as of February 20, pointing to a solid start to the year. At the same time, the advance estimate for Q4 2025 GDP, released today by the Bureau of Economic Analysis, showed growth of just 1.4% — a notable downside surprise. That…
DBS Group Research economist Chua Han Teng highlights a rebased GDP series to be released on February 27, shifting calculations from 2011–12 to 2022–23 and incorporating new surveys and COICOP 2018. DBS forecasts real GDP growth at 7.3% year-on-year in 3QFY26 (4Q25), viewing the revised series as a better gauge of underlying activity. Rebasing to refine growth measurement “A…
