The Reserve Bank of Australia (RBA) is having a monetary policy meeting this week and will deliver its decision on Tuesday. Market participants expect the Board to deliver a 25 basis points (bps) interest rate hike, the third consecutive one. If markets are right, the Official Cash Rate (OCR) will then reach 4.35% from the current 4.1%. As usual,…
Oil surged more than 5% after U.S. and Iranian forces exchanged fire in the Strait of Hormuz, pushing equities lower as the U.S. dollar closed on top.
Saudi Arabia has demanded guaranteed free passage through the Strait of Hormuz and backed Pakistani mediation, as Israeli officials warned the situation with Iran could deteriorate within hours, prompting airport contingency measures. Summary: Saudi Arabia called for the restoration of freedom of navigation through the Strait of Hormuz to its status prior to 28 February, and demanded guarantees for…
Argentina Tax Revenue (MoM) fell from previous 16071B to 17B in April
2026.05.04 2026.05.04 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 04.05.2026 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 fifth wave of the bullish impulse within a sideways correction is expected to complete shortly. Consider long positions with…
Japan’s suspected yen intervention could ripple beyond USD/JPY, affecting U.S. Treasury yields, stocks, and beta currencies. Learn what traders should watch next.
Trump speaking to Fox News said Iran will be ‘blown off the face of the earth’ if the Islamic republic attacks US ships guiding vessels through Strait of Hormuz. A US official cited by Al Jazeera said that Project Freedom in the Strait of Hormuz is a defensive operation and we do not want to see escalation with Iran….
US equities slumped on Monday as a series of escalating reports out of the Persian Gulf revived concerns that the fragile US-Iran ceasefire is fraying. The Dow Jones Industrial Average shed roughly 0.9%, slipping back toward 49,000 after an intraday low below that level. The S&P 500 fell around 0.4% from Friday’s record close above 7,200, while the Nasdaq…
2026.05.04 2026.05.04 US Dollar Slips As Project Freedom Sparks New Hormuz Tensions. Forecast as of 04.05.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The blockade of the Strait of Hormuz is a double-edged sword for the US and Iran. It is turning into a battle for survival. Against this backdrop, the US is looking for ways to resolve the conflict. The Project Freedom operation…
What use is a well-timed and properly executed entry if you aren’t able to minimize your losses or maximize gains? Here are some exit strategies to consider.
