The Chinese government has tried to internationalize the yuan and raise its stature as a global currency for decades. Hong Kong’s ascension as a prominent yuan-denominated gold trading hub is giving that effort a big boost. S&P Global Ratings managing director Charles Chang told CNBC that Hong Kong’s evolution as a gold trading center and the ensuing elevation of…
2026.10.13 2026.10.13 Short-Term Analysis for Oil, Gold, and EURUSD for 13.10.2026 Alex Rodionovhttps://www.litefinance.org/blog/authors/alex-rodionov/ Welcome, my fellow traders! I have prepared a price forecast for US Crude, XAUUSD, and EURUSD using a combination of the margin zones method and technical analysis. Based on the market analysis, I have identified entry signals for intraday traders. Yesterday, oil reached the key resistance…
Chip stocks slid after Broadcom’s CEO likened AI investing to a casino and China’s CXMT flagged new memory tech. CXMT has not shared specs.
Fed’s Collins says uncertainty is elevated as she watches breadth of inflation pressures !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}
Societe Generale’s Kit Juckes argues that Fed Funds forward pricing may be nearing the end of its third upward leg this year, with current expectations just below 5% and the US Dollar (USD) having risen alongside each repricing. He notes that further upside in terminal Fed Funds pricing likely requires a significant upside surprise in US core Consumer Price…
2026.10.13 2026.10.13 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 13.10.2026 Roman Oneginhttps://www.litefinance.org/blog/authors/roman-onegin/ Dear readers, I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on Elliott Wave analysis. The article covers the following subjects: Major Takeaways BTCUSD: The price continues to rise in a bullish correction (B). Consider long positions with a Take Profit at 88,766.91. XRPUSD:…
GBP/USD is consolidating right on a key support level visible on the daily time frame. Or is it gearing up for another leg lower?
European stocks close mostly lower as Middle East tensions keep oil elevated !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}
EUR/USD gains ground on Tuesday as the US Dollar (USD) retreats from recent highs, giving the Euro (EUR) some breathing room despite persistent concerns over France’s fiscal and political outlook. At the time of writing, the pair trades around 1.1192, up 0.33% on the day. An earlier pullback in US Treasury yields dragged the US Dollar lower. Yields have…
2026.10.13 2026.10.13 S&P 500 Defies Rising Yields as AI Boom Fuels Bullish Bets. Forecast as of 13.10.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Over the past four years, buying dips in the S&P 500 has proved a profitable strategy. Now, several factors are encouraging investors to return to this tried-and-tested approach. Let’s examine the situation and develop a trading plan. The article covers…
