2026.06.04 2026.06.04 Pound Steadies as Sluggish GDP Growth May Keep BoE on Hold. Forecast as of 04.06.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The futures market expects the repo rate to rise from 3.75% to 4.25% in 2026. However, the weakness of the UK economy and labor market will most likely prevent the Bank of England from taking aggressive action. Let’s discuss this…
Manufacturing hit its strongest reading since May 2022 at 54.0. Services surpassed expectations at 54.5 versus 53.7. In both cases, employment is contracting while prices continue to run hot. Here’s why the latest ISM PMI surveys could make the Fed’s policy headache get worse. What Are PMIs Anyway? The Purchasing Managers’ Index (PMI) is a composite reading based on…
Most traders outgrow their first broker. The beginner who opens a small account in order to learn quickly hits a ceiling on tools and guidance, and the systematic trader who needs always-on infrastructure ends up stitching together a server from one vendor, analytics from another, and a TradingView bridge from a third. Switch Markets has built a single answer…
Deutsche Bank’s Early Morning Reid note reports that US equities have broken a nine-day winning streak as higher Oil prices, hawkish Fed pricing and negative AI news hit risk sentiment. The S&P 500 and NASDAQ both fell, with the Magnificent 7 underperforming, while Asian indices and Bitcoin also declined, reflecting broader risk-off positioning across global equities. AI disappointment triggers…
2026.06.04 2026.06.04 Greenback Surges on Strong US Data and Middle East Tensions. Forecast as of 04.06.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The ceasefire in the Middle East has escalated into a low-intensity conflict. However, Donald Trump is prepared to be patient and continues to believe in diplomatic efforts. How long will his patience last? Let’s analyze the situation and develop a trading…
Though the U.S. NFP report is likely to hog the spotlight on Friday, Canada’s upcoming employment release could still trigger some volatility for Loonie pairs. Are there any surprises to look out for? Here’s what to watch in this top-tier economic catalyst.
Inflation is still too high Will do what is considered necessary to achieve our mandate Having raised the cash rate three times, monetary policy is well placed to respond to developments We’ve already seen some signs that this tightening is starting to work Although, it will take around 1-2 years for the effects to fully flow through to the…
Silver price (XAG/USD) trades 1.2% higher to near $73.60 during the Asian trading session on Thursday. The white metal rebounds after a sharp sell-off on Wednesday even as fears of a prolonged United States (US) blockade on Iranian sea ports have raised concerns over its outlook, a scenario that will be in action if the US and Iran do…
A sharp escalation in US-Iran hostilities overnight rattled energy markets and risk sentiment on Wednesday, driving crude oil firmly higher and snapping the S&P 500’s nine-session winning streak. A simultaneous wave of stronger-than-expected US economic releases, including a substantially above-forecast ADP employment report and a robust ISM Services PMI, reinforced the possibility that the Federal Reserve may shift toward…
Australian April 2026 trade data, gives a trade balance of 1.791bn AUD surplus expected -1.61bn, prior -1.84bn I’ll have more to come on this separately. In brief exports or iron ore, coal and LPG strong. Imports of capital goods fell away while those fuel surged. This article was written by Eamonn Sheridan at investinglive.com.
