US factory orders for April 4.8% versus 4.6% estimate

Prior month factory orders 1.5% Factory orders for April 4.8% vs 4.6% estimate Durable Goods revision for April 8.0% vs 7.9% preliminary Durable Goods ex defense 8.1% vs 8.1% preliminary. Last month -0.3% Durable goods ex Transportation 1.1% versus 1.1% preliminary. Last month 1.1% Non defense Capital goods ex Air -1.0% versus -1.1% preliminary. Last month 3.9% factory orders…

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Gold declines as Middle East tensions and higher-for-longer Fed outlook weigh

Gold (XAU/USD) trades lower on Wednesday as escalating tensions in the Middle East dampen hopes for a near-term US-Iran peace deal. At the time of writing, XAU/USD is trading around $4,455, down nearly 1.85% so far this week. US Central Command said American forces intercepted multiple Iranian ballistic missiles and drones targeting Kuwait and Bahrain on Tuesday. In response,…

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Best Indicators for Trading Gold (XAU/USD) in 2026

2026.06.03 2026.06.03 Best Indicators for Trading Gold: Guide for XAU/USD Traders Oleg Tkachenkohttps://www.litefinance.org/blog/authors/oleg-tkachenko/ Gold trading is unique for two reasons. First, unlike purely speculative assets, gold is supported by industrial demand, contributing to its long-term value. Second, its sensitivity to fundamental factors makes it highly volatile. Gold’s high volatility creates opportunities for quick profits during strong price swings. To…

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SNB Chairman Schlegel says medium-term inflation pressure is basically unchanged

Medium-term inflation pressure is basically unchanged Iran war could increase pressure on the Swiss Franc There’s an increased willingness to intervene in FX I expect growth revival in the medium-term SNB’s Chairman Martin Schlegel struck a cautious but relatively balanced tone, arguing that while the US-Iran conflict and the resulting surge in energy prices are creating near-term inflation risks,…

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Our basic stance is to continue raising interest rates

Bank of Japan (BoJ) Governor Kazuo Ueda reaffirms that the direction of the monetary policy remains on the upside, while speaking at the Kisaragi-kai Meeting on Wednesday. Remarks Our basic stance is to continue raising policy rate in accordance with economic, price, financial developments. This year’s oil price increase is not as large as in the first oil crisis,…

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Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 03.06.2026

2026.06.03 2026.06.03 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 03.06.2026 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 may rise in sub-wave Z to the previous high. Consider long positions with a Take Profit at 82,857.77….

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AUD Drops as Weak Trade and Cyclone Disruptions Weigh on Q1 GDP

Australian Bureau of Statistics (ABS) showed that Australia’s economy grew 0.3% in Q1 2026, falling short of the 0.5% gain markets had anticipated and slowing sharply from the 0.9% pace recorded in the December quarter. Annual growth held at 2.5% (y/y), also below the 2.6% consensus, as a record surge in data centre imports, weather-driven disruptions to mining exports,…

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FX option expiries for 3 June 10am New York cut

There are just a couple of expiries to take note of on the day, as highlighted in bold below. The first being for EUR/USD at the 1.1625 level. The expiries don’t tie to any technical significance but could act as a bit of a magnet for price action in the session ahead. That as the overall market mood continues…

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