Gold prices fell in Pakistan on Wednesday, according to data compiled by FXStreet. The price for Gold stood at 40,043.04 Pakistani Rupees (PKR) per gram, down compared with the PKR 40,194.48 it cost on Tuesday. The price for Gold decreased to PKR 467,053.10 per tola from PKR 468,820.50 per tola a day earlier. Unit measure Gold Price in PKR…
2026.06.01 2026.06.03 Weekly Economic Calendar for 08.06.2026–14.06.2026 Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Although tensions in the Middle East continue to drive market volatility, investors remain firmly focused on economic fundamentals. After digesting May’s US employment data, markets are now turning their attention to this week’s inflation report for further insight into the Fed’s monetary policy outlook. In addition, in the coming week…
WTI crude oil could be done with its slide, as the pair formed an inverted head and shoulders pattern and appears to be busting through the neckline. Check out the potential targets!
China’s services PMI rose to 54.4 in May from 52.6, the fastest expansion in three months, with new orders growing for a 41st straight month and employment returning to growth. Earlier PMI data for the month: China’s services acceleration stands in sharp contrast to the stagnation and contraction visible in Japan and Australia’s May PMIs, and reinforces the view…
Gold steadies below $4,500 after the previous day’s fall as traders await further clarity over US-Iran peace talks amid mixed signals. US President Donald Trump reiterated that peace talks were ongoing, while Iran said that it would suspend negotiations following fresh US strikes and an Israeli military operation in Lebanon. The uncertainty keeps geopolitical risk in play, which, along…
2026.06.02 2026.06.02 US Dollar Steadies Amid Mixed Signals on US-Iran Talks. Forecast as of 02.06.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Investors are tired not only of geopolitical tensions but also of the uncertainty surrounding the US-Iran negotiations. The markets are optimistic about a peace agreement, but if that optimism turns into disappointment, the US dollar will once again see increased demand. Let’s…
The Sunday cheat sheet set up June 1–5 as a classic NFP-week sequence — one where the labor data hierarchy from Monday’s ISM Manufacturing through Friday’s jobs report would largely determine whether the dollar’s post-PCE bearish structure continues or reverses. The Iran ceasefire situation was the wildcard layered underneath, with WTI’s behavior around $87 pegged as the early read…
India’s RBI may have sold around $12bn in gold in the two weeks to May 22 to shore up foreign exchange reserves strained by high oil prices and a weakening rupee, Bloomberg Economics estimates. Summary: Source: Times of India, citing Bloomberg Economics analysis Bloomberg Economics estimates the RBI sold approximately $12 billion in gold during the two weeks ending…
Philip Wee at DBS Group Research has raised his USD/PHP year-end 2026 forecast to 62.7 from 57.8, reflecting persistent external and domestic pressures. The closure of the Strait of Hormuz and higher Oil prices have widened trade deficits and pushed inflation well above target. Bangko Sentral ng Pilipinas (BSP) has reversed earlier easing but is reluctant to repeat the…
2026.06.02 2026.06.02 Forex Trading Tips for Beginners: How to Trade Forex Successfully Gleb Kabanovhttps://www.litefinance.org/blog/authors/gleb-kabanov/ These Forex trading tips can help traders protect their capital and improve their chances of long-term success. While Forex trading attracts millions of participants, it is far more complex than it appears on social media. Many beginners treat the market like gambling, which often leads…
