Event Guide: U.S. ISM Services PMI (May 2026)
The U.S. ISM services PMI for May can be influential in setting NFP expectations and dollar direction this week. Here’s what to look out for.
The U.S. ISM services PMI for May can be influential in setting NFP expectations and dollar direction this week. Here’s what to look out for.
Trump on TruthSocial is saying Trump says reports that the U.S. and Iran stopped communicating are false. He claims discussions between U.S. and Iranian officials have continued without interruption, including over the past several days. He emphasizes that talks were active four days ago, three days ago, two days ago, one day ago, and today. Trump acknowledges uncertainty about…
Deutsche Bank analysts, including Mark Wall and team, argue Germany faces multifaceted headwinds from the Middle East conflict, with growth momentum weakening into mid‑2026. Expansionary fiscal policy is seen as the key stabilizer, keeping Gross Domestic Product (GDP) growth at 0.5% in 2026. As external conditions normalize, a fiscal-led domestic recovery is projected to lift German GDP growth to…
2026.06.02 2026.06.02 Bull vs. Bear Markets: What’s the Difference Between Bullish and Bearish? Artem Shashkovhttps://www.litefinance.org/blog/authors/artem-shashkov/ The stock market is a constantly evolving system where the decisions and emotions of millions of investors influence price movements. These movements are typically described as either bull markets or bear markets. These terms refer to more than just rising or falling prices. They…
Stagflation fears continue to haunt the markets, after the U.S. GDP slowed to 1.6% and core PCE inflation held at 3.3%. On top of that, the U.S. ISM Manufacturing PMI clocked in at 54.0, its highest reading since May 2022, as the prices component remained elevated. Learn what stagflation means, why it’s so hard to fix, and what to…
The Canadian economy continues to show signs of slowing. Business investment remains weak, unemployment has moved higher, and overall growth is hovering near stall speed. At the same time, inflation pressures have reemerged, driven largely by higher energy prices and trade-related costs. Against that backdrop, the Bank of Canada has adopted a wait-and-see approach, keeping its policy rate at…
The Euro (EUR) appreciates higher against the US Dollar (USD) on Tuesday, although the pair remains capped below 1.1650. Hot Eurozone inflation figures have failed to provide any significant support to the Euro, and the focus shifts now to the US JOLTS Job Openings, the first of an array of US indicators scheduled for this week. The Eurozone Harmonised…
2026.06.02 2026.06.02 Brent Rally Loses Steam as Trump Claims Ceasefire Deal Within Reach. Forecast as of 02.06.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The oil market continues to respond to any news from the Middle East. However, rising US exports and falling Chinese imports are making it fundamentally stronger. Let’s discuss this topic and develop a trading plan for Brent. The article covers…
Is the Greenback due for a breather after its recent run? Our Event Guide for the U.S. May ISM Services PMI Report notes that the survey will likely extend its cooling trend, though markets may care more about the employment and prices paid components than the headline figure. If the release turns bearish for the U.S. dollar, then USD/CHF…
At Computex Taipei, one of the world’s largest and most influential technology trade shows, held annually in Taipei (Taiwan), Marvell Technology CEO Matt Murphy said that as AI models evolve into increasingly complex AI agents, the next major challenge facing data centers may no longer be computing power or memory capacity, but the ability to move vast amounts of…