Prior 52.4 Manufacturing PMI 49.4 vs 49.1 expected Prior 48.8 Composite PMI 51.5 vs 51.8 expected Prior 51.5 The end of last year was filled with optimism on the recovery but the start of the year dealt a bit of a reality check. The contrast between France and Germany again is for all to see. The former is facing…
Here is what you need to know on Friday, January 23: Investors assess the Bank of Japan’s (BoJ) policy announcements early Friday, while getting ready for the release of the preliminary January Manufacturing and Services Purchasing Managers’ Index (PMI) data from Germany, the Eurozone, the UK and the US. US Dollar Price This week The table below shows the…
2026.01.23 2026.01.23 TACO Trade No Longer Buoys US Dollar. Forecast as of 23.01.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The markets should drop significantly for Trump to back down. However, they are not doing so, hoping for the TACO factor. The US president believes he can get away with anything and will continue doing what he wants. Let’s discuss this topic and make…
EUR/CAD is struggling to break through its moving average resistance. Could this keep the pair stuck in its downtrend before it runs into the top of the pattern? Let’s check out the daily time frame: EUR/CAD Daily Forex Chart by TradingView The euro has seen mixed price action so far this week, acting as a regional safe haven at…
China likely to lower 2026 growth target as global slowdown weighs BOJ holds rates at 0.75%, Lifts core inflation outlook. Dissent highlights inflation risk Bank of Japan leaves short term rate on hold, as expected RBNZ Governor Breman vows to return inflation to 2% after CPI edges above target band Japan says bond market stress has eased as volatility…
The Bank of Japan (BoJ) board members decided to maintain the short-term interest rate at 0.75%, following the conclusion of the two-day monetary policy review meeting on Friday. This decision was widely anticipated. That leaves borrowing costs at the highest level in three decades. BoJ’s quarterly Outlook Report Japan economy likely to continue recovering moderately. Board’s core consumer price…
The U.S. core Personal Consumption Expenditures (PCE) price index rose 2.8% year-over-year in November, matching expectations and ticking up from October’s 2.7% reading, according to data released Thursday by the Bureau of Economic Analysis (BEA). The headline PCE price index also increased 2.8% annually, up from 2.7% in October and in line with forecasts. On a monthly basis, both…
New research shows Warren Buffett’s success stemmed from investing in quality businesses with strong intangible moats, not from buying cheap stocks. The full article is here, a great read: Warren Buffett Was Never Just a Value Investor. Here’s the Real Secret to His Investing Success Data shows Buffett beat markets by investing in quality, not cheap stocks. but Ive…
Japan Jibun Bank Services PMI up to 53.4 in January from previous 51.6
2026.01.22 2026.01.22 US Dollar Surges As Trump Backs Down On Tariffs Against Europe. Forecast as of 22.01.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The framework agreement on Greenland has calmed the financial markets. The US will not impose additional tariffs on Europe. As a result, the EUR/USD pair has retreated. Let’s discuss this topic and make a trading plan. The article covers the…
