The major European indices are closing the day with mixed results. The gains were led by Italy’s FTSE MIB which is closing just below its all-time high price reached back to 2000 at 48909.04. Spain’s Ibex close at 18204.31, which is getting close to its all-time high close of 18573.83. A look at the daily closes shows German DAX…
United States CFTC Oil NC Net Positions down to 202.2K from previous 213.5K
The Fed nominee Kevin Warsh nomination hearing scheduled for next week is to be delayed. This is according to the New York Post. No new hearing date scheduled yet Delay due to Senate Banking Committee awaiting required paperwork Committee must give at least one week’s notice before holding the hearing Deadline to proceed as planned was missed (paperwork not…
United Kingdom CFTC GBP NC Net Positions: £-56.4K vs previous £-52.7K
The Israeli Broadcasting Authority is reporting that PM Netanyahu approves every attack launched in Beiriut (Lebanon). Pres. Trump is trying to get Israel and Netanyahu stop the attacks in Lebanon on Hezbollah. According to this report if there are additional tariffs, the buck stops at Netanyahu (and threatens the peace process). As we head into the weekend, stocks are…
Commerzbank’s Dr. Henry Hao sees upside risks to China’s Q1 2026 GDP versus the bank’s 4.6% forecast, supported by resilient exports and front‑loaded public investment. Industrial production is projected to grow 5.5% year‑on‑year, while retail sales slow to 2.5%. The bank warns that secondary shocks from the Iran war could later erode China’s export advantage and prompt further policy…
Prior month -$308 billion Federal budget deficit $164 billion versus $156.75 billion estimate. A year ago, the deficit was $161 billion Details: Fiscal 2026 year-to-date deficit $1.169 trillion versus $1.307 trillion in 2025. Down 11% YoY March Net customs receipts and $22.16 billion Budget outlays $549 billion versus $528 billion in March 2025 Receipt $385 billion, record for month…
Mary Daly, President of the Federal Reserve (Fed) Bank of San Francisco, told Reuters in an interview on Friday that if Iran conflict is resolved quickly and Oil prices come back down, a rate cut may not be out of the question. Key takeaways: If Iran conflict resolves quickly and oil prices come back down, a rate cut is…
2026.04.10 2026.04.10 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 10.04.2026 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: Expect a decline in impulse wave . Consider short positions with a Take Profit at 62,315.10. XRPUSD: A decline within the…
The talks in Islamabad have beguin, according to reports from all sides. Notably, Iran has said it can’t open Hormuz because of mines in the water. The US seems to be calling that bluff as ‘several’ US navy ships passed through. Trump said “We’re now starting the process of clearing out Hormuz”. I wonder if Iran will see that…
