CPI +2.2% vs +2.2% y/y prelim Prior +1.7% HICP +2.5% vs +2.5% y/y prelim Prior +2.0% The monthly change itself also shows a 1% increase in headline inflation, leading to the annual estimate to cross back above the 2% mark in April. Of note, energy prices once again picked up in recording a 4.7% increase on the month after…
The GBP/USD pair trades on a positive note around 1.3550 during the early European trading hours on Wednesday. Nonetheless, the potential upside for the major pair might be limited, as UK political turmoil and ongoing tensions in the Middle East could weigh on the British Pound (GBP) against the Greenback. UK Prime Minister Keir Starmer is facing rising pressure…
2026.05.12 2026.05.12 US Dollar Strengthens As Markets Embrace ‘NACHO’ Trade. Forecast as of 12.05.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Instead of the TACO or “Trump Always Chickens Out” trade, the market has come up with a new buzzword. It implies trading on the assumption that the Strait of Hormuz will never reopen, which is a bullish factor for oil and the US…
Early this week, the S&P 500 Index closed at a fresh all-time high of 7,412.84. That same day, oil was climbing toward $100 a barrel while the Iran ceasefire was described as being “on life support,” and markets were bracing for an inflation print that almost everyone expected to come in hot. Then Tuesday arrived. The U.S. Consumer Price…
Goldman Sachs says the energy price shock will keep US yields elevated and drive broad dollar strength across G10, with favoured longs against the krona, euro and pound. Summary: Goldman Sachs strategists said the combination of rising inflation and resilient economic growth has already produced higher-for-longer US yields, with any prolonged energy shock set to reinforce broad dollar strength…
GBP/USD lost about 0.7% on Tuesday, sliding from prior session highs near 1.3650 to test the 1.3500 round figure before a modest late-session rebound. Price recovered close to 1.3540, with the steady move lower through European and US trade leaving the pair at the lower end of its recent multi-day range.
2026.05.12 2026.05.13 Weekly Economic Calendar for 18.05.2026–24.05.2026 Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Ongoing developments involving Iran and the Strait of Hormuz continue to influence markets. The pattern is clear: as oil prices rise, inflation expectations increase, which in turn boosts the likelihood of Fed policy tightening or, at the very least, puts a pause on policy easing, leading to higher Treasury yields…
XAG/USD is flashing a potential bullish technical signal after its 10-day SMA moved above the 50-day SMA. Will price follow through or fade near resistance?
US consumer prices rose 3.8% in April, above forecasts, with energy accounting for 40% of the increase, prompting analysts to warn of rising rate hike risks and pushing December hike odds to nearly 30%. Summary: The US Consumer Price Index rose 3.8% year-on-year in April, ahead of the 3.7% consensus forecast and up from 3.3% in March, with energy…
Standard Chartered’s Christopher Graham notes that European Union (EU) exports to the United States (US) are now contracting at rates comparable to COVID and GFC (Great Financial Crisis) periods, potentially reflecting both prior export frontloading and emerging structural weakness. He highlights that the EU-US trade deal capping most US tariffs at 15% is still unratified, with risks of higher…
