ING’s Min Joo Kang expects Japan’s economy to maintain similar growth to the previous quarter, with first-quarter Gross Domestic Product (GDP) seen rising 0.3% quarter-on-quarter. The war-related energy shock is judged to have limited impact on trade and growth but a more visible effect on inflation. ING forecasts April inflation at 1.8% year-on-year, helped by subsidies that cap broader…
2026.05.15 2026.05.15 EUR/USD: Elliott Wave Analysis and Forecast for 15.05.26–22.05.26 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider short positions from corrections below the level of 1.1795 with a target of 1.1350–1.1115. A sell signal: the price holds below 1.1795. Stop Loss: above 1.1835, Take Profit: 1.1350–1.1115. Alternative scenario: Breakout and consolidation above the…
CHF/JPY has been on a strong climb these days, with franc bulls possibly setting their sights on the long-term range resistance. Check out these inflection points on the 4-hour chart!
The major US stock indices are closing lower with the Nasdaq and the Russell 2000 leading the declines.Sharply higher yields and higher oil were the catalysts for the declines. Looking at the major indices: Dow industrial average fell -537.07 or -1.07% at 49530.94.. S&P index fell -92.76 points or -1.24% at 7408.49 NASDAQ index fell -410.08 points or -1.54%…
DBS economists Taimur Baig and Radhika Rao anticipate Singapore’s April 2026 non-oil domestic exports to rise 11.5% year-on-year, marking an eighth consecutive month of expansion after 15.3% in March. The performance is expected to be driven by strong electronics benefiting from global artificial intelligence demand, while non-electronics lag and petrochemicals face downside risks from Middle East-related feedstock disruptions. Electronics…
2026.05.15 2026.05.15 GBP/USD: Elliott Wave Analysis and Forecast for 15.05.26–22.05.26 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider short positions from corrections below the level of 1.3652 with a target of 1.3150–1.2936. A sell signal: the price holds below 1.3652. Stop Loss: above 1.3690, Take Profit: 1.3150–1.2936. Alternative scenario: Breakout and consolidation above the…
Artificial intelligence enthusiasm, a landmark Trump-Xi summit in Beijing, and stronger-than-expected U.S. retail sales combined to push the S&P 500 above 7,500 for the first time, while the U.S. dollar advanced progressively through the day to close as the top-performing major currency. Gold declined as risk appetite improved, and Bitcoin surged past $80,000, correlating with a significant regulatory advance…
Fed Chair Powell’s eight-year run as Fed Chair officially came to an end today, and he exited with markets under heavy pressure from sharply rising yields and renewed inflation concerns. US Treasury yields surged across the curve. The 2-year note yield rose 8.7 basis points on the day and 19.0 basis points for the week to 4.079% — the…
ING analysts see Taiwan’s external demand remaining a key growth driver, led by technology exports. They expect export orders to stay very strong, even as the year-on-year rate moderates. Robust higher-tech product prices are supporting headline export values and overall growth, although they also raise import costs, tempering some of the positive impact on Taiwan’s trade balance. Export orders…
2026.05.15 2026.05.15 Gold Remains Under Pressure. Forecast as of 15.05.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Historical parallels with 2022 suggest that XAU/USD could rally amid falling oil prices, even if the Fed raises interest rates. However, Brent is unlikely to decline while the Strait of Hormuz remains blocked. Is gold doomed? Let’s discuss this and outline a trading plan. The article covers…
